»
»
Carson City

Current Mortgage Rates in Carson City, Nevada

Compare mortgage rates and fees for leading lenders in Carson City, NV. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in Carson City.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Carson City. Plus, shopping lenders is free and there is no obligation.

%
Mortgage Rates in Carson City, NV as of September 22, 2019
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact

%
Get Personalized Mortgage Quotes for Carson City, NV

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Carson City, NV Mortgage Rates Compare?

September 22, 2019

The current average rate for a 30 year fixed rate mortgage in Carson City is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
Carson City, NV Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.600%
15 Year Fixed Rate
B.BBB%
3.050%
5/1 Adjustable Rate Mortgage
C.CCC%
3.360%

How Affordable is Housing in Carson City, Nevada?

The median home value for Carson City, NV is $256,315

The median household income for Carson City, NV is $50,849

Based on current mortgage rates and a 10% down payment, you need to make $47,554 per year to buy the median priced home in Carson City

The home price you can afford to buy based on household income in Carson City is 107% of the median home value which means housing prices are average

Carson City ranks 14 out of 17 counties in Nevada and 2,961 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Carson City, NV is average

orange-simple-house
ruler

Loan Limits for Carson City, Nevada

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Carson City below.

Conforming loan limits for Carson City, NV

1 unit: $484,350
2 units: $620,200
3 units: $749,650
4 units: $931,600

FHA loan limits for Carson City, NV

1 unit: $318,550
2 units: $407,800
3 units: $492,950
4 units: $612,600

VA loan limits for Carson City, NV

1 unit: $484,350

Additional Mortgage Resources for Carson City, NV Residents

Mortgage Rates for Nevada Cities

Carson City Mortgage Rates

Douglas Mortgage Rates

Elko Mortgage Rates

Fernley Mortgage Rates

Las Vegas Mortgage Rates

Reno Mortgage Rates

Tonopah Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx

FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm

VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp

FREEandCLEAR Housing Affordability Index