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.
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%
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
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
FHA loan limits for Carson City, NV
VA loan limits for Carson City, NV
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