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Las Vegas

Current Mortgage Rates in Las Vegas, Nevada

Compare mortgage rates and fees for leading lenders in Las Vegas, 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 Las Vegas.

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

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Mortgage Rates in Las Vegas, NV as of November 11, 2019
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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 Las Vegas, NV Mortgage Rates Compare?

November 11, 2019

The current average rate for a 30 year fixed rate mortgage in Las Vegas 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
Las Vegas, NV Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.690%
15 Year Fixed Rate
B.BBB%
3.150%
5/1 Adjustable Rate Mortgage
C.CCC%
3.350%

How Affordable is Housing in Las Vegas, Nevada?

The median home value for Las Vegas, NV (Clark County) is $309,500

The median household income for Las Vegas, NV (Clark County) is $56,560

Based on current mortgage rates and a 10% down payment, you need to make $57,422 per year to buy the median priced home in Las Vegas

The home price you can afford to buy based on household income in Las Vegas is 98% of the median home value which means housing prices are expensive

Las Vegas (Clark County) ranks 15 out of 17 counties in Nevada and 3,009 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Las Vegas, NV is expensive

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Loan Limits for Las Vegas, Nevada

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Las Vegas (Clark County) below.

Conforming loan limits for Las Vegas, NV

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

FHA loan limits for Las Vegas, NV

1 unit: $322,000
2 units: $412,200
3 units: $498,250
4 units: $619,250

VA loan limits for Las Vegas, NV

1 unit: $484,350

Additional Mortgage Resources for Las Vegas, 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