Compare mortgage rates and fees for leading lenders in Kingston, NY. 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 Kingston.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Kingston. Plus, shopping lenders is free and there is no obligation.
August 24, 2019
The current average rate for a 30 year fixed rate mortgage in Kingston 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 Kingston, NY (Ulster County) is $260,494
The median household income for Kingston, NY (Ulster County) is $63,537
Based on current mortgage rates and a 10% down payment, you need to make $48,330 per year to buy the median priced home in Kingston
The home price you can afford to by based on household income in Kingston is 131% of the median home value which means housing prices are average
Kingston (Ulster County) ranks 53 out of 62 counties in New York and 2,776 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Kingston, NY is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Kingston (Ulster County) below.
Conforming loan limits for Kingston, NY
FHA loan limits for Kingston, NY
VA loan limits for Kingston, NY
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