Compare mortgage rates and fees for leading lenders in Bowling Green, OH. 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 Bowling Green.
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October 20, 2019
The current average rate for a 30 year fixed rate mortgage in Bowling Green 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 Bowling Green, OH (Wood County) is $185,868
The median household income for Bowling Green, OH (Wood County) is $59,807
Based on current mortgage rates and a 10% down payment, you need to make $34,484 per year to buy the median priced home in Bowling Green
The home price you can afford to buy based on household income in Bowling Green is 173% of the median home value which means housing prices are average
Bowling Green (Wood County) ranks 82 out of 88 counties in Ohio and 2,126 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Bowling Green, OH is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Bowling Green (Wood County) below.
Conforming loan limits for Bowling Green, OH
FHA loan limits for Bowling Green, OH
VA loan limits for Bowling Green, OH
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