Compare mortgage rates and fees for leading lenders in Mason, 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 Mason.
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October 22, 2019
The current average rate for a 30 year fixed rate mortgage in Mason 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 Mason, OH (Warren County) is $229,513
The median household income for Mason, OH (Warren County) is $81,824
Based on current mortgage rates and a 10% down payment, you need to make $42,582 per year to buy the median priced home in Mason
The home price you can afford to buy based on household income in Mason is 192% of the median home value which means housing prices are average
Mason (Warren County) ranks 71 out of 88 counties in Ohio and 1,747 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Mason, OH is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Mason (Warren County) below.
Conforming loan limits for Mason, OH
FHA loan limits for Mason, OH
VA loan limits for Mason, 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