Current Oklahoma Mortgage Rates

Compare mortgage rates and closing costs for leading lenders in Oklahoma. Review free, personalized mortgage rates for Oklahoma based on your specifc loan amount, program and other factors. Easily compare APRs, fees and monthly payments to find the lender offering the best mortgage terms.

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

Mortgage Rates for Oklahoma as of October 1, 2020
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more on rates and product details.


How Do Today's Oklahoma Mortgage Rates Compare?

October 1, 2020

The current average rate for a 30 year fixed rate mortgage in Oklahoma 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
Oklahoma Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Oklahoma?

Below we offer valuable insights on the housing market and real estate prices in Oklahoma. Understand how much you need to make to buy a house in Oklahoma, including the mortgage you need. Review the monthy loan payment so you can determine if home ownership in Oklahoma is affordable for you. We provide this helpful information to help you decide if living in Oklahoma is right for you.

The median home value for Oklahoma is $146,899

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Oklahoma is $26,438

With this income, you could qualify for a $132,209 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Oklahoma is $612

The median household income for Oklahoma is $52,880

Based on this income, you can afford a home valued at approximately $293,818

The home price you can afford to buy based on household income in Oklahoma is 200% of the median home value which means housing prices are super affordable. Oklahoma ranks 4 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Oklahoma is super affordable


Additional Mortgage Resources for Oklahoma Residents

Mortgage Rates for Oklahoma Cities

Claremore Mortgage Rates

El Reno Mortgage Rates

Lawton Mortgage Rates

Norman Mortgage Rates

Oklahoma City Mortgage Rates

Sapulpa Mortgage Rates

Shawnee Mortgage Rates

Stillwater Mortgage Rates

Tulsa Mortgage Rates

Wagoner Mortgage Rates