Compare mortgage rates and fees for leading lenders in East Stroudsburg, PA. 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 East Stroudsburg.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in East Stroudsburg. Plus, shopping lenders is free and there is no obligation.
October 14, 2019
The current average rate for a 30 year fixed rate mortgage in East Stroudsburg 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 East Stroudsburg, PA (Monroe County) is $176,464
The median household income for East Stroudsburg, PA (Monroe County) is $63,308
Based on current mortgage rates and a 10% down payment, you need to make $32,740 per year to buy the median priced home in East Stroudsburg
The home price you can afford to buy based on household income in East Stroudsburg is 193% of the median home value which means housing prices are average
East Stroudsburg (Monroe County) ranks 30 out of 67 counties in Pennsylvania and 1,715 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in East Stroudsburg, PA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for East Stroudsburg (Monroe County) below.
Conforming loan limits for East Stroudsburg, PA
FHA loan limits for East Stroudsburg, PA
VA loan limits for East Stroudsburg, PA
Learn what price home you can afford to buy in East Stroudsburg
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