Compare mortgage rates and fees for leading lenders in Williamsport, 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 Williamsport.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Williamsport. Plus, shopping lenders is free and there is no obligation.
December 11, 2019
The current average rate for a 30 year fixed rate mortgage in Williamsport 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 Williamsport, PA (Lycoming County) is $161,282
The median household income for Williamsport, PA (Lycoming County) is $52,182
Based on current mortgage rates and a 10% down payment, you need to make $29,923 per year to buy the median priced home in Williamsport
The home price you can afford to buy based on household income in Williamsport is 174% of the median home value which means housing prices are average
Williamsport (Lycoming County) ranks 45 out of 67 counties in Pennsylvania and 2,105 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Williamsport, PA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Williamsport (Lycoming County) below.
Conforming loan limits for Williamsport, PA
FHA loan limits for Williamsport, PA
VA loan limits for Williamsport, PA
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