Compare mortgage rates and fees for leading lenders in Weatherford, TX. 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 Weatherford.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Weatherford. Plus, shopping lenders is free and there is no obligation.
February 24, 2020
The current average rate for a 30 year fixed rate mortgage in Weatherford 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%
Below we provide helpful information on the real estate market, home prices and housing affordability in Weatherford. Understand how much you need to earn to afford a home in Weatherford, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Weatherford fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Weatherford is right for you.
The median home value for Weatherford, TX (Parker County) is $253,691
Based on current mortgage rates and a 10% down payment, you need to make $45,658 per year to buy the median priced home in Weatherford
With this income, you could qualify for a $228,322 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 Weatherford is $1,057
The median household income for Weatherford, TX (Parker County) is $74,466
Based on this income, you can afford a home valued at approximately $413,760
The home price you can afford to buy based on household income in Weatherford is 163% of the median home value which means housing prices are average. Weatherford (Parker County) ranks 233 out of 254 counties in Texas and 2,303 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Weatherford, TX is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Weatherford (Parker County) below.
Conforming loan limits for Weatherford, TX
FHA loan limits for Weatherford, TX
VA loan limits for Weatherford, TX