Are you considering purchasing a home in the Cornhusker State? You aren’t the only one thinking about it. Nebraska has almost 850,000 housing units and the rate of homeownership exceeds 66%, according to the U.S. Census Bureau’s 2018 American Community Survey.
Nebraska’s median housing value is $161,800, which is significantly lower than the national median value of $229,700. Some localities may have higher or lower prices.
What Are the Mortgage Rates in Nebraska?
The average interest rate for a 30-year fixed-rate conforming mortgage in Nebraska is 3.63%.
Home interest rates range from 3.00% to 4.88% in Nebraska.
What Are Today’s Mortgage Rates?
Locking in a low mortgage rate today can save you thousands over the life of your loan. Compare your mortgage rate offers with national average trends.
This Week’s Rate
Last Week’s Rate
|30-Year Fixed Rate||3.50%||3.51%|
|15-Year Fixed Rate||2.83%||2.83%|
|30-Year Fixed Jumbo Rate||3.58%||3.60%|
|5/1 ARM Rate||3.19%||3.20%|
|5/1 ARM Jumbo Rate||3.02%||3.00%|
*Rates as of June 8, 2020.
U.S. News’ Best Nebraska Mortgage Lenders
Methodology: U.S. News conducted an in-depth review of leading direct mortgage lenders in Nebraska. Research was based on program availability, customer satisfaction ratings and qualification requirements. Because each consumer has different needs, the top finishers in several key areas were chosen.
- Mortgage types offered: Conventional, VA, FHA, refinance, home equity
- Minimum FICO score: 620
- Maximum loan-to-value ratio: 100%
- Maximum debt-to-income ratio: 55%
- Loan amounts: Up to $5,000,000
- Total closing costs: Varies
- J.D. Power overall satisfaction rating: Four out of five