Mortgage Rate Trends
Current APR and Rate Trends since 1991
Nebraska Mortgage Rates
Known for being the home of Warren Buffett and lots of farmland, Nebraska offers some beautiful plains right in the heart of the country. Anyone thinking about relocating to the Cornhuskers state will undoubtedly want to know as much as possible about the available mortgage rates and home values.
Common Nebraska Loan Types:
- Nebraska conventional mortgages: Nebraska mortgage requirements and rates vary based on the area you live in, or want to live in, and your financial situation. Compare mortgage rates on FreeRateUpdate.com to find the option that's right for you.
- Nebraska FHA loans: Home loans backed by the FHA are offered throughout the U.S. The FHA doesn't offer loans directly, you can find one through an FHA-approved lender in Nebraska on FreeRateUpdate.com today. FHA loans are typically offered to first-time homebuyers. FHA loans are designed for low- to moderate-income borrowers with lower credit scores.
- Nebraska VA loans: VA loans are backed by the Department of Veterans Affairs; VA loans are offered to eligible active duty service members and veterans. The VA doesn't offer loans directly, but you can find one through a VA-approved lender in Nebraska through FreeRateUpdate.com. VA loans require no down payment and typically have lower interest rates than conventional mortgages.
Nebraska Mortgage Rates Compared to National Averages
Mortgage interest rates in Nebraska tend to come in slightly above the national average. This typically holds true across both 15-year and 30-year fixed-rate mortgages, as well as 5/1 adjustable-rate mortgages.
Nebraska mortgage refinance rates also sit just above the national average, which can still offer some fantastic value for homeowners with a reasonable amount of equity in their homes looking to cash in for one reason or another.