Iowa Mortgage Rates
The Hawkeye State rests right at the heart of the Midwest region in America where farming and agriculture plays a big role in the economy.
But other than that, Iowa ranks 6th in U.S. News’ state ranking based on what the state has to offer. Factors can range from health care, public safety, infrastructure, education, and some others.
It’s proof that living in this state has its perks and its charms. Other than that, the state’s capital, Des Moines, tops the list of the most affordable city to live in the United States.
Housing opportunities in Iowa
Since affordable living is possible in Iowa, home listings can be seen at low prices. In fact, the median house value in this state could range around $120,000 to $130,000.
If you’re thinking about living in Des Moines, the houses being sold are around that price range as well.
Talk to our lenders for more insights on today's mortgage market.About Iowa’s Mortgage Rates
Getting an affordable mortgage is possible in Iowa. As of October 11, 2017, the average mortgage rate for a fixed-rate mortgage with a 30-year term is more or less up to 3.80 percent. State mortgages have mortgage rates that can range from 3.70 percent to 3.80 percent as well.
But always remember that due to the constant change in real estate trends, current mortgage rates also shift from time to time. Other than that, the rates can vary from one lender to another.
One step closer to your home
For insights on home loans as well as resources for good mortgage terms, programs, and rates, Mortgagesum.com is one of the many online sources you can rely on.
Also, keep in mind to always consult your lenders with the latest and best mortgage deals that you can take advantage of.
Right this way for good mortgage deals.