Compare today's rates for Mortgage Refinance in NE
Mortgage rates for Nebraska on Lender411 for 30-year fixed-rate mortgages are at 3.88%. That dropped from 4.00% to 3.88%. The 15-year fixed rates are now at 3.08%. The 5/1 ARM mortgage for Nebraska is now at 2.71%.
If you are looking for up to the minute Nebraska mortgage rates, you’ve come to the right place. Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in Nebraska. Talk to multiple mortgage lenders in NE to compare rate quotes and understand your options.
Why is it critical to find the lowest rate when refinancing? Simply put, this is the entire goal of a refinance. The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan.
The loan types available in Nebraska are much like those available elsewhere. One of the most widely available mortgage loan types is the 30 year fixed rate mortgage. As the name implies, this loan comes with a fixed interest rate. This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.
The adjustable rate mortgage (ARM) is another common loan type. You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type. Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender. Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.
Nebraska is a lovely state in the Great Plains region of the United States. The entire state tends to experience wide variations in temperature throughout the year, and it’s a great place to live if you enjoy seasons. Thunderstorms are very common, however, and tornados are a likely hazard, as Nebraska is located in what is known as Tornado Alley.
Nebraska's focus on agriculture keeps its economy strong even during recessions. Along with agriculture, the freight transport, manufacturing, and insurance industries have all added to the economy.
Nebraska’s major cities include Omaha, Lincoln, and Bellevue. Whether you are looking for a bigger city or a small town, Nebraska has something to offer everyone who wants to become a homeowner.
To learn more about homeownership in Nebraska or research NE home buying programs, visit the Nebraska HUD portal.
Click on any of the links below to keep reading more about mortgages in Nebraska.