Compare today's rates for Mortgage Refinance in NV
Mortgage rates for Nevada on Lender411 for 30-year fixed-rate mortgages are at 4.75%. That increased from 3.88% to 4.75%. The 15-year fixed rates are now at 4.00%. The 5/1 ARM mortgage for Nevada is now at 0.00%.
If you are looking for up to the minute Nevada 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 Nevada. Talk to multiple mortgage lenders in NV 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 Nevada 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.
Nevada is a lively state in the western United States, home to the world famous city of Las Vegas. Nevada's nickname is 'The Silver State'. This state contains many mountain ranges as well as many miles of desert, but it is most famous for its role in the gaming industry.
Las Vegasis the most populous city in Nevada. Home to over five hundred thousand residents, it is a lively city to be part of. Las Vegas is marketed as the Entertainment Capital of the World, and it is the gaming capital of the U.S. The tourism from the casinos alone is the stronghold of the Las Vegas economy. In addition to Las Vegas, other major cities include Paradise, Reno, Henderson, and Sunrise Manor.
In recent times, Las Vegas has been looking to attract other types of businesses to contribute to the economy including businesses in the commercial and banking industries. If you’re interested in owning a home in Nevada, contact one of our lenders to discuss your financing options.
To learn more about homeownership in Nevada or research NV home buying programs, visit the Nevada HUD portal.
Follow any of the links below to continue researching your mortgage options.