Arkansas Mortgage Refinance
Arkansas residents can find the best mortgage refinance rate by comparing loan rates by type, determining how much house the borrower can afford, understanding the amortization process and identifying the right Arkansas broker. With a population of 187,978, borrowers have a wide variety of lender choices. Currently a 15 year fixed refinance rate is slightly lower than the national average at 4.74%APR to 5.46%APR. The 30 year fixed product range is from 4.20% APR to 4.81% APR. The average home value in Arkansas is $106,200 with values in Little Rock (72202) hovering around $120,900. Other range values include Fayetteville (72704) at $182,256 to $213,953 and England (72046) at $97,634 to $114,613. The median sale price in Arkansas is $137,000, however in Little Rock, the average home sells for $141,200. In Rogers (72756), one home recently sold for $1,623,000 and a Jonesboro (72401) home sold for $56,000.