See the latest Nebraska mortgage rates for fixed rates: 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally and main lending options available across the state.
Buying a home in Nebraska could be easier with today’s mortgage rates.
Nebraska Mortgage Rates –
The table below shows today’s home purchase mortgage rates for Nebraska, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.31% | 6.36% | 6.41% | |
| Nebraska | 6.44% | 6.49% | 6.54% | |
| Credit Unions | 6.04% | 6.09% | 6.24% | 8.8/10 |
| Online lenders | 6.14% | 6.19% | 6.34% | 7.7/10 |
| Banks | 6.44% | 6.49% | 6.54% | 8.0/10 |
| 30 year fixed | 6.44% | 6.49% | 6.54% | |
| 30 year fixed FHA | 6.87% | 6.92% | 6.97% | |
| 30 year fixed VA | 6.22% | 6.27% | 6.32% | |
| 30 year fixed Jumbo | 6.67% | 7.05% | 7.24% | |
| 20 year fixed | 6.00% | 6.05% | 6.10% | |
| 15 year fixed | 6.25% | 6.30% | 6.35% | |
| 10 year fixed | 6.27% | 6.32% | 6.37% | |
| 3 year ARM | 7.62% | 7.67% | 7.72% | |
| 5 year ARM | 6.57% | 6.62% | 6.67% | |
| 7 year ARM | 6.67% | 6.72% | 6.77% | |
| 10 year ARM | 6.46% | 6.51% | 6.56% | |
| Satisfaction | 9.4/10 | 8.4/10 | 7.3/10 |
Source: MFP’s Community Home Purchase Rates Survey from Nebraska members in the last 30 days.
How Nebraska Compares to National Averages
- Nebraska mortgage rates (6.44% for best credit scores) are slightly above national averages (national average: 6.31%).
- Credit unions are more competitive: In Nebraska, credit unions offer 6.04%, banks 6.44%, online lenders 6.14%.
Mortgage Options in Nebraska
- 30 year fixed: 6.44% - most popular long-term option for predictable payments
- 20 year fixed: 6.00% - balance between payment size and interest savings
- 15 year fixed: 6.25% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 6.27% - shortest fixed-term option with competitive rates
- 10 year variable: 7.62% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.57% - A mid-term variable option...
- 5 year variable: 6.67% - Shorter-term variable mortgage...
- 3 year variable: 6.46% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Main Cities Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Omaha | 6.50% | 5.85% |
| Lincoln | 6.53% | 5.88% |
| Bellevue | 6.51% | 5.86% |
| Grand Island | 6.54% | 5.89% |
| Kearney | 6.52% | 5.87% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Compare Lenders Rated by Nebraska Homeowners
Nebraska homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Nebraska
FAQs – Nebraska Mortgage Rates
Are home purchase rates higher in Nebraska than the U.S. average?
Yes, Nebraska mortgage rates are currently slightly above the national average.
What credit score is best for buying a home in Nebraska?
A credit score of 720 or higher typically secures the most favorable mortgage rates in Nebraska.
Is it better to choose a fixed-rate or ARM in Nebraska?
Fixed-rate mortgages are generally recommended for long-term stability in Nebraska’s housing market.
More Nebraska Home Information:
Nebraska Best Mortgage Lenders
Nebraska Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Nebraska Homeowners.