Mortgage rates for Lexington, Kentucky go down to 3.00%

Mortgage rates for Lexington, Kentucky on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Lexington, Kentucky is now at 4.56%.

Lexington Market Trends

Lexington is often called the horse capital of the world. There are many private horse farms in this city. Lexington was founded 17 years before Kentucky became a State. There are a lot of colleges in Lexington which make Lexington real esate very attractive to families.

The average price/sqft was $91, an increase of 0% compared to last year. The median sales price for homes for Octtober 13 to January 14 was $143,000 based on 815 home sales. Compared to one year ago, the median home sales price decreased 5.9%, or $9,000, and the number of home sales decreased 2.4%. 

Popular communities in Lexington include Liberty Area and Kenwick, with average home listing prices of $215,814 and $217,723.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Lexington mortgage lender who can find you the right loan.

Lenders in: Lexington, Kentucky.