Mortgage rates for Las Vegas, Nevada go down to 3.00%

Mortgage rates for Las Vegas, Nevada 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 Las Vegas, Nevada is now at 4.56%.

Las Vegas Market Trends

Las Vegas is an elite tourist destination that boasts over 38.5 million visitors each year. Locals enjoy the bike trail leading from downtown Vegas all the way to the Red Rock trail. Quiet neighborhoods abound outside of the raucous strip. Fun-seekers will enjoy the great shows, food, casinos, golfing, and shopping on the strip, which is home to 17 of the United State's 20 largest hotels.

For quarter ending December 13:

Popular communities in Las Vegas include Las Vegas proper and Summerlin, with average listing prices of $239,544 and $392,171. This quarter, the average price/sqft for real estate was $112, an increase of 25.8% compared to last year. The median home sale price for September 13 to December 13 was $165,000, based on 5,026 home sales. Compare to one year ago when the median home sales price was down by 17.9%, or $25,000. The number of home sales has decreased 21.7%.

Looking for information about Las Vegas VA loans? Las Vegas hosts several military families who may be eligible for zero down payment mortgages. To learn more, visit Lender411's page for Las Vegas VA loans. 

Lenders in: Las Vegas, Nevada.