Mortgage rates in Nebraska
30-yr fixed 7.18% · Freddie Mac PMMS, week of Nov 5, 2026 · APR benchmark 7.19% (APOR for locks from Nov 9, 2026) · Last reviewed Oct 18, 2026 by the Editorial Team
Nebraska’s property-tax rate is among the highest in the Midwest.
Mortgage rates today by loan type
These are national averages. Lenders in Nebraska price off the same national market, so treat them as a benchmark: your quote depends on your credit, down payment, loan size and points. The APR benchmark folds in typical points and fees, so it shows what a prime borrower's APR looks like this week.
| Loan type | Avg rate | APR benchmarkAPOR | Source · as of | What it measures |
|---|---|---|---|---|
| 30-year fixed | 7.18% | 7.19% | Freddie Mac PMMSNov 5, 2026 | Conventional purchase loans, 20% down, strong credit; weekly survey |
| 20-year fixed | 6.66% | 6.93% | Zillow (via NerdWallet)Nov 6, 2026 | Lender-quoted average; checked by hand every two weeks |
| 15-year fixed | 6.57% | 6.67% | Freddie Mac PMMSNov 5, 2026 | Conventional purchase loans, 20% down, strong credit; weekly survey |
| 10-year fixed | 6.31% | 6.82% | Zillow (via NerdWallet)Nov 6, 2026 | Lender-quoted average; checked by hand every two weeks |
| 5-year ARM | 6.73% | 6.67% | Zillow (via NerdWallet)Nov 6, 2026 | Fixed for 5 years, then adjusts; APOR = prime ARM benchmark |
| 7-year ARM | — | 6.50% | APOR, locks from Nov 9, 2026 | No free rate series; APOR benchmark only |
| 10-year ARM | — | 6.63% | APOR, locks from Nov 9, 2026 | No free rate series; APOR benchmark only |
| FHA 30-year | 6.89% | — | Optimal Blue OBMMINov 5, 2026 | Locked FHA loans, all credit profiles; daily |
| VA 30-year | 6.71% | — | Optimal Blue OBMMINov 5, 2026 | Locked VA loans; daily |
| USDA 30-year | 6.86% | — | Optimal Blue OBMMINov 5, 2026 | Locked USDA loans; daily |
| Jumbo 30-year | 7.25% | — | Optimal Blue OBMMINov 5, 2026 | Locked loans above the conforming limit; daily |
APR benchmark = FFIEC/CFPB Average Prime Offer Rate for rate locks in the week starting Nov 9, 2026 (published in advance): a prime borrower's APR including typical points and fees. It is not a quote; your APR depends on credit, down payment and the points you pay. APOR is not published for FHA, VA, USDA or jumbo loans.
Calculate your Nebraska mortgage payment
The calculator starts from Nebraska's median list price, 20% down, the state's 1.53% effective property tax, its median insurance premium and its average closing costs. Switch to FHA or VA, change the down payment, or pick your county to set its conforming limit. For the month-by-month split of principal and interest, open the full payoff schedule. To see how Nebraska's property tax and insurance compare with every other state, try the full PITI calculator.
Nebraska vs. the U.S.
Nebraska's median list price is 20% below the U.S. median, so at the same 7.18% rate the principal and interest on a 20%-down loan runs $461 a month less. Five-year price growth here was the 20th-slowest of 51 jurisdictions.
| Measure | Nebraska | U.S. |
|---|---|---|
| Median list priceRealtor.com, Oct 2026 | $330,000 | $415,000 |
| Principal + interest, 20% down30-yr avg 7.18% | $1,788 | $2,249 |
| Average home-purchase loanHMDA 2025 | $309,885 | $404,828 |
| Average closing costsincl. transfer taxes | $2,344 | $4,661 |
| Median conventional rate paid2025 purchase loans | 6.50% | 6.50% |
| Mortgage approval rateHMDA 2025 | 84.3% | 76.6% |
| Home values, 1 yearFHFA index, Q2 2026 | +3.2% | +3.0% |
| Home values, 5 yearsFHFA index, Q2 2026 | +41.1% | +41.3% |
What Nebraska borrowers actually paid in 2025
This is the state-specific part. Federal HMDA records show the rate and costs on every Nebraska home-purchase loan closed in 2025. We compare like with like: 30-year fixed, first-lien, one-unit primary homes. On conventional loans, Nebraska borrowers paid 0.03 percentage points below the market benchmark at lock, the 13th-lowest of all 50 states and the District of Columbia.
| 2025 purchase loans | Median rateNE · U.S. | Over benchmarkNE · U.S. | Closing costsNE · U.S. | Paid pointsshare of loans | Median downequity on refis · NE |
|---|---|---|---|---|---|
| Conventional 30-yr fixed (conforming, 20%+ down)4,614 loans | 6.50%6.50% | −0.03+0.02 | $3,006$5,476 | 32.7%53.2% | 24.1% |
| FHA 30-yr fixed2,820 loans | 6.25%6.25% | +0.40+0.42 | $7,787$11,291 | 33.3%59.3% | 3.5% |
| VA 30-yr fixed2,096 loans | 6.25%6.13% | −0.32−0.36 | $4,838$6,554 | 44.8%59.3% | 0% |
| Conventional rate-and-term refinance922 loans | 6.25%6.38% | −0.10−0.06 | $2,746$4,390 | 40.0%45.4% | 31% |
Source: 2025 HMDA loan-level records (FFIEC/CFPB), medians. "Over benchmark" = rate spread, the APR minus APOR on the lock date, which removes the effect of when each loan locked. Closing costs = total loan costs on the Closing Disclosure. HMDA has no credit scores, so these are what borrowers paid, not what you will be offered. See the lenders active in Nebraska and what their borrowers paid.
Nebraska's biggest conventional lenders: what their borrowers paid
The 8 largest conventional lenders in Nebraska by 2025 purchase loans, out of 372 that made one. Each row is the median for that lender's comparable loans here: 30-year fixed, conforming, 20% or more down. A lower figure over the benchmark means cheaper pricing for the same week.
| Lender | 2025 loansshare in NE | Median rate | Over benchmark | Originationmedian | Paid pointsshare · median | Median down |
|---|---|---|---|---|---|---|
| Pinnacle Bank | 1,2787.6% | 6.38% | −0.18 | $1,245 | 5%$400 | 29.2% |
| West Gate Bank | 1,1676.9% | 6.50% | −0.13 | $1,050 | 9%$962 | 24.5% |
| Charter West Bank | 8445% | 6.63% | +0.11 | $1,195 | 22%$682 | 22% |
| Union Bank and Trust Company | 6714% | 6.50% | −0.07 | $1,139 | 3%$2,825 | 21.8% |
| Lincoln Fsb of Nebraska | 6213.7% | 6.50% | −0.18 | $875 | 37%$351 | 25.3% |
| First National Bank of Omaha | 5623.3% | 6.63% | +0.06 | $1,305 | 56%$448 | 22.8% |
| Veridian Credit Union | 4742.8% | 6.25% | −0.31 | $500 | 15%$686 | 20.4% |
| United Wholesale Mortgage | 4572.7% | 6.63% | +0.10 | $2,179 | 34%$918 | 24.3% |
Source: 2025 HMDA loan-level records (FFIEC/CFPB), lenders with at least 30 comparable loans in Nebraska. Minimum credit scores are not shown here: conventional loans usually start at 620 (a lender floor; Fannie Mae's automated underwriting sets none), FHA 580 (500 with 10% down), VA none set by VA (lenders often 620). HMDA has no credit scores, so a lender's medians reflect its own mix of borrowers. FHA and VA lenders: Nebraska lender rankings.
How rates have moved
Weekly national averages over the past 30 days to 5 years. The 30- and 15-year lines are Freddie Mac average rates; the ARM lines are the APOR APR benchmark, because no free weekly ARM rate series exists.
- Now
- 7.18%
- Nov 5, 2026
- 1 week ago
- 7.24%
- −0.06 pts
- 1 month ago
- 7.40%
- −0.22 pts
- 1 year ago
- 6.22%
- +0.96 pts
30-year fixed: Freddie Mac PMMS (rate), weekly. National series.
What a mortgage costs in Nebraska
On a home at Nebraska's median list price of $330,000 with 20% down, the mortgage totals $264,000, or about $1,788 a month in principal and interest at the 7.18% 30-year average.
What makes Nebraska different is the cost around the loan. Its 1.53% effective property-tax rate adds roughly $421 a month, and homeowners insurance — at the state's median 0.80% of home value — about $220 more, bringing the all-in estimate to $2,429. That figure is principal and interest at the 30-year average, property tax and insurance; at 20% down a conventional loan has no PMI, and HOA dues or local special assessments are not included. Your own price and down payment will move the number — work backward from your income with the home-price affordability tool.
Payment at the $330,000 median list price by down payment and loan type
| Loan | Rate | Monthlyall-in | Mortgage ins. | Cash to close | Income needed28% rule · yearly |
|---|---|---|---|---|---|
| Conventional, 20% downNo PMI | 7.18%Freddie Mac 30-yr avg | $2,429P&I $1,788 | — | $68,344 | $104,000 |
| Conventional, 10% downPMI est. 0.7%/yr | 7.18%Freddie Mac 30-yr avg | $2,826P&I $2,012 | $173 | $35,344 | $121,000 |
| Conventional, 5% downPMI est. 0.7%/yr | 7.18%Freddie Mac 30-yr avg | $2,947P&I $2,124 | $183 | $18,844 | $126,000 |
| Conventional, 3% downPMI est. 0.7%/yr | 7.18%Freddie Mac 30-yr avg | $2,996P&I $2,168 | $187 | $12,244 | $128,000 |
| FHA, 3.5% down1.75% upfront MIP financed + annual MIP | 6.89%OBMMI FHA avg | $2,919P&I $2,132 | $146 | $13,894 | $125,000 |
| VA, 0% down2.15% funding fee financed; no monthly MI | 6.71%OBMMI VA avg | $2,818P&I $2,177 | — | $2,344 | $121,000 |
Monthly = principal and interest + property tax (1.53% effective) + homeowners insurance (about $220/mo — Nebraska's median premium, 0.80% of home value) + mortgage insurance. HOA dues and local special assessments are not included. Cash to close = down payment + Nebraska's average closing costs ($2,344). PMI is an illustrative 0.7% a year; FHA and VA figures use HUD's MIP schedule and VA's first-use funding fee. Income needed = the gross yearly income at which the monthly figure is 28% of pay, the classic housing-cost guideline. Lenders also limit your total monthly debts as a share of income, so car, student-loan and card payments raise the income you need.
Prices, loan limits and payments in Nebraska's biggest counties
Home prices, and so the loan you need, vary more inside Nebraska than rates do. The table covers the largest county markets. Pick a row to load it into the calculator above.
| County | Median list priceSep 2026 · yr/yr | Avg purchase loanHMDA 2025 | Conforming limitmax price at 20% down | At 20% down | Est. paymentP&I + tax + ins. | Calculator |
|---|---|---|---|---|---|---|
| Douglas County1,527 homes for sale · Sep 2026 | $350,000-8.5% | $325,4837,991 loans | $832,750$1,040,937 | Conforming$280,000 loan | $2,576at 7.18% | |
| Lancaster County1,092 homes for sale · Sep 2026 | $389,950-2.5% | $306,5894,626 loans | $832,750$1,040,937 | Conforming$311,960 loan | $2,870at 7.18% | |
| Sarpy County628 homes for sale · Sep 2026 | $459,228+8.7% | $483,0833,349 loans | $832,750$1,040,937 | Conforming$367,382 loan | $3,380at 7.18% | |
| Hall County162 homes for sale · Sep 2026 | $324,875+6.5% | $227,515660 loans | $832,750$1,040,937 | Conforming$259,900 loan | $2,391at 7.18% | |
| Platte County159 homes for sale · Sep 2026 | $323,750-0.4% | $347,965398 loans | $832,750$1,040,937 | Conforming$259,000 loan | $2,383at 7.18% | |
| Lincoln County129 homes for sale · Sep 2026 | $289,900-1.3% | $217,168392 loans | $832,750$1,040,937 | Conforming$231,920 loan | $2,134at 7.18% | |
| Madison County115 homes for sale · Sep 2026 | $315,000-0.8% | $229,444333 loans | $832,750$1,040,937 | Conforming$252,000 loan | $2,319at 7.18% | |
| Dawson County113 homes for sale · Sep 2026 | $261,375-8.3% | $183,171246 loans | $832,750$1,040,937 | Conforming$209,100 loan | $1,924at 7.18% | |
| Dodge County112 homes for sale · Sep 2026 | $265,000-1.7% | $243,521507 loans | $832,750$1,040,937 | Conforming$212,000 loan | $1,951at 7.18% | |
| Cass County104 homes for sale · Sep 2026 | $417,600+5.9% | $267,135384 loans | $832,750$1,040,937 | Conforming$334,080 loan | $3,074at 7.18% | |
| Adams County95 homes for sale · Sep 2026 | $258,750-1.9% | $189,583312 loans | $832,750$1,040,937 | Conforming$207,000 loan | $1,905at 7.18% | |
| Buffalo County91 homes for sale · Sep 2026 | $349,900+7% | $245,634473 loans | $832,750$1,040,937 | Conforming$279,920 loan | $2,576at 7.18% |
Sources: Realtor.com county research data (median listing price, Sep 2026); FHFA 2026 one-unit conforming limits; 2025 HMDA home-purchase originations (average loan, all loan types). Payments use the 30-year average (7.18%, or the jumbo average 7.25% above the limit), Nebraska's 1.53% effective property tax and its median insurance premium (0.80% of value), both from Census ACS 2024 data; county tax rates differ. Max price at 20% down = the county limit ÷ 0.8, the highest price at which a 20%-down loan stays conforming. Homes for sale = active Realtor.com listings in the month, excluding pending sales.
What's different about buying a home in Nebraska
Rates are national, but the rules around the loan are not. These Nebraska specifics can change your payment, your closing or your protections as a borrower.
School district tax credits appear on tax statements
Under Nebraska's School District Property Tax Relief Act, credits appear directly on property tax statements and reduce the school district taxes owed on each parcel, starting with tax year 2024. When estimating a home's taxes, use the net amount after the credit rather than the amount before it.
Source: nebraskalegislature.govWind and hail may carry a separate deductible
Nebraska's Department of Insurance notes that some insurers charge a higher deductible for wind and hail damage than for other perils. Some also consider past wind and hail occurrences, even unpaid ones, when deciding on renewal, so compare each policy's wind and hail deductible, not just its premium.
Source: doi.nebraska.govThree-month deficiency window after a trustee's sale
After a trustee's sale under a Nebraska trust deed, a lender has three months to sue for any remaining balance, and the court must first find the home's fair market value. The judgment cannot exceed the debt, interest and sale costs minus that value, which limits what a borrower can owe.
Source: nebraskalegislature.govSeller must provide a written condition disclosure
Nebraska generally requires the seller of a home with one to four dwelling units to deliver a signed condition disclosure on or before the effective date of a binding purchase contract. Sellers may mark items unknown, and the statement is not a substitute for an inspection.
Source: nebraskalegislature.govBoth spouses must sign homestead deeds and liens
Nebraska law says a married person's homestead cannot be conveyed or encumbered unless both spouses execute and acknowledge the instrument, with limited exceptions. After you buy, a later sale or a new lien on the home, such as a home equity loan, generally needs both spouses to sign.
Source: nebraskalegislature.govChecked against official sources on October 20, 2026. Laws and programs change; confirm details with the agency named or a local real estate attorney.
How Nebraska buyers finance their homes
Nebraska's loan mix tracks the country's closely: 79.7% conventional, 10.8% FHA and 8.9% VA in 2025, against 78.0%, 13.2% and 8.2% nationally. Its FHA share ranks 19th-lowest among the states.
| Loan type | Share in NE | U.S. share | Approval in NE | Avg loan in NE |
|---|---|---|---|---|
| Conventional | 79.7% | 78.0% | 84.7% | $258,040 |
| FHA | 10.8% | 13.2% | 79.0% | $242,176 |
| VA | 8.9% | 8.2% | 86.8% | $332,104 |
| USDA | 0.6% | 0.6% | 91.9% | $146,761 |
The average Nebraska home loan in 2025 was $262,177 — 26% below the U.S. average of $352,861, the 15th-smallest of 51 jurisdictions. Home purchases accounted for 66.4% of those loans (U.S. 64.2%); cash-out refinances for 13.7% (U.S. 17.1%), a sign that fewer owners here borrowed against their equity.
Source: 2025 HMDA originations, FFIEC/CFPB. Approval = originated ÷ (originated + denied).
Nebraska loan limits for 2026
All 93 of Nebraska's counties use the 2026 baseline conforming limit of $832,750 for a one-unit home. Any loan above that is a jumbo loan here, which usually means a larger down payment and cash reserves. See the full national grid in our full FHFA limit schedule.
County limits: FHFA 2026 conforming loan limit list (one-unit properties; two- to four-unit limits are higher).
Cash you'll need to close in Nebraska
Average closing costs in Nebraska are about $2,344 including transfer taxes (among the lowest in the country). On a home at the median list price of $330,000:
| 20% down | 3% down | |
|---|---|---|
| Down payment | $66,000 | $9,900 |
| Average closing costs | $2,344 | $2,344 |
| Cash to close (estimate) | $68,344 | $12,244 |
Prepaid taxes and insurance are extra. Closing-cost averages by state (source: Bankrate).
Transfer taxes and recording rules in Nebraska
Nebraska's documentary stamp tax rose to $3.32 per $1,000 of value on July 18, 2026 (from $2.32), and is scheduled to revert to $2.32 on January 1, 2032 under LB 1067. Source: revenue.nebraska.gov
Getting approved in Nebraska
Federal HMDA lending records show Nebraska lenders originated 43,920 home loans in 2025 and denied 8,182 applications — an approval rate near 84.3% among decisioned applications, against 76.6% nationwide. See how all 50 states compare in our nationwide approval report, and how Nebraska ranks for complaint rankings (1,243 on record).
Shopping for a loan? See the most active mortgage lenders in Nebraska, ranked by federal HMDA volume.
Down-payment help in Nebraska
You rarely need 20% down. These are the main programs from NIFA, Nebraska's housing finance agency; they are offered through participating lenders, usually alongside the agency's own first mortgage.
Homebuyer Assistance (HBA)
NIFA pairs a first mortgage with a second mortgage of up to 5% of the price for the down payment and closing costs, repaid over 10 years at 1%. For buyers who haven't owned a home in three years, with homebuyer education required; the first mortgage carries a slightly higher rate than NIFA's no-assistance option.
Source: nifa.orgWelcome Home Assistance (WHA)
A companion NIFA down-payment second mortgage with a household income limit of $182,800 and a $485,500 one-unit price limit as of July 2026.
Source: nifa.orgChecked against official sources on October 9, 2026. Assistance amounts, income limits and funding change during the year — confirm current terms with NIFA or a participating lender.
No state mortgage credit certificate in Nebraska
NIFA's homebuyer programs include no MCC. Mortgage credit certificates by state.
Check current terms at NIFA, see how a smaller down payment changes your number with the how-much-down calculator, or compare the full state-by-state directory.
How these numbers are measured
- Freddie Mac PMMS (30- and 15-year): a weekly average of rates offered to borrowers with 20% down and strong credit, published Thursdays; latest week Nov 5, 2026. Points are not reported.
- Optimal Blue OBMMI (FHA, VA, USDA, jumbo): daily averages of rates actually locked, across credit profiles. Points vary by loan.
- APOR (APR benchmark): FFIEC/CFPB's weekly Average Prime Offer Rate, an APR that includes typical points and fees for a prime borrower. Regulators use it to flag higher-priced loans.
- HMDA 2025 (Nebraska vs U.S.): rates, costs, points and down payments on loans that actually closed, reported by lenders to federal regulators. Updated once a year.
- Census ACS 2024 (property tax and insurance): what homeowners with a mortgage in Nebraska reported paying — the median real-estate tax divided by the median home value, and the median insurance premium as a share of value. Updated once a year.
- Interest rate vs APR: the rate sets your payment; the APR adds points and lender fees spread over the loan. Compare APRs on Loan Estimates for the same day and loan type.
Rates and APOR refresh every week; HMDA, loan limits and closing-cost averages refresh when their publishers release new data. Reviewed by our editorial reviewers. Full sources and formulas: source and method details.
Nebraska mortgage FAQ
What is a good mortgage rate in Nebraska right now?
A 30-year fixed close to the national average of 7.18% (Freddie Mac, week of Nov 5, 2026) is a fair benchmark for a borrower with strong credit and 20% down. In 2025, Nebraska's conventional buyers paid a median 6.50%.
Quotes well above that usually reflect lower credit, a small down payment or lender credits taken in exchange for a higher rate.
Are mortgage rates higher in Nebraska than in other states?
No, if anything slightly lower, once timing and fees are counted. In 2025 HMDA records, Nebraska's median conventional 30-year rate was 6.50%, against 6.50% nationally.
Against the benchmark for each loan's lock week, which counts points and fees, Nebraska loans priced 0.03 percentage points below it (the 13th-lowest of all 50 states and the District of Columbia), against 0.02 above nationally.
Rates are set mainly in one national market, so your credit, down payment and loan size matter more.
What are current jumbo mortgage rates in Nebraska?
The national jumbo 30-year average is 7.25% (Optimal Blue). A loan is jumbo above the $832,750 conforming limit, which applies in every Nebraska county. Jumbo lenders typically want 10–20% down, a 700+ credit score and 6–12 months of reserves.
Should I choose a 15-year or 30-year mortgage?
On a $264,000 loan (20% down on Nebraska's median list price), a 30-year at 7.18% costs $1,788 a month and a 15-year at 6.57% costs $2,310.
The 15-year saves about $228,053 in interest but needs $521 more a month, so it fits only if that payment is comfortable.
How much does a 1% difference in mortgage rates change my monthly payment?
On a $264,000 loan (20% down on Nebraska's median list price), moving from 7.18% to 8.18% raises the principal-and-interest payment from $1,788 to $1,970, or $182 a month.
Over 30 years that is about $65,498 more in interest, which is why comparing several lenders on the same day matters.
Are mortgage rates different for purchase and refinance loans?
Yes, slightly. In 2025, Nebraska's conventional rate-and-term refinances closed at a median 6.25% and purchases at 6.50%, partly because refinances bunch up when rates dip. Refinances priced 0.10 percentage points below the market benchmark; cash-out refinances usually cost more. Your own pricing depends on credit, loan-to-value and points.
How much is a $400,000 mortgage at 7.18% interest?
About $2,710 a month in principal and interest over 30 years. In Nebraska, a $500,000 home with that loan adds roughly $638 a month in property tax at the 1.53% effective rate, plus homeowners insurance. Over 30 years the loan costs about $575,506 in interest.
How much income do I need to buy a home in Nebraska?
About $104,000 a year for a home at the $330,000 median list price with 20% down, if the full $2,429 monthly payment, including tax and insurance, stays within 28% of gross income.
Smaller down payments add mortgage insurance and raise that figure; existing debts lower what lenders approve.
What down payment assistance is available in Nebraska?
NIFA, the state housing finance agency, runs Homebuyer Assistance (HBA) and Welcome Home Assistance (WHA), offered through participating lenders. Help usually comes as a grant or a deferred or forgivable second loan paired with the agency's first mortgage.
Amounts, income limits and funding change during the year, so confirm current terms with NIFA or a participating lender before you apply.
- Freddie Mac — Primary Mortgage Market Survey
- FFIEC / CFPB — Average Prime Offer Rates (APOR)
- FFIEC / CFPB — HMDA data browser (2025 loan-level records)
- Optimal Blue OBMMI via FRED (FHA, VA, USDA, jumbo)
- FHFA — 2026 conforming loan limits by county
- U.S. Census Bureau — 2024 American Community Survey microdata (property tax and homeowners insurance)
- HUD — Handbook 4000.1 (FHA mortgage insurance)
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment estimates assume the down payment noted plus estimated taxes and insurance. Confirm current pricing with a licensed lender.