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Current Nevada Mortgage Rates Today

Get today's Nevada FHA mortgage rates and see how much you can save. Compare current rates, understand what affects your rate, and lock in the best deal for your home loan.

Updated weekly
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Nevada homeowners checking today's mortgage rates

Today's Nevada FHA Mortgage Rates

Current FHA loan rates in Nevada as of December 30, 2025. Your actual rate depends on credit score, down payment, and other factors.

Loan Type Interest Rate APR Monthly Payment*
30-Year FHA Fixed 6.375% 6.891% $2,492
15-Year FHA Fixed 5.750% 6.203% $3,315
FHA Streamline Refinance 6.250% 6.755% $2,462

*Based on: $400,000 loan amount, 3.5% down payment, 740+ credit score, Clark County NV location. Rates include FHA mortgage insurance (MIP). Your actual rate may vary based on your credit profile, down payment, loan-to-value ratio, and property location. Rates updated weekly and subject to change.

Rate Trend

This Week:

↓ 0.125%

Rates decreased slightly from last week. Good time to lock in.

Next Update

Coming:

January 6, 2026

We update Nevada FHA rates every Monday morning.

Rate Lock

Available:

30-60 Days

Secure your rate for up to 60 days during your home search.

Get Your Rate Quote

Custom rate quote based on your credit and situation • No obligation

RATE TRENDS & FORECAST

Nevada Mortgage Rate Trends & Forecast 2025

Understand where Nevada mortgage rates are headed and how to time your home purchase or refinance for maximum savings.

Recent Rate Movement

Last 30 Days: Down 0.125%
Last 90 Days: Up 0.375%
Year-over-Year: Down 0.875%

Insight: Nevada rates have shown volatility in recent months, with short-term decreases driven by Federal Reserve policy adjustments and Nevada-specific housing market conditions. Las Vegas and Henderson markets are seeing increased inventory, contributing to rate stabilization.

2025 Rate Forecast

Q1 2025 (Jan-Mar) 6.75-7.125%

Expected stability as Fed maintains rates

Q2 2025 (Apr-Jun) 6.5-6.875%

Potential Fed rate cuts could lower mortgages

H2 2025 (Jul-Dec) 6.25-6.75%

Gradual decline as inflation cools in Nevada

Expert Tip: Nevada homebuyers should consider locking rates in Q1 2025 if planning a spring purchase. If waiting until Q2-Q3, benefit from potential Fed rate cuts.

Historical Rate Context

3.11%
2021 Historic Low
Pandemic-era rates at all-time lows
6.875%
Current Nevada Average
January 2025 FHA rates
8.64%
20-Year Average
Long-term historical perspective

While today's rates are higher than 2021's pandemic lows, they remain significantly below the 8-10% rates common in the 1990s-2000s. Nevada buyers still have access to historically affordable financing compared to long-term averages.

When to Lock Your Nevada Rate

Lock Now If:

  • You found your Nevada home and are ready to make an offer within 30 days
  • Rates are trending up and you want protection from further increases
  • Current rates fit your budget and monthly payment goals for Las Vegas/Henderson
  • You're refinancing to save vs your current Nevada mortgage rate

Consider Waiting If:

  • You're 3-6 months out from purchasing in Nevada - rates may drop in Q2 2025
  • Fed rate cuts are announced - typically mortgage rates drop 0.25-0.5% within weeks
  • You haven't found a home yet - no point locking a rate without a Nevada property
  • Economic indicators suggest downward rate movement (declining inflation, Fed signals)
Nevada Rate Lock Pro Tip

Ask about float-down options when locking your Nevada FHA rate. If rates drop significantly during your lock period, many lenders (including us) will re-lock at the lower rate for a small fee ($250-500). This gives you downside protection while capturing potential savings.

NEVADA COUNTY RATES

Nevada Mortgage Rates By Location

Local Nevada rates vary by county and home price—see what homebuyers are getting in Las Vegas, Henderson, Reno, and across all Nevada markets

Clark County

Las Vegas, Henderson, North LV

MOST POPULAR
FHA 30-Year: 6.875%
Conventional 30-Year: 6.750%
VA 30-Year: 6.625%
Loan Limit: $498,257

Local advantage: Our Las Vegas office closes Clark County loans 7 days faster than national lenders—24-day average.

Washoe County

Reno, Sparks, Incline Village

HIGH COST AREA
FHA 30-Year: 6.875%
Conventional 30-Year: 6.750%
VA 30-Year: 6.625%
Loan Limit: $571,950

Higher limits: Washoe designated high-cost area—FHA limits $73K higher than Clark. Reno/Tahoe buyers can finance more.

Carson City

State Capital

FHA 30-Year: 6.875%
Conventional 30-Year: 6.750%
VA 30-Year: 6.625%
Loan Limit: $571,950

Capital market: Carson City rates match Reno area—proximity to Tahoe drives higher limits and steady demand.

Nye County

Pahrump, Tonopah

FHA 30-Year: 6.875%
Conventional 30-Year: 6.750%
VA 30-Year: 6.625%
Loan Limit: $498,257

Rural Nevada: Pahrump offers affordable alternatives to Las Vegas—same rates, 30-40% lower home prices.

Lyon County

Fernley, Dayton, Yerington

FHA 30-Year: 6.875%
Conventional 30-Year: 6.750%
VA 30-Year: 6.625%
Loan Limit: $498,257

Growing market: Fernley/Dayton seeing surge from Reno commuters—competitive rates, strong appreciation potential.

Douglas County

Minden, Gardnerville, Stateline

FHA 30-Year: 6.875%
Conventional 30-Year: 6.750%
VA 30-Year: 6.625%
Loan Limit: $571,950

Tahoe proximity: Douglas County near Lake Tahoe gets high-cost area treatment—higher limits for mountain/lake properties.

Why Nevada Mortgage Rates Vary by Location

Factors Affecting Local Rates:

  • Loan limits: High-cost areas (Washoe, Carson, Douglas) have higher conforming limits affecting pricing
  • Property values: Higher median prices in Washoe County vs Clark influence appraisal requirements
  • Market competition: Las Vegas has more lenders competing = slightly better rate negotiation power
  • Lender overlays: Some national lenders avoid rural Nevada counties—we serve all 17 counties equally

Our Nevada Coverage Advantage:

  • Local expertise: We understand each Nevada county's unique market conditions and appraisal challenges
  • Statewide network: Same competitive rates whether you're buying in Las Vegas, Reno, Elko, or Ely
  • Fast rural closings: While big lenders struggle with Pahrump or Tonopah, we close smoothly in all Nevada locations
  • No location surcharges: National lenders often charge extra for rural Nevada—we don't
Get My Nevada Rate Quote

Enter your property location, credit score, and down payment for exact Nevada rate

CALCULATOR & TOOLS

Calculate Your Nevada Mortgage

Use our interactive tools to estimate your monthly payment, affordability, and see how current Nevada rates impact your budget.

Quick Rate Comparison Tool

Las Vegas Example ($425,000 Home)

At 6.875% Rate: $2,789/mo

Including PITI + MIP

At 6.375% Rate: $2,652/mo

Including PITI + MIP

Potential Monthly Savings:

$137/mo = $49,320 over 30 years

Henderson Example ($375,000 Home)

At 6.875% Rate: $2,461/mo

Including PITI + MIP

At 6.375% Rate: $2,341/mo

Including PITI + MIP

Potential Monthly Savings:

$120/mo = $43,200 over 30 years

Why Rate Differences Matter

A 0.5% rate difference on a $400,000 Nevada mortgage saves you approximately $120-140/month and $43,000-50,000 in total interest over 30 years. That's enough to:

  • Pay off your Nevada mortgage 5+ years early
  • Fund a child's college education
  • Invest in Las Vegas rental properties
  • Build substantial retirement savings
Get My Exact Nevada Rate

Personalized quote based on your credit, income & Nevada property • No obligation • Fast 24hr approval

What Affects Your Nevada FHA Mortgage Rate?

Understanding these factors helps you get the best possible rate on your Nevada FHA loan.

Credit Score

Higher credit scores (740+) qualify for the best Nevada FHA rates. Scores 580-739 may see rates 0.25-0.75% higher. Even with lower scores, FHA remains accessible.

Impact: 0.5-1.0% rate difference

Down Payment

FHA requires minimum 3.5% down with 580+ credit. Higher down payments (10%+) reduce your loan-to-value ratio and may qualify for slightly better rates and lower mortgage insurance.

Impact: 0.125-0.25% rate difference

Loan Term

15-year FHA loans typically have rates 0.5-0.75% lower than 30-year loans. Shorter terms mean higher monthly payments but significant interest savings over the life of the loan.

Impact: 0.5-0.75% rate difference

Property Type

Single-family Nevada homes typically get the best rates. Condos, townhomes, and multi-unit properties (2-4 units) may see slightly higher rates due to increased lender risk.

Impact: 0.125-0.375% rate difference

Location in Nevada

Rates are generally consistent across Nevada, but rural areas or properties in declining markets may face slightly higher rates. Las Vegas and Reno typically see best rates.

Impact: Minimal, ~0.0-0.125%

Market Conditions

Federal Reserve policies, economic indicators, and housing market trends affect all Nevada mortgage rates. When the Fed raises rates, FHA loan rates typically follow within weeks.

Impact: Varies by economic cycle

Pro Tip: Improve Your Rate Before Applying

Even small credit score improvements (10-20 points) can lower your Nevada FHA rate by 0.25%. Pay down credit card balances and avoid new credit inquiries before applying.

Check What Rate You Qualify For

LATEST UPDATES

What's Affecting Nevada Mortgage Rates

Stay informed on the economic factors driving rate changes and how they impact Nevada homebuyers in 2025.

Federal Reserve Policy

The Federal Reserve's interest rate decisions have a direct impact on Nevada mortgage rates. Recent Fed actions include:

  • January 2025: Fed held rates steady at 5.25-5.50%, signaling potential cuts in Q2 2025
  • 2024 Summary: Fed raised rates 7 times to combat inflation, pushing mortgage rates to 7%+ peaks
  • Outlook: Market expects 2-3 rate cuts throughout 2025, which could reduce Nevada mortgage rates 0.5-0.75%

Inflation Trends

Inflation rates directly correlate with mortgage rate movements. Current inflation picture:

  • Current CPI: 3.4% annual inflation (down from 9.1% peak in 2022)
  • Housing Costs: Shelter costs remain elevated at 6.2% YoY, keeping pressure on Nevada home prices
  • Forecast: Fed targets 2% inflation by late 2025 - achievement could trigger rate cuts benefiting Nevada buyers

Nevada Housing Market

Local Nevada market dynamics influence regional lending rates:

  • Median Home Price: Las Vegas $450K, Henderson $485K, Reno $525K (January 2025)
  • Inventory Levels: 2.8 months supply (balanced market), up from 1.1 months in 2022
  • Buyer Advantage: Increased inventory giving Nevada buyers more negotiating power on price and seller concessions

Bond Market Movements

Mortgage rates closely follow 10-year Treasury yields and bond market activity:

  • 10-Year Treasury: Currently 4.25%, down from 4.8% peak - mortgage rates typically track 1.5-2% above
  • MBS Pricing: Mortgage-backed securities trading at healthy levels, supporting competitive Nevada lending rates
  • Rate Spread: Current 2.625% spread between mortgages and Treasuries is near historical norms

Stay Updated on Nevada Rate Changes

Nevada mortgage rates can change daily based on economic news, Fed announcements, and local market conditions. We monitor these factors continuously to ensure you get the best available rate when you're ready to buy or refinance in Las Vegas, Henderson, or Reno.

Frequently Asked Questions About Nevada FHA Rates

Get answers to common questions about FHA mortgage rates in Nevada.

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