Best Mortgage Rate Tools to Buy in December 2025
Calculated Industries 3405 Real Estate Master IIIx Residential Real Estate Finance Calculator | Clearly-Labeled Function Keys | Simplest Operation | Solves Payments, Amortizations, ARMs, Combos, More
- QUICKLY PROVIDE CLIENTS WITH TAILORED FINANCIAL SOLUTIONS ANYWHERE.
- INSTANTLY ANSWER CLIENTS' FINANCIAL QUESTIONS TO CLOSE MORE SALES.
- USER-FRIENDLY KEYS LABELED IN REAL ESTATE TERMS FOR EASY CALCULATIONS.
Calculated Industries 43430 Qualifier Plus IIIfx Desktop PRO Real Estate Mortgage Finance Calculator | Clearly-Labeled Keys | Buyer Pre-Qualifying | Payments, Amortizations, ARMs, Combos, FHA/VA, More
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USER-FRIENDLY FINANCE TERMS: CLEARLY LABELED KEYS FOR EASY NAVIGATION.
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INSTANT LOAN COMPARISONS: QUICKLY FIND THE BEST FINANCING SOLUTIONS FOR CLIENTS.
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STREAMLINED CLIENT QUALIFICATION: PRE-QUALIFY BUYERS EFFORTLESSLY FOR SMARTER LISTINGS.
Calculated Industries 3415 Qualifier Plus IIIx Advanced Real Estate Mortgage Finance Calculator | Simple Operation | Buyer Pre-Qualifying | Solves Payments, Amortization, ARMs, Combos, FHA, VA, More
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EASY-TO-USE MORTGAGE TERMS BOOST CLIENT CONFIDENCE INSTANTLY.
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PRE-QUALIFY BUYERS EFFORTLESSLY, SHOWING ONLY AFFORDABLE LISTINGS.
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INSTANT LOAN COMPARISONS EMPOWER CLIENTS WITH INFORMED CHOICES.
Victor 6500 Executive Desktop Loan Calculator, 12-Digit LCD
- EXTRA LARGE DISPLAY FOR EASY READING
- LOAN WIZARD TO SIMPLIFY COMPLEX CALCULATIONS
- INPUT ANY 3 VARIABLES FOR QUICK LOAN SOLUTIONS
Calculated Industries 3430 Qualifier Plus IIIfx Advanced Real Estate Mortgage Finance Calculator | Clearly-Labeled Keys | Buyer Pre-Qualifying | Payments, Amortizations, ARMs, Combos, FHA/VA, More
- EASILY SOLVE MORTGAGE QUERIES WITH USER-FRIENDLY LABELED KEYS.
- PRE-QUALIFY BUYERS BY ENTERING INCOME, DEBT, AND EXPENSES EASILY.
- QUICKLY ANALYZE LOAN OPTIONS TO ENHANCE YOUR CLIENTS' CHOICES.
HP 12C Financial Calculator – 120+ Functions: TVM, NPV, IRR, Amortization, Bond Calculations, Programmable Keys – RPN Desktop Calculator for Finance, Accounting & Real Estate – Includes Case + Cloth
- TRUSTED BY PROFESSIONALS SINCE 1981 FOR ACCURATE CALCULATIONS
- 120+ FUNCTIONS FOR COMPREHENSIVE FINANCIAL ANALYSIS
- RPN ENTRY FOR EFFORTLESS AND FAST DATA INPUT
Calculated Industries 3400 Pocket Real Estate Master Financial Calculator
- CALCULATE LOAN PAYMENTS EFFORTLESSLY WITH INSTANT PAYMENT TOOLS.
- PROJECT FUTURE VALUES TO PLAN FINANCIAL GOALS EFFECTIVELY.
- SIMPLIFY DATE CALCULATIONS FOR PRECISE LOAN MANAGEMENT.
HP 12C Financial Calculator - Black/Gold
- TRUSTED BY PROS SINCE 1981: UNMATCHED RELIABILITY IN FINANCE.
- FAST, ACCURATE CALCULATIONS FOR HIGH-STAKES BUSINESS DECISIONS.
- ESSENTIAL TOOL FOR REAL ESTATE, BANKING, AND FINANCE SUCCESS.
6500 Executive Desktop Loan Calculator, 12-Digit Lcd
- QUALITY CRAFTSMANSHIP WITH BUDGET-FRIENDLY PRICES, MADE IN CHINA.
- ECO-FRIENDLY MATERIALS ENSURE SUSTAINABILITY AND SAFETY IN PRODUCTS.
- FAST SHIPPING AND RELIABLE SUPPORT FOR A SEAMLESS SHOPPING EXPERIENCE.
Homebuyers and those looking to refinance in Arkansas can take advantage of competitive mortgage rates. Understanding the current mortgage market and knowing how to secure the best rates is essential for optimizing your home financing. This article will provide an overview of the current mortgage rates in Arkansas, tips for securing the best rates, and information on special programs available in the state.
Current Mortgage Rates
Mortgage rates in Arkansas, as in other states, vary based on the loan type, term, and individual financial factors. Here are the average rates for some of the most common mortgage products:
Purchase Rates
30-Year Fixed Rate
- Average Rate: 6.90%
- APR: 6.94%
15-Year Fixed Rate
- Average Rate: 6.20%
- APR: 6.25%
30-Year Fixed Jumbo Rate
- Average Rate: 7.00%
- APR: 7.04%
15-Year Fixed Jumbo Rate
- Average Rate: 6.25%
- APR: 6.30%
Refinance Rates
30-Year Fixed Refinance
- Average Rate: 7.00%
- APR: 7.04%
15-Year Fixed Refinance
- Average Rate: 6.30%
- APR: 6.35%
How to Get the Best Mortgage Rates
Securing the best mortgage rate involves several strategic steps:
- Improve Your Credit Score: Aim for a credit score of 780 or higher to access the lowest interest rates.
- Lower Your Debt-to-Income Ratio (DTI): Reduce your DTI by paying off existing debts and increasing your income. A lower DTI indicates less risk to lenders.
- Increase Your Down Payment: A larger down payment can lower your loan amount and interest rate.
- Consider Loan Points: Paying for mortgage points can reduce your interest rate. Each point typically costs 1% of the loan amount and can lower the rate by about 0.25%.
- Shop Around: Obtain and compare quotes from multiple lenders. Even a slight difference in interest rates can result in significant savings over the life of the loan.
Special Programs in Arkansas
Arkansas offers several programs to assist homebuyers in securing favorable mortgage rates:
- Arkansas Development Finance Authority (ADFA) HomeToOwn Program: This program provides low-interest mortgage loans to first-time homebuyers and qualified veterans. It also offers down payment and closing cost assistance.
- ADFA Move-Up Choice Program: Designed for repeat homebuyers, this program offers competitive fixed interest rates and down payment assistance.
- Mortgage Credit Certificate (MCC): This program offers a federal tax credit to first-time homebuyers, which can reduce the amount of federal income tax owed, effectively increasing the borrower’s take-home pay and helping with mortgage affordability.
Understanding and comparing current mortgage rates is crucial for anyone looking to buy or refinance a home in Arkansas. By improving your credit score, lowering your DTI, making a larger down payment, considering loan points, and shopping around, you can secure the best possible rate. Additionally, leveraging special programs like those offered by the ADFA can provide further benefits and savings.
For more detailed information and personalized quotes, it’s advisable to consult multiple lenders and explore all available options. This proactive approach will help you make informed decisions and achieve your homeownership goals in the most cost-effective manner.