As we here at Peak Personal Finance continue our look at local rates for the best home mortgage rates around the country, we turn today to Nevada. Real estate markets in Nevada are often very different from the national market due to the unusual local economies that exist in that state.

For our look here, we are assuming a credit score of at least 700 (FICO), a down payment of up to 20% in either equity or cash (or both), and cash on hand for fees and expenses. Your situation may likely vary from those presented here, but these should give you a baseline as you consult with your mortgage broker and financial adviser.

30-Year Fixed Best Mortgage Rates in Nevada
Quicken Loans offers a 5.125% interest (5.371% APR) with 1.75 points and $1,600 in fixed fees with a 45-day lock in. Reducing those points to 0 requires a 5.5% interest (5.588% APR).

Bank of America has a 5.125% interest as well (5.371% APR) with 1.875 in points and a $1,400 fixed fee and 30-day lock in. Reducing to zero points requires a 5.5% interest (5.577% APR).

15-Year Fixed Rate Best Home Mortgage Rates in Nevada
For this, Bank of America offers a 4.25% interest (4.586% APR) loan with a 1.375 point and $1,400 fee listing on a 30-day lock in period. Reducing the points to zero requires a 4.625% interest and 4.753% APR.

Quicken Loans, similarly, offers best home mortgage rates of 4.25% interest (4.701% APR) with 2 points and $1,600 fixed fee. Reducing those points to zero requires a 4.625% interest (4.905% APR) and fees based on loan amount (about 2%).