Study: Pinal replaces Maricopa as county with best mortgage market
Casa Grande Dispatch
This map, based on a study by SmartAsset, highlights where Arizona’s counties rank for home mortgages. Pinal County is considered to have the best mortgage market.
A financial technology company has ranked Pinal County as the most affordable place in Arizona to secure a home mortgage.
SmartAsset recently released a study that compared the state’s 15 counties for home mortgaging by calculating four factors: overall borrowing costs, rate of securing a mortgage, property taxes and annual mortgage payments.
Based on data from those four factors, Pinal County was ranked as having the best overall market for home mortgaging. The county was listed as having an average loan funding rate of 63 percent, five-year borrowing costs of $76,932, an annual mortgage payment of $14,789 and a property tax rate of $12,606.
