Mortgage Rates in Blair, Nebraska — March 2026
Updated March 2026 | Based on Blair market data and regional lending conditions
Blair is a growing city in Nebraska with a population of 7,990. The current 30-year fixed mortgage rate in Blair is 6.8%, which is 0.15% above the national average. With a median home price of $202,000 and a 20% down payment of $40,400, homebuyers can expect a monthly principal and interest payment of approximately $1,054.
Current Mortgage Rates in Blair, NE
Below are the current average mortgage rates available in the Blair area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.05% | 6.85% | +0.2% |
Blair Housing Market Overview
The Blair housing market offers relatively affordable housing compared to many major cities. The median household income in Blair is $59,400, and the cost of living index is 81.1 (national average = 100). Based on the 28% affordability rule, the median income in Blair is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Blair
Based on the median home price of $202,000 with 20% down ($40,400), here is what you can expect to pay monthly in Blair:
15-Year vs. 30-Year Mortgage in Blair
Choosing a 15-year mortgage in Blair at 6.03% instead of a 30-year at 6.8% would save you $133,560 in total interest over the life of the loan. However, your monthly payment would be $1,366 instead of $1,054 — an increase of $312 per month.
Calculate Your Blair Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Blair
What are the current mortgage rates in Blair, NE?
As of March 2026, the average 30-year fixed mortgage rate in Blair, Nebraska is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in Blair?
Based on the median home price of $202,000 with 20% down, the estimated monthly mortgage payment in Blair is $1,054 for principal and interest. Including property taxes of $259/month, the total monthly housing cost is approximately $1,313.
What income do I need to buy a home in Blair?
Using the 28% rule, you would need an annual income of approximately $56,271 to afford the median-priced home in Blair at $202,000. The median household income in Blair is $59,400. The median income is currently sufficient to meet this threshold.
Is Blair a good place to buy a home in 2026?
Blair offers a below-average cost of living with a cost of living index of 81.1 (national average = 100). The property tax rate in Nebraska is 1.54%, which is above the national average. Blair has a population of 7,990 and offers a very affordable lifestyle.
Mortgage Rates in Other Nebraska Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Blair, Nebraska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.