Arkansas Mortgage Rates
Arkansas' real estate sector is experiencing constant growth. In Arkansas City, approximately 52% of owner-occupied residences carry some form of mortgage. About 11% of the city's housing units have either a home equity loan or a second mortgage. Consumers seeking a mortgage broker and/or a mortgage lender in Arkansas can consult our online lender directory or simply fill out our online form. Disabled persons, residents of a lower income bracket, residents 62 years of age or older, as well as disabled veterans who are non-service connected qualify for the Arkansas Homestead Property Tax Refund. A portion or all of their property taxes up to $300 are paid. Arkansas law authorizes the foreclosure, by way of a power of sale clause in a mortgage, of a residential real property mortgage held by a loan, savings, or Mortgage Company or bank.