United States · 2024 originations

Mortgage rates by state

What borrowers actually paid, state by state — measured from 2,560,141 conventional home-purchase loans in the federal record, not from anything a lender chose to advertise.

0.625percentage points between Alaska at 6.563% and Mississippi at 7.188% — same country, same year, same product.

#	State	Median	25th pct	75th pct	Spread	Loans
1	Alaska	6.563%	6.188	6.938	0.750	3,983
2	Iowa	6.563%	6.188	6.938	0.750	28,475
3	North Dakota	6.563%	5.938	6.938	1.000	5,025
4	Arizona	6.688%	6.188	7.063	0.875	62,985
5	California	6.688%	6.313	7.188	0.875	215,810
6	Colorado	6.688%	6.188	7.063	0.875	61,008
7	Connecticut	6.688%	6.438	7.063	0.625	27,547
8	Delaware	6.688%	6.313	7.063	0.750	10,331
9	District of Columbia	6.688%	6.188	6.938	0.750	5,378
10	Florida	6.688%	6.313	7.188	0.875	192,143
11	Georgia	6.688%	6.438	7.063	0.625	84,247
12	Hawaii	6.688%	6.313	7.063	0.750	5,364
13	Idaho	6.688%	6.188	6.938	0.750	18,355
14	Kansas	6.688%	6.438	7.188	0.750	21,982
15	Maryland	6.688%	6.438	7.063	0.625	48,866
16	Massachusetts	6.688%	6.313	6.938	0.625	51,594
17	Montana	6.688%	6.438	7.188	0.750	7,126
18	Nebraska	6.688%	6.438	7.063	0.625	17,041
19	Nevada	6.688%	6.063	7.063	1.000	27,647
20	New Jersey	6.688%	6.438	7.063	0.625	71,612
21	New York	6.688%	6.313	6.938	0.625	98,861
22	North Carolina	6.688%	6.313	7.063	0.750	100,479
23	Oregon	6.688%	6.438	7.188	0.750	35,091
24	Pennsylvania	6.688%	6.438	7.063	0.625	96,275
25	South Carolina	6.688%	6.313	7.188	0.875	53,026
26	South Dakota	6.688%	6.188	6.938	0.750	6,002
27	Tennessee	6.688%	6.438	7.188	0.750	59,951
28	Texas	6.688%	6.188	7.188	1.000	245,458
29	Utah	6.688%	6.188	6.938	0.750	31,540
30	Vermont	6.688%	6.313	7.063	0.750	4,291
31	Virginia	6.688%	6.438	7.063	0.625	68,933
32	Washington	6.688%	6.313	7.063	0.750	66,490
33	Wisconsin	6.688%	6.438	7.063	0.625	48,416
34	Wyoming	6.688%	6.438	7.188	0.750	3,851
35	Minnesota	6.813%	6.438	7.188	0.750	56,339
36	Missouri	6.813%	6.438	7.188	0.750	53,290
37	Ohio	6.813%	6.438	7.188	0.750	100,198
38	Rhode Island	6.813%	6.438	7.063	0.625	7,345
39	West Virginia	6.813%	6.313	7.313	1.000	9,201
40	Alabama	6.938%	6.438	7.438	1.000	34,309
41	Arkansas	6.938%	6.438	7.438	1.000	22,726
42	Illinois	6.938%	6.438	7.188	0.750	106,440
43	Indiana	6.938%	6.438	7.188	0.750	65,787
44	Kentucky	6.938%	6.438	7.313	0.875	31,289
45	Louisiana	6.938%	6.563	7.563	1.000	23,620
46	Maine	6.938%	6.563	7.313	0.750	10,220
47	Michigan	6.938%	6.438	7.188	0.750	86,533
48	New Hampshire	6.938%	6.563	7.188	0.625	11,458
49	New Mexico	6.938%	6.438	7.438	1.000	12,369
50	Oklahoma	6.938%	6.438	7.313	0.875	27,606
51	Mississippi	7.188%	6.563	8.813	2.250	16,228

What the spread column tells you

The spread is the distance between the cheaper quarter of borrowers and the dearer quarter within the same state. In most states it is wider than the gap between the cheapest and dearest states — which means who you are and where you shop matters more than which state you live in.

Why these are not today's rates

HMDA publishes once a year, roughly nineteen months in arrears. These are 2024 originations, and we label them as such rather than implying otherwise. The trade-off is worth it: no other free source measures what was actually paid rather than what was advertised.

For a current national figure, see the daily credit-tier index or the mortgage-Treasury spread.

Source

Source: FFIEC / CFPB — Home Mortgage Disclosure Act
Observation date: 2024-01-01
Vintage: 2026-07-31
Retrieved: 2026-07-31 13:04 UTC

Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act loan-level data, retrieved via the CFPB HMDA Data Browser.