Indiana Mortgage and Refinance Rates

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Current Indiana Mortgage Rates

Average market rates for October 08, 2024 in Indiana are 6.59% for 30-year fixed purchase and 6.53% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase6.59%6.63%
30-year Fixed Refinance6.53%6.57%
Rates based on market averages as of Oct 08, 2024.
ProductRateAPR
30-year Fixed Purchase6.59%6.63%
30-year Fixed Refinance6.53%6.57%
Rates based on market averages as of Oct 08, 2024.

Indiana Purchase Rates

ProductRateAPR
15-year Fixed Purchase5.59%5.65%
15-year Fixed Jumbo Purchase5.87%5.90%
30-year Fixed Purchase6.59%6.63%
30-year Fixed Jumbo Purchase6.65%6.68%
Rates based on market averages as of Oct 08, 2024.

Indiana Refinance Rates

ProductRateAPR
15-year Fixed Refinance5.41%5.48%
15-year Fixed Jumbo Refinance5.87%5.90%
30-year Fixed Refinance6.53%6.57%
30-year Fixed Jumbo Refinance6.57%6.60%
Rates based on market averages as of Oct 08, 2024.

Indiana ARM Rates

ProductRateAPR
5/6 Arm (purchase)6.49%6.55%
5/6 Arm (refinance)6.64%6.71%
5/6 Jumbo Arm (purchase)6.20%6.21%
5/6 Jumbo Arm (refinance)6.26%6.27%
Rates based on market averages as of Oct 08, 2024.

How we source rates and rate trends

Most Common Mortgage Types in Indiana

  • Conventional: 54,532 loans
  • FHA: 14,442 loans
  • VA: 5,040 loans
  • USDA: 1,712 loans

Top Purchase Lenders in Indiana by Volume

  • Ruoff Mortgage Company, Inc.: 5,069 loans
  • Fairway Independent Mortgage Corporation: 2,829 loans
  • Gvc Mortgage, Inc.: 2,737 loans
  • Rocket Mortgage, LLC: 2,538 loans
  • Lennar Mortgage, LLC: 1,658 loans
  • Mortgage Research Center, LLC: 1,632 loans
  • Caliber Home Loans, Inc.: 1,545 loans
  • Hallmark Home Mortgage, LLC: 1,540 loans
  • JPMorgan Chase Bank: 1,380 loans
  • Newrez LLC: 1,277 loans

Top Refinance Lenders in Indiana by Volume

  • First Merchants Bank: 944 loans
  • PNC Bank: 692 loans
  • Old National Bank: 691 loans
  • Fifth Third Bank: 567 loans
  • German American Bank: 488 loans
  • Lake City Bank: 473 loans
  • 1st Source Bank: 405 loans
  • Horizon Bank: 358 loans
  • Royal United Mortgage LLC: 309 loans
  • Indiana Members Credit Union: 262 loans

Top Cash-Out Refinance Lenders in Indiana by Volume

  • Rocket Mortgage, LLC: 3,434 loans
  • Teachers Credit Union: 999 loans
  • First Financial Bank: 736 loans
  • Evansville Teachers: 640 loans
  • Nationstar Mortgage LLC: 640 loans
  • Freedom Mortgage Corporation: 597 loans
  • Loandepot.com, LLC: 546 loans
  • The Huntington National Bank: 485 loans
  • JPMorgan Chase Bank: 360 loans
  • Newrez LLC: 344 loans

How we source lender data

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