Indiana Mortgage and Refinance Rates

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Current Indiana Mortgage Rates

Average market rates for April 17, 2024 in Indiana are 7.29% for 30-year fixed purchase and 7.34% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase7.29%7.32%
30-year Fixed Refinance7.34%7.37%
Rates based on market averages as of Apr 16, 2024.
ProductRateAPR
30-year Fixed Purchase7.29%7.32%
30-year Fixed Refinance7.34%7.37%
Rates based on market averages as of Apr 16, 2024.

Indiana Purchase Rates

ProductRateAPR
15-year Fixed Purchase6.47%6.52%
15-year Fixed Jumbo Purchase7.14%7.19%
30-year Fixed Purchase7.29%7.32%
30-year Fixed Jumbo Purchase7.13%7.16%
Rates based on market averages as of Apr 16, 2024.

Indiana Refinance Rates

ProductRateAPR
15-year Fixed Refinance6.47%6.51%
15-year Fixed Jumbo Refinance7.15%7.19%
30-year Fixed Refinance7.34%7.37%
30-year Fixed Jumbo Refinance7.13%7.16%
Rates based on market averages as of Apr 16, 2024.

Indiana ARM Rates

ProductRateAPR
5/6 Arm (purchase)7.67%7.72%
5/6 Arm (refinance)7.69%7.74%
5/6 Jumbo Arm (purchase)6.99%7.00%
5/6 Jumbo Arm (refinance)7.01%7.02%
Rates based on market averages as of Apr 16, 2024.

How we source rates and rate trends

Most Common Mortgage Types in Indiana

  • VA: 6,077 loans
  • Conventional: 68,575 loans
  • FHA: 16,769 loans
  • USDA: 2,547 loans

Top Purchase Lenders in Indiana by Volume

  • Ruoff Mortgage Company, Inc.: 7,576 loans
  • Fairway Independent Mortgage Corporation: 3,559 loans
  • Caliber Home Loans, Inc.: 3,534 loans
  • Gvc Mortgage, Inc.: 3,328 loans
  • Rocket Mortgage, LLC: 2,772 loans
  • Hallmark Home Mortgage, LLC: 2,000 loans
  • Mortgage Research Center, LLC: 1,750 loans
  • JPMorgan Chase Bank: 1,519 loans
  • Crosscountry Mortgage, LLC: 1,452 loans
  • Three Rivers Federal Credit Union: 1,359 loans

Top Refinance Lenders in Indiana by Volume

  • Fifth Third Bank: 2,277 loans
  • PNC Bank: 1,191 loans
  • First Merchants Bank: 1,013 loans
  • Old National Bank: 890 loans
  • Rocket Mortgage, LLC: 768 loans
  • Horizon Bank: 636 loans
  • German American Bank: 593 loans
  • Royal United Mortgage LLC: 544 loans
  • Lake City Bank: 530 loans
  • Freedom Mortgage Corporation: 491 loans

Top Cash-Out Refinance Lenders in Indiana by Volume

  • Rocket Mortgage, LLC: 5,383 loans
  • Freedom Mortgage Corporation: 1,397 loans
  • Loandepot.com, LLC: 1,277 loans
  • Nationstar Mortgage LLC: 1,201 loans
  • JPMorgan Chase Bank: 1,048 loans
  • First Financial Bank: 989 loans
  • The Huntington National Bank: 906 loans
  • Teachers Credit Union: 883 loans
  • Evansville Teachers: 869 loans
  • Ruoff Mortgage Company, Inc.: 770 loans

How we source lender data

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