Table of Contents
Current Louisiana Mortgage Rates
The average mortgage rates in Louisiana for September 24, 2023 are 6.975% for purchasing a home and 7.086% for refinancing a home.
| Mortgage Type | Rate (%) |
|---|---|
| 30 Year Fixed Purchase | 6.975 |
| 30 Year Fixed Refinance | 7.086 |
30-Day Rate Trend in Louisiana
Louisiana Purchase Rates
| Mortgage Type | Rate (%) |
|---|---|
| 15 Year Fixed Purchase | 6.191 |
| 15 Year fixed Jumbo Purchase | 7.412 |
| 30 Year Fixed Purchase | 6.975 |
| 30 Year Fixed Jumbo Purchase | 7.35 |
Louisiana Refinance Rates
| Mortgage Type | Rate (%) |
|---|---|
| 15 Year Fixed Refinance | 6.185 |
| 15 Year fixed Jumbo Refinance | 7.535 |
| 30 Year Fixed Refinance | 7.086 |
| 30 Year Fixed Jumbo Refinance | 7.381 |
Louisiana ARM Rates
| Mortgage Type | Rate (%) |
|---|---|
| 5/6 ARM SOFR Purchase | 7.063 |
| 5/6 ARM SOFR Refinance | 7.154 |
| 5/6 ARM Jumbo SOFR Purchase | 6.633 |
| 5/6 ARM Jumbo SOFR Refinance | 6.667 |
Most Common Mortgage Types in Louisiana
- Conventional: 27,350 loans
- FHA: 12,322 loans
- USDA: 3,652 loans
- VA: 5,093 loans
» MORE: See today’s refinance rates
Top Purchase Lenders in Louisiana by Volume
- Gmfs LLC: 4,173 loans
- Eustis Mortgage Corporation: 1,759 loans
- Assurance Financial Group, L.l.c.: 1,680 loans
- Fidelity Bank: 1,678 loans
- Movement Mortgage, LLC: 1,355 loans
- Rocket Mortgage, LLC: 1,353 loans
- Dsld Mortgage, LLC: 1,337 loans
- DHI Mortgage Company, Ltd.: 1,168 loans
- 21st Mortgage Corporation: 1,122 loans
- Mortgage Research Center, LLC: 1,097 loans
Top Refinance Lenders in Louisiana by Volume
- Gmfs LLC: 894 loans
- Rocket Mortgage, LLC: 527 loans
- First Horizon Bank: 374 loans
- Freedom Mortgage Corporation: 302 loans
- Hancock Whitney Bank: 267 loans
- Nationstar Mortgage LLC: 262 loans
- JPMorgan Chase Bank: 246 loans
- Cadence Bank: 242 loans
- Assurance Financial Group, L.l.c.: 205 loans
- Pennymac Loan Services, LLC: 200 loans
Top purchase and refinance lenders and usage statics are for retail (direct to consumer) lenders and made available through lender reporting from the 2022 Home Mortgage Disclosure Act (HMDA).
Louisiana mortgage rate data in the charts and tables above comes from RateUpdate.com. The displayed rates come from multiple providers and represent market averages. Your mortgage rate will differ based on individual factors like your credit score as well as differing loan types and terms offered by lenders.