Louisiana Mortgage and Refinance Rates

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Current Louisiana Mortgage Rates

Average market rates for April 17, 2024 in Louisiana are 7.30% for 30-year fixed purchase and 7.34% for 30-year fixed refinance

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

Louisiana Purchase Rates

ProductRateAPR
15-year Fixed Purchase6.47%6.51%
15-year Fixed Jumbo Purchase7.14%7.19%
30-year Fixed Purchase7.30%7.32%
30-year Fixed Jumbo Purchase7.13%7.16%
Rates based on market averages as of Apr 16, 2024.

Louisiana Refinance Rates

ProductRateAPR
15-year Fixed Refinance6.46%6.50%
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.

Louisiana 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 Louisiana

  • Conventional: 27,350 loans
  • FHA: 12,322 loans
  • USDA: 3,652 loans
  • VA: 5,093 loans

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 Cash-Out Refinance Lenders in Louisiana by Volume

  • Rocket Mortgage, LLC: 2,029 loans
  • Loandepot.com, LLC: 560 loans
  • Gmfs LLC: 478 loans
  • JPMorgan Chase Bank: 374 loans
  • Nationstar Mortgage LLC: 370 loans
  • Wells Fargo Bank: 279 loans
  • Freedom Mortgage Corporation: 269 loans
  • Pennymac Loan Services, LLC: 205 loans
  • Amerisave Mortgage Corporation: 177 loans
  • Carrington Mortgage Services, LLC: 163 loans

How we source lender data

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