Mississippi Mortgage and Refinance Rates

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Current Mississippi Mortgage Rates

Average market rates for April 17, 2024 in Mississippi 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.

Mississippi Purchase Rates

ProductRateAPR
15-year Fixed Purchase6.46%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.

Mississippi 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.

Mississippi 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 Mississippi

  • Conventional: 17,229 loans
  • FHA: 6,903 loans
  • USDA: 1,824 loans
  • VA: 3,892 loans

Top Purchase Lenders in Mississippi by Volume

  • Trustmark National Bank: 2,839 loans
  • Cadence Bank: 1,737 loans
  • Mortgage Research Center, LLC: 1,157 loans
  • Rocket Mortgage, LLC: 1,144 loans
  • Community Bank Of Mississippi: 1,094 loans
  • Fairway Independent Mortgage Corporation: 1,063 loans
  • 21st Mortgage Corporation: 964 loans
  • Renasant Bank: 915 loans
  • Regions Bank: 806 loans
  • Bankplus: 710 loans

Top Refinance Lenders in Mississippi by Volume

  • Cadence Bank: 1,158 loans
  • Trustmark National Bank: 945 loans
  • Community Bank Of Mississippi: 756 loans
  • Regions Bank: 522 loans
  • Bankplus: 517 loans
  • Rocket Mortgage, LLC: 373 loans
  • Renasant Bank: 333 loans
  • Flagstar Bank, Fsb: 181 loans
  • Planters Bank & Trust Company: 157 loans
  • Pennymac Loan Services, LLC: 153 loans

Top Cash-Out Refinance Lenders in Mississippi by Volume

  • Rocket Mortgage, LLC: 1,848 loans
  • Keesler: 585 loans
  • Loandepot.com, LLC: 410 loans
  • Nationstar Mortgage LLC: 292 loans
  • Renasant Bank: 252 loans
  • Freedom Mortgage Corporation: 251 loans
  • Trustmark National Bank: 235 loans
  • Amerisave Mortgage Corporation: 211 loans
  • Wells Fargo Bank: 208 loans
  • New Day Financial, LLC: 174 loans

How we source lender data

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