Louisiana Mortgage Rates (2026)
Current average mortgage rates, median home prices, and top lenders in Louisiana. Rates apply to primary residence purchases with good credit (740+).
30yr Fixed
7.1%
Avg APR
15yr Fixed
6.5%
Avg APR
Median Price
$210,000
Median home
Monthly P&I
$1,120
30yr at 80% LTV
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Top Mortgage Lenders in Louisiana
1
Get RateRocket Mortgage
Online convenience
30yr Fixed
7%
15yr Fixed
6.4%
Min Down
3%
2
Get RateChase
Existing customers
30yr Fixed
6.9%
15yr Fixed
6.3%
Min Down
3%
3
Get RateWells Fargo
Branch access
30yr Fixed
7.1%
15yr Fixed
6.5%
Min Down
3%
4
Get RateBank of America
Preferred Rewards
30yr Fixed
7%
15yr Fixed
6.4%
Min Down
3%
5
Get RateloanDepot
Low down payment
30yr Fixed
6.9%
15yr Fixed
6.3%
Min Down
3%
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First-Time Buyer Programs in Louisiana
- ✓LHC Mortgage Revenue Bond Program
- ✓LHC Market Rate Conventional Program
Mortgage Requirements in Louisiana
- •Min 640 credit score for LHC programs
- •Flood insurance required in many areas
- •DTI under 45%
Louisiana Housing Market Facts
New Orleans metro has unique property characteristics including above-ground foundations.
Louisiana has high home insurance costs due to hurricane risk.
Property taxes are among the lowest in the US (0.55% avg).
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