Missouri Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Missouri. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

7.07%

Avg APR

15yr Fixed

6.47%

Avg APR

Median Price

$235,000

Median home

Monthly P&I

$1,253

30yr at 80% LTV

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Top Mortgage Lenders in Missouri

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

Get Rate

30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in Missouri

  • MHDC First Place Loan
  • MHDC Next Step Program
  • Kansas City and St. Louis city programs

Mortgage Requirements in Missouri

  • Min 640 credit score for MHDC programs
  • Income and purchase price limits
  • Homebuyer education for cash assistance

Missouri Housing Market Facts

Kansas City and St. Louis both offer strong first-time buyer markets.
Missouri has no transfer tax, reducing closing costs.
MHDC provides cash assistance up to 4% of loan amount.

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