Mapped: Today’s Average 30-Year Mortgage Rate in Every State
Mortgage rates recently dipped to a 13-month low before edging higher, now averaging 6.48% nationally. Kentucky offers the lowest rates at 6.36%, while Hawaii tops the list at 6.60%. The disparity stems from local factors like lender competition, credit profiles, and regulatory nuances—yet the spread remains tight, just 0.24% between extremes.
Timing the market is futile. Buyers fare better acting when financially prepared and the right property emerges. Despite elevated rates compared to historic lows, current levels present the most favorable borrowing conditions in over a year—a window worth considering for serious purchasers.