Mortgages by State

How mortgages in the 50 states and DC compare: how healthy they are, what new loans cost, how many carry rates under 4%, how much equity owners have, how many buyers pay for mortgage insurance, and how fast loans get paid off, or paid ahead. Sort by any column, or pick a state for its page.
Alabama
Weak
6.34%
$328,000
41.8%
14.5%
45.0%
9.2%
16.9%
Alaska
Above average
6.42%
$422,000
50.6%
12.1%
53.4%
8.4%
24.5%
Arizona
Above average
6.24%
$516,000
51.4%
13.8%
40.5%
8.6%
16.4%
Arkansas
Weak
6.38%
$326,000
41.6%
14.0%
44.4%
9.7%
19.1%
California
Strong
6.26%
$892,000
60.1%
7.0%
36.0%
6.7%
14.3%
Colorado
Strong
6.19%
$612,000
56.2%
13.4%
40.4%
9.3%
15.2%
Connecticut
Average
6.39%
$573,000
50.9%
4.3%
45.5%
7.5%
17.7%
Delaware
Below average
6.40%
$484,000
49.1%
9.2%
39.2%
8.0%
18.5%
District of Columbia
Average
6.25%
$838,000
55.8%
8.0%
41.0%
5.7%
13.6%
Florida
Weak
6.31%
$483,000
43.1%
14.3%
39.7%
7.8%
19.3%
Georgia
Weak
6.31%
$439,000
44.4%
13.2%
44.4%
8.8%
17.7%
Hawaii
Strong
6.31%
$801,000
57.3%
6.0%
41.2%
6.3%
16.0%
Idaho
Strong
6.17%
$535,000
53.9%
11.7%
38.1%
9.4%
16.0%
Illinois
Below average
6.43%
$395,000
48.7%
6.9%
47.5%
9.2%
21.2%
Indiana
Below average
6.40%
$321,000
45.1%
11.1%
52.1%
9.9%
19.0%
Iowa
Above average
6.25%
$289,000
50.0%
10.3%
51.3%
9.2%
19.8%
Kansas
Average
6.38%
$322,000
46.0%
11.5%
51.7%
9.9%
20.1%
Kentucky
Below average
6.39%
$306,000
44.1%
10.6%
48.3%
9.5%
18.3%
Louisiana
Weak
6.40%
$301,000
42.6%
15.6%
47.8%
7.4%
20.6%
Maine
Above average
6.46%
$434,000
47.3%
6.5%
41.6%
9.9%
17.5%
Maryland
Weak
6.32%
$518,000
52.7%
10.6%
48.9%
7.0%
16.9%
Massachusetts
Strong
6.33%
$725,000
56.9%
4.6%
39.8%
7.8%
15.5%
Michigan
Above average
6.44%
$326,000
47.7%
7.9%
50.5%
9.9%
19.8%
Minnesota
Strong
6.34%
$407,000
54.6%
9.5%
52.3%
7.8%
18.1%
Mississippi
Weak
6.44%
$286,000
40.4%
14.9%
44.8%
8.7%
17.8%
Missouri
Average
6.42%
$325,000
46.2%
10.8%
49.3%
10.6%
19.8%
Montana
Strong
6.31%
$517,000
52.8%
8.3%
36.4%
9.7%
18.3%
Nebraska
Strong
6.35%
$352,000
50.5%
10.8%
47.8%
10.0%
20.3%
Nevada
Above average
6.24%
$532,000
48.4%
12.7%
41.7%
7.8%
16.9%
New Hampshire
Strong
6.42%
$570,000
52.8%
4.8%
37.4%
10.3%
18.2%
New Jersey
Above average
6.37%
$647,000
51.0%
4.3%
38.1%
7.9%
18.1%
New Mexico
Below average
6.41%
$361,000
43.0%
11.3%
47.8%
9.1%
21.7%
New York
Average
6.36%
$635,000
45.6%
4.0%
37.9%
5.4%
19.4%
North Carolina
Average
6.28%
$436,000
46.0%
11.5%
41.4%
9.6%
18.7%
North Dakota
Above average
6.26%
$337,000
52.3%
10.3%
49.4%
8.4%
20.0%
Ohio
Below average
6.41%
$319,000
45.0%
9.1%
50.9%
9.0%
20.0%
Oklahoma
Weak
6.39%
$305,000
38.7%
14.9%
47.0%
9.1%
21.0%
Oregon
Strong
6.29%
$543,000
56.0%
10.1%
40.1%
8.0%
15.8%
Pennsylvania
Below average
6.39%
$379,000
46.5%
7.4%
47.6%
7.5%
21.3%
Rhode Island
Below average
6.41%
$561,000
52.1%
6.1%
41.9%
8.7%
16.3%
South Carolina
Weak
6.29%
$395,000
43.4%
12.0%
38.2%
9.9%
18.4%
South Dakota
Strong
6.28%
$360,000
52.2%
10.9%
40.2%
10.6%
19.3%
Tennessee
Average
6.29%
$435,000
43.4%
13.0%
43.0%
9.9%
17.1%
Texas
Weak
6.29%
$415,000
42.1%
17.3%
44.9%
8.6%
21.3%
Utah
Above average
6.19%
$581,000
58.0%
12.2%
48.3%
9.2%
14.6%
Vermont
Strong
6.34%
$476,000
49.7%
5.5%
35.3%
8.3%
18.8%
Virginia
Above average
6.31%
$522,000
52.6%
9.6%
41.8%
8.4%
17.8%
Washington
Strong
6.28%
$712,000
57.0%
9.5%
40.0%
8.6%
16.7%
West Virginia
Weak
6.47%
$266,000
38.8%
10.6%
51.3%
8.6%
20.2%
Wisconsin
Strong
6.37%
$355,000
52.9%
6.4%
48.8%
10.4%
19.8%
Wyoming
Average
6.30%
$403,000
50.3%
10.9%
41.7%
10.9%
19.8%
United States
6.33%
$483,000
49.1%
10.3%
44.0%
8.4%
18.3%
Data as of June 2026The 30-year rate is the average on Freddie Mac fixed-rate loans made from July 2025 through June 2026. The average home price is what homes bought with a mortgage in 2025 cost. Mortgage health rates each state against the nation on late payments across every kind of mortgage and on finished Fannie Mae and Freddie Mac foreclosures. Rates under 4% and equity are every first-lien mortgage in June 2026, from the Federal Housing Finance Agency’s National Mortgage Database. Home buyers with PMI are Freddie Mac home purchase loans made over the same quarters as the rates; paid off in a year is Freddie Mac loans paid off in full from July 2025 through June 2026; a year ahead is Freddie Mac fixed-rate borrowers who are current and a year or more ahead of their schedule. Each state’s page has the details.