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Mortgages

20 states where mortgage rates have risen the most

ByNMN Staff
October 22, 2024 5:00 AM
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The top five places in this ranking of states where mortgage rates have increased the most saw an average change in mortgage rates of 3.15% quarter-over-quarter, according to data from WalletHub. The average mortgage rate for all 20 states listed is 6.02%. 

Read more about the 20 states where mortgage rates have increased the most.

Source: WalletHub

Rank State Average mortgage rate Q2 Change in average mortgage rate QoQ
20
 Wisconsin
 5.40%
 1.36%
19
 West Virginia
 5.11%
 1.38%
18
 New Mexico
 5.89%
 1.40%
17
 Mississippi
 6.22%
 1.57%
16
 Michigan
 5.98%
 1.63%
15
 Arkansas
 5.68%
 1.68%
14
 Nebraska
 7.29%
 1.69%
13
 Wyoming
 5.43%
 1.84%
12
 Ohio
 6.28%
 1.92%
11
 Kansas
 7.07%
 1.99%
10
 Tennessee
 5.44%
 2.22%
9
 Vermont
 5.70%
 2.26%
8
 North Carolina
 5.70%
 2.31%
7
 Oklahoma
 6.64%
 2.32%
6
 North Dakota
 5.90%
 2.47%
5
 South Dakota
 6.28%
 2.49%
4
 South Carolina
 5.55%
 2.52%
3
 Louisiana
 6.84%
 2.72%
2
 Missouri
 6.30%
 3.12%
1
 Colorado
 5.71%
 4.88%
Chart showing states where mortgage rates have increased the most with Wisconsin ranking 20th.
Wisconsin ranked 20th with a 1.36% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with West Virginia ranking 19th.
West Virginia ranked 19th with a 1.38% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with New Mexico ranking 18th.
New Mexico ranked 18th with a 1.40% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Mississippi ranking 17th.
Mississippi ranked 17th with a 1.57% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Michigan ranking 16th.
Michigan ranked 16th with a 1.63% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Arkansas ranking 15th.
Arkansas ranked 15th with a 1.68% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Nebraska ranking 14th.
Nebraska ranked 14th with a 1.69% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Wyoming ranking 13th.
Wyoming ranked 13th with a 1.84% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Ohio ranking 12th.
Ohio ranked 12th with a 1.92% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Kansas ranking 11th.
Kansas ranked 11th with a 1.99% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Tennessee ranking 10th.
Tennessee ranked 10th with a 2.22% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Vermont ranking 9th.
Vermont ranked 9th with a 2.26% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with North Carolina ranking 8th.
North Carolina ranked 8th with a 2.31% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Oklahoma ranking 7th.
Oklahoma ranked 7th with a 2.32% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with North Dakota ranking 6th.
North Dakota ranked 6th with a 2.47% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with South Dakota ranking 5th.
South Dakota ranked 5th with a 2.49% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with South Carolina ranking 4th.
South Carolina ranked 4th with a 2.52% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Louisiana ranking 3rd.
Louisiana ranked 3rd with a 2.72% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Missouri ranking 2nd.
Missouri ranked 2nd with a 3.12% change in average mortgage rate quarter over quarter.
Chart showing states where mortgage rates have increased the most with Colorado ranking 1st.
Colorado ranked 1st with a 4.88% change in average mortgage rate quarter over quarter.
NMN Staff
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