Mortgage rates rose in 37 of the 50 states between Q1 2026 and Q2 2026, the personal-finance company WalletHub today released its new report on the States Where Mortgage Interest Rates Are Increasing the Most, based on proprietary user data.
| Increasing the Most | Increasing the Least |
| 1. Mississippi | 41. Vermont |
| 2. Colorado | 42. Rhode Island |
| 3. Tennessee | 43. West Virginia |
| 4. Wisconsin | 44. Maine |
| 5. Missouri | 45. Nevada |
| 6. North Carolina | 46. Texas |
| 7. Kansas | 47. Montana |
| 8. Arkansas | 48. Wyoming |
| 9. New Hampshire | 49. South Dakota |
| 10. South Carolina | 50. North Dakota |
For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/
“It’s a difficult time to buy a house, given that home prices have risen astronomically over the past few years and housing shortages make it hard to find the right place even if you have the money. Consumers’ home-buying struggles are exacerbated by the fact that the average mortgage interest rate increased in all but 13 states between Q1 2026 and Q2 2026. Although interest rates are still down a bit from the highs we saw last year, they’re a far cry from the historic lows during the pandemic.”
–
“Mississippi experienced the largest increase in the average mortgage interest rate between Q1 2026 and Q2 2026, at around 1.9%. This increase is the highest of any state, edging out the second ranked state by 0.32%. As of Q2 2026, the average mortgage interest rate in Mississippi was over 5.5%, the 21st-most expensive rate in the country.”
- Chip Lupo, WalletHub Analyst
More From WalletHub
No comments:
Post a Comment