What is the average mortgage rate in Louisiana in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Louisiana 2026
Louisiana offers below-average home prices relative to the national median, with a median home price of $249,000 in 2026. The state introduced a flat 3% income tax rate in 2025.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Louisiana. Not financial advice.
Louisiana at a glance
- Average home price: $249,000
- State income tax: Yes (3% flat rate)
- Land transfer tax: None
- Typical monthly payment: $1,387/mo on $249,000 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Louisiana have a real estate transfer tax?
No — Louisiana has no state real estate transfer tax, which helps keep closing costs lower.
What is the median home price in Louisiana in 2026?
$249,000 — below the national median.
How much do I need to earn to afford a home in Louisiana?
To afford $249,000 with 20% down at 7.46%, you need approximately $60,000–$60,000 annual income.
Louisiana mortgage calculator · Educational reference only. Not financial or lending advice.