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Louisiana Mortgage Rates

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Louisiana Rates National Rates
Fixed Mortgages      Today +/- Last Week      Today +/- Last Week
10 yr Fixed 6.24% 6.19% 5.95% 5.88%
15 yr Fixed 6.29% 6.15% 6% 5.9%
20 yr Fixed 6.74% 6.72% 6.44% 6.35%
30 yr FHA 6.72% 6.69% 6.56% 6.59%
30 yr Fixed 6.73% 6.59% 6.48% 6.35%
40 yr Fixed 7.22% 7.06% 6.96% 6.82%
Adjustable Rate Mortgages (ARM)
1 yr ARM 8.25% 8.13% 6.22% 5.69%
10/1 ARM 7% 6.96% 6.54% 6.46%
3/1 ARM 6.12% 5.98% 5.73% 5.63%
5/1 ARM 6.15% 6.12% 5.91% 5.88%
7/1 ARM 6.63% 6.45% 6.22% 6.16%
Rates provided by Bankrate.com

Mortgage Basics

Chapter 1: Should you buy or rent?

There's no easy answer. Emotions, family and personal reasons all come into play in any home-buying decision. more...

Chapter 2: How mortgages work

You can get a mortgage in many places, but they all share the same characteristics. more...

Chapter 3: Your mortgage payment

Your monthly payment is determined by the rate and the amount of the loan, but there's much more to it. more...

Chapter 4: Paperwork and fees

Prepare to gather a lot of paperwork, negotiate your loan terms and make sense of all the fees. more...

Chapter 5: Underwriting

The clock has started ticking toward closing day, but much remains to be done during those few weeks. more...

Chapter 6: Closing

It's your last chance to alter the deal, and the last chance for someone to sneak something past you. more...

Chapter 7: Ownership, after closing

You have the keys, but you're not done. Your mortgage needs periodic maintenance. more...

Enter your ZIP code to find personalized mortgage rates:

Bank Rate

Louisiana Home Equity Rates

Home Equity Basics

Chapter 1: What equity debt is

Before tapping into the equity in your home, become familiar with the way home equity loans work. more...

Chapter 3: Applying

The keys to a great rate are your credit history, your income and the loan-to-value ratio. more...
   

Chapter 2: Decisions, decisions

Home equity loans are available in two ways - as a fixed-rate loan or a variable-rate line of credit. Which one is best for your situation? more...

Chapter 4: Watch Out!

Tapping your home's equity can be risky. Know the loan rules, your home's value and your actual costs before closing the deal. more...

Home Equity Loan Rates

Louisiana Rates
30K FICO-based 8.06%
30K FICO-based High LTV 8.5%
50K FICO-based 8.5%
75K FICO-based 8.5%

Home Equity Line of Credit Rates

Louisiana Rates
100K FICO-based Line of Credit 4.37%
30K FICO-based High LTV Line of Credit 5%
30K FICO-based Line of Credit 5.1%
50K FICO-based Line of Credit 5%
75K FICO-based Line of Credit 5%
Rates provided by Bankrate.com

Refinance Rates

Fixed Rates Louisiana Rates
10 yr fixed 6.25%
15 yr fixed 6.31%
20 yr fixed 6.73%
30 yr FHA 6.81%
30 yr fixed 6.82%
   
Adjustable Rates
10/1 ARM 6.96%
3/1 ARM 6.14%
5/1 ARM 6.17%
7/1 ARM 6.57%
Rates provided by Bankrate.com

News and Articles

Interest Rate Roundup

Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.

Escape the debt trap

Drowning in debt? Keep a cool head and carefully weigh your options. One of these five choices could be your ticket out.

Can family claim squatter's rights?

"Sweetheart" real estate deals involving family members can turn sour in a hurry, says the Real Estate Adviser.

No grace period on simple interest loan

Late payments are costly for borrowers with simple-interest loans, says Dr. Don Taylor.

PMI protects lender, not borrower

Private mortgage insurance is intended to protect lenders at higher risk of loss, says Dr. Don Taylor.