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Mississippi

Are you a first-time home buyer in Mississippi? If yes, you must stay updated about first-time home buyer grants in Mississippi. Well, search no more because Total Mortgage has got you covered!We are your reliable companion in selecting the best mortgage offer in the Magnolia State that meets your expectations and budget. With the help of the Total Mortgage team, you will open the door to your dream residence using the lowest mortgage rates and down payment assistance programs in Mississippi. Contact us today for mortgage assistance in Mississipi.

Mississippi mortgage rates today

The current 30-year fixed rate mortgage is as low as 6%.

Rate

6.000%

APR 6.462%

Est. Monthly Payment

$2158.38

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Rate

5.125%

APR 5.870%

Est. Monthly Payment

$2870.35

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Rate

5.625%

APR 6.595%

Est. Monthly Payment

$2257.73

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Rate

5.500%

APR 6.066%

Est. Monthly Payment

$2069.59

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Rate

5.375%

APR 6.670%

Est. Monthly Payment

$2015.90

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Last updated: September 6th 2025, 4:30pm EST. The above rates are current as of September 7th 2025, 8:27pm EST. The table is updated twice every day with the current mortgage rates.

Mississippi Mortgage Rates FAQs

What is the average mortgage rate in Mississippi?

 

The lenders charge mortgage rates in Mississippi for home loans and refinances. These wavering rates significantly dictate the aggregate costs that homeowners face in Mississippi.

What are the current mortgage rates in MS?

For the current mortgage rates in MS, simply inspect the possibilities cited in the table given above. We diligently reevaluate and update our rates twice daily to ensure you have the most accurate picture of today's dynamic financial landscape.

How do Mississippi interest rates affect mortgages in the state?

 

The changing mortgage rates in Mississippi directly impact the overall cost of property ownership. Spiking rates simply increase the monthly obligations and total borrowing expenses, while declining rates can offer a cost-effective opportunity of owning a home in the Magnolia state. 

Where can Mississippi residents find the best mortgage rates?

 

To secure a favorable mortgage rate in Mississippi, residents must compare charges, APR, and monthly installments across the cited products. It's essential to consider qualification standards and linked fees to form an informed judgment about the most suitable choice for their circumstances.

What is considered a good mortgage interest rate?

 

As you check out mortgage rates in MS online, remember that they are more complex than just an interest rate. Instead, you'll need to know more about annual percentage rate, any fees, and closing costs to determine which lender can offer you everything tailored to your requirements.

Mississippi Mortgage Rates FAQs FAQ Image
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Mortgage rates are volatile and subject to change without notice. All rates shown are for 30-day rate locks with two and a half points for a single family owner-occupied primary residence with 750 or higher FICO and 80 LTV over a 30-year loan term except where otherwise noted and are subject to mortgage approval with full documentation of income. The APR for a 30-year and 15-year conventional fixed-rate mortgage loans are calculated using a loan amount of $360,000, two and a half points, a $495 application fee, $450 appraisal fee, $1,195 underwriting fee, a $10 flood certification fee, and a $82 credit report fee.* 15-year conventional mortgage rates are calculated with a 15-year loan term.* The APR for jumbo mortgage rates is calculated using a loan amount of $500,000, two and a half points, a $495 application fee, $450 appraisal fee, $1,195 underwriting fee, $10 flood certification fee, and a $82 credit report fee.* The APR for FHA mortgage rates is calculated using a loan amount of $360,000, two and a half points, a $495 application fee, $450 appraisal fee, $1,195 underwriting fee, $10 flood certification fee, and a $82 credit report fee. Some rates and fees may vary by state.* The APR for adjustable rate mortgages (ARMs) is calculated using a loan amount of $360,000, two and a half points, a $495 application fee, $450 appraisal fee, $1,195 underwriting fee, $10 flood certification fee and a $82 credit report fee. Some rates and fees may vary by state. Products are subject to availability on a state-by-state basis. By refinancing your existing loan, your total finance charge may be higher over the life of the loan.