close
close

Hoosiers Get 9th Worst Mortgage Rates in U.S. | State

As the cost of homeownership remains out of reach for many Americans, mortgage interest rates have become a central concern for homebuyers and policymakers alike. The Federal Reserve’s ongoing effort to curb inflation is keeping interest rates elevated longer than many analysts expected, making mortgage loans persistently more expensive. These high interest rates have cooled the housing market somewhat, but they have not been enough to balance rising borrowing costs. As a result, many prospective buyers face the daunting combination of high home prices and expensive financing.

Trends in mortgage rates

Mortgage Rate Features by Location