New Orleans, LA Mortgage Rates
Live Mortgage Rates in New Orleans, Louisiana
6.490%
New Orleans Conventional Purchase benchmark (80% LTV, 780 FICO), updated Thursday, November 5, 2026 at 2:00 PM UTC
Sourced live from hundreds of wholesale lenders serving New Orleans and Louisiana
New Orleans Benchmark Rates
Lowest available rate with no discount points paid in New Orleans, LA for each standard scenario, sourced live
| Scenario | Rate (no points) | APR |
|---|---|---|
Conventional Conventional Purchase (80% LTV, 780 FICO) · New Orleans, LA | 6.490% | 6.529% |
FHA FHA Purchase (96.5% LTV, 680 FICO) · New Orleans, LA | 5.990% | 6.023% |
VA VA Purchase (100% LTV, 680 FICO) · New Orleans, LA | 5.990% | 6.020% |
2026 Loan Limits in Louisiana
Conforming
$832,750 baseline
FHA
$541,287
Standard FHA limit, applies to most Louisiana counties.
About New Orleans Mortgage Rates
The rates shown above reflect the lowest available wholesale pricing for a New Orleans, Louisiana homebuyer at the time of the snapshot. Rate Direct pulls pricing from hundreds of lenders serving Louisiana and refreshes hourly, so the numbers stay close to what a licensed mortgage broker could actually source for a New Orleans property.
Your specific New Orleans rate depends on credit score, loan amount, property type (single-family vs multi-unit vs condo), loan-to-value, and loan purpose. A 780 FICO buyer at 80% LTV will price materially better than a 680 FICO buyer at 95% LTV. To see your exact rate across the full Louisiana lender network, use the Rate Direct pricer.
New Orleans buyers also have access to FHA, VA, and USDA programs with lower down payments and more flexible credit guidelines. For down payment assistance specific to Louisiana, see the Louisiana DPA guide.
Get your personalized New Orleans mortgage rate
The rates above are the market benchmark for New Orleans. Your actual rate depends on your scenario.