Mortgage rates in West Virginia
Average 30-year fixed 6.49% · Updated July 9, 2026 · Freddie Mac (FRED)
West Virginia consistently posts the lowest home prices in the East. Below is what buying at West Virginia's median price looks like at today's national average rate, plus the local property tax and assistance that actually change your payment.
What a mortgage costs in West Virginia
The interest rate on a West Virginia mortgage is the same 6.49% national average a lender would quote anywhere — rates are set by the bond market, not by your state. On West Virginia's median $260,000 home with 20% down, the financed amount is $208,000, or about $1,313 a month in principal and interest.
What makes West Virginia different is the cost around the loan. Its 0.57% effective property-tax rate adds roughly $123 a month, and homeowners insurance about $98 more — bringing the all-in estimate to $1,534. Those local costs, not the interest rate, are what set West Virginia apart. Your own price and down payment will move the number — work backward from your income with the how-much-house calculator.
Getting approved in West Virginia
Federal HMDA lending records show West Virginia lenders originated 29,629 home loans in 2025 and denied 11,456 applications — an approval rate near 72.1% among decisioned applications, against 76.6% nationwide. See how all 50 states compare in our state approval-rate study, and how West Virginia ranks for mortgage complaint patterns (995 on record).
Shopping for a loan? See the most active mortgage lenders in West Virginia, ranked by federal HMDA volume.
Down-payment help in West Virginia
You rarely need 20% down. WVHDF — West Virginia's housing finance agency — runs the state's main assistance program: The WVHDF program offers a low-interest down-payment and closing-cost loan. Eligibility usually turns on income limits and a homebuyer-education course. Check current terms at WVHDF, see how a smaller down payment changes your number with the down payment tool, or compare first-time buyer programs nationwide.
West Virginia mortgage FAQ
What is the current mortgage rate in West Virginia?
As of July 9, 2026, the U.S. average 30-year fixed rate is 6.49%. The note rate itself is set nationally, not by state — a lender prices your West Virginia loan the same way it would anywhere, based on your credit, down payment and loan type.
What changes locally is everything around the rate: West Virginia's ~0.57% effective property tax, insurance costs, and which assistance programs apply.
What is the monthly payment on a typical West Virginia home?
On West Virginia's median home price of about $260,000 with 20% down at today's 6.49% average 30-year rate, expect roughly $1,534/month — that's $1,313 principal and interest plus about $123 property tax and $98 insurance. Adjust the numbers for your exact price and down payment in our calculators.
How hard is it to get approved for a mortgage in West Virginia?
In 2025, West Virginia lenders originated 29,629 home loans and denied 11,456 applications — an approval rate of about 72.1% among decisioned applications, versus 76.6% nationally, according to federal HMDA data. See how every state ranks in our mortgage approval report.
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment estimates assume the down payment noted plus estimated taxes and insurance. Confirm current pricing with a licensed lender.