Mortgage Rates in Harrison, Arkansas — March 2026
Updated March 2026 | Based on Harrison market data and regional lending conditions
Harrison is a growing city in Arkansas with a population of 13,124. The current 30-year fixed mortgage rate in Harrison is 6.83%, which is 0.18% above the national average. With a median home price of $151,000 and a 20% down payment of $30,200, homebuyers can expect a monthly principal and interest payment of approximately $790.
Current Mortgage Rates in Harrison, AR
Below are the current average mortgage rates available in the Harrison area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.05% | 5.89% | +0.16% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
Harrison Housing Market Overview
The Harrison housing market offers relatively affordable housing compared to many major cities. The median household income in Harrison is $48,400, and the cost of living index is 83.3 (national average = 100). Based on the 28% affordability rule, the median income in Harrison is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Harrison
Based on the median home price of $151,000 with 20% down ($30,200), here is what you can expect to pay monthly in Harrison:
15-Year vs. 30-Year Mortgage in Harrison
Choosing a 15-year mortgage in Harrison at 6.05% instead of a 30-year at 6.83% would save you $100,260 in total interest over the life of the loan. However, your monthly payment would be $1,023 instead of $790 — an increase of $233 per month.
Calculate Your Harrison Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Harrison
What are the current mortgage rates in Harrison, AR?
As of March 2026, the average 30-year fixed mortgage rate in Harrison, Arkansas is 6.83%, while the 15-year fixed rate is 6.05%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Harrison?
Based on the median home price of $151,000 with 20% down, the estimated monthly mortgage payment in Harrison is $790 for principal and interest. Including property taxes of $76/month, the total monthly housing cost is approximately $866.
What income do I need to buy a home in Harrison?
Using the 28% rule, you would need an annual income of approximately $37,114 to afford the median-priced home in Harrison at $151,000. The median household income in Harrison is $48,400. The median income is currently sufficient to meet this threshold.
Is Harrison a good place to buy a home in 2026?
Harrison offers a below-average cost of living with a cost of living index of 83.3 (national average = 100). The property tax rate in Arkansas is 0.6%, which is below the national average. Harrison has a population of 13,124 and offers a very affordable lifestyle.
Mortgage Rates in Other Arkansas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Harrison, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.