Mortgage Rates in Hattiesburg, Mississippi — March 2026
Updated March 2026 | Based on Hattiesburg market data and regional lending conditions
Hattiesburg is a growing city in Mississippi with a population of 48,292. The current 30-year fixed mortgage rate in Hattiesburg is 6.75%, which is 0.1% above the national average. With a median home price of $155,000 and a 20% down payment of $31,000, homebuyers can expect a monthly principal and interest payment of approximately $804.
Current Mortgage Rates in Hattiesburg, MS
Below are the current average mortgage rates available in the Hattiesburg 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.35% | 6.25% | +0.1% |
| VA | 6.15% | 6.05% | +0.1% |
| Jumbo | 6.95% | 6.85% | +0.1% |
Hattiesburg Housing Market Overview
The Hattiesburg housing market offers relatively affordable housing compared to many major cities. The median household income in Hattiesburg is $35,250, and the cost of living index is 82.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $38,871 to comfortably afford the median-priced home in Hattiesburg, which exceeds the current median household income.
Monthly Payment Breakdown for Hattiesburg
Based on the median home price of $155,000 with 20% down ($31,000), here is what you can expect to pay monthly in Hattiesburg:
15-Year vs. 30-Year Mortgage in Hattiesburg
Choosing a 15-year mortgage in Hattiesburg at 5.99% instead of a 30-year at 6.75% would save you $101,160 in total interest over the life of the loan. However, your monthly payment would be $1,046 instead of $804 — an increase of $242 per month.
Calculate Your Hattiesburg 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 Hattiesburg
What are the current mortgage rates in Hattiesburg, MS?
As of March 2026, the average 30-year fixed mortgage rate in Hattiesburg, Mississippi is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.35% and VA loans 6.15%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Hattiesburg?
Based on the median home price of $155,000 with 20% down, the estimated monthly mortgage payment in Hattiesburg is $804 for principal and interest. Including property taxes of $103/month, the total monthly housing cost is approximately $907.
What income do I need to buy a home in Hattiesburg?
Using the 28% rule, you would need an annual income of approximately $38,871 to afford the median-priced home in Hattiesburg at $155,000. The median household income in Hattiesburg is $35,250. This means most households would need to either earn above the median or consider homes below $155,000.
Is Hattiesburg a good place to buy a home in 2026?
Hattiesburg offers a below-average cost of living with a cost of living index of 82.5 (national average = 100). The property tax rate in Mississippi is 0.8%, which is below the national average. Hattiesburg has a population of 48,292 and offers a very affordable lifestyle.
Mortgage Rates in Other Mississippi Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Hattiesburg, Mississippi area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.