Mortgage Rates in Moss Point, Mississippi — March 2026
Updated March 2026 | Based on Moss Point market data and regional lending conditions
Moss Point is a growing city in Mississippi with a population of 13,470. The current 30-year fixed mortgage rate in Moss Point is 6.61%, which is 0.04% below the national average. With a median home price of $124,000 and a 20% down payment of $24,800, homebuyers can expect a monthly principal and interest payment of approximately $634.
Current Mortgage Rates in Moss Point, MS
Below are the current average mortgage rates available in the Moss Point 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 | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Moss Point Housing Market Overview
The Moss Point housing market offers relatively affordable housing compared to many major cities. The median household income in Moss Point is $40,200, and the cost of living index is 81.3 (national average = 100). Based on the 28% affordability rule, the median income in Moss Point is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Moss Point
Based on the median home price of $124,000 with 20% down ($24,800), here is what you can expect to pay monthly in Moss Point:
15-Year vs. 30-Year Mortgage in Moss Point
Choosing a 15-year mortgage in Moss Point at 5.88% instead of a 30-year at 6.61% would save you $78,660 in total interest over the life of the loan. However, your monthly payment would be $831 instead of $634 — an increase of $197 per month.
Calculate Your Moss Point 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 Moss Point
What are the current mortgage rates in Moss Point, MS?
As of March 2026, the average 30-year fixed mortgage rate in Moss Point, Mississippi is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Moss Point?
Based on the median home price of $124,000 with 20% down, the estimated monthly mortgage payment in Moss Point is $634 for principal and interest. Including property taxes of $87/month, the total monthly housing cost is approximately $721.
What income do I need to buy a home in Moss Point?
Using the 28% rule, you would need an annual income of approximately $30,900 to afford the median-priced home in Moss Point at $124,000. The median household income in Moss Point is $40,200. The median income is currently sufficient to meet this threshold.
Is Moss Point a good place to buy a home in 2026?
Moss Point offers a below-average cost of living with a cost of living index of 81.3 (national average = 100). The property tax rate in Mississippi is 0.84%, which is near the national average. Moss Point has a population of 13,470 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 Moss Point, Mississippi area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.