Mortgage Rates in Shreveport, Louisiana — March 2026
Updated March 2026 | Based on Shreveport market data and regional lending conditions
Shreveport is a growing city in Louisiana with a population of 187,593. The current 30-year fixed mortgage rate in Shreveport is 6.73%, which is 0.08% 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 $803.
Current Mortgage Rates in Shreveport, LA
Below are the current average mortgage rates available in the Shreveport 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.33% | 6.25% | +0.08% |
| VA | 6.13% | 6.05% | +0.08% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Shreveport Housing Market Overview
The Shreveport housing market offers relatively affordable housing compared to many major cities. The median household income in Shreveport is $38,750, and the cost of living index is 84.5 (national average = 100). Based on the 28% affordability rule, the median income in Shreveport is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Shreveport
Based on the median home price of $155,000 with 20% down ($31,000), here is what you can expect to pay monthly in Shreveport:
15-Year vs. 30-Year Mortgage in Shreveport
Choosing a 15-year mortgage in Shreveport at 5.97% instead of a 30-year at 6.73% would save you $101,160 in total interest over the life of the loan. However, your monthly payment would be $1,044 instead of $803 — an increase of $241 per month.
Calculate Your Shreveport 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 Shreveport
What are the current mortgage rates in Shreveport, LA?
As of March 2026, the average 30-year fixed mortgage rate in Shreveport, Louisiana is 6.73%, while the 15-year fixed rate is 5.97%. FHA loans average 6.33% and VA loans 6.13%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Shreveport?
Based on the median home price of $155,000 with 20% down, the estimated monthly mortgage payment in Shreveport is $803 for principal and interest. Including property taxes of $71/month, the total monthly housing cost is approximately $874.
What income do I need to buy a home in Shreveport?
Using the 28% rule, you would need an annual income of approximately $37,457 to afford the median-priced home in Shreveport at $155,000. The median household income in Shreveport is $38,750. The median income is currently sufficient to meet this threshold.
Is Shreveport a good place to buy a home in 2026?
Shreveport offers a below-average cost of living with a cost of living index of 84.5 (national average = 100). The property tax rate in Louisiana is 0.55%, which is below the national average. Shreveport has a population of 187,593 and offers a very affordable lifestyle.
Mortgage Rates in Other Louisiana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Shreveport, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.