West Virginia Mortgage Rates Today — Compare WV Lenders
The average 30-year fixed mortgage rate in West Virginia is currently 6.45% APR. West Virginia has among the lowest home prices of any US state, making homeownership very accessible. Compare today’s rates from top West Virginia lenders across all major loan types below.
West Virginia Mortgage Rate Comparison Table
Rates below assume a 740+ credit score, 20% down payment, and a $180,000 loan on a single-family primary residence in West Virginia.
| Loan Type | Interest Rate | APR | Best For |
|---|---|---|---|
| 30-Year Fixed | 6.45% | 6.45% | Most Popular |
| 15-Year Fixed | 5.80% | 5.80% | Pay off faster, save interest |
| 5/1 ARM | 6.57% | 6.57% | Short-term owners |
| FHA 30-Year | 6.13% | 6.13% | Low down payment |
| VA 30-Year | 5.97% | 5.97% | Veterans & military |
| 30-Year Refinance | 6.57% | 6.57% | Existing homeowners |
Rates sourced from lender survey data and updated regularly. Actual rates vary by lender and borrower profile. See disclaimer.
Understanding Mortgage Rates in West Virginia
West Virginia offers exceptional housing affordability with median home prices among the lowest in the US. Morgantown — home of West Virginia University — is the most active and competitive market in the state. The state’s natural beauty and very low cost of living attract buyers seeking value.
Charleston, the state capital, and Huntington offer stable employment-anchored markets. The state’s proximity to Pittsburgh, Washington DC, and other major metros makes some areas attractive for commuters seeking affordability.
What Affects Your West Virginia Mortgage Rate?
Several key factors influence the rate a West Virginia lender will offer you: your credit score (740+ gets the best rates), your down payment (20%+ eliminates PMI), your loan type (VA and FHA often beat conventional), and broader market conditions driven by the Federal Reserve and Treasury yields. Always compare at least 3–5 lenders — the spread between best and worst rate can be 0.5–1.0%.