Kansas Mortgage Rates Today — Compare KS Lenders
The average 30-year fixed mortgage rate in Kansas is currently 6.46% APR. Kansas has no real estate transfer tax, reducing closing costs. The Kansas City metro spans both Kansas and Missouri. Compare today’s rates from top Kansas lenders across all major loan types below.
Kansas Mortgage Rate Comparison Table
Rates below assume a 740+ credit score, 20% down payment, and a $230,000 loan on a single-family primary residence in Kansas.
| Loan Type | Interest Rate | APR | Best For |
|---|---|---|---|
| 30-Year Fixed | 6.46% | 6.46% | Most Popular |
| 15-Year Fixed | 5.81% | 5.81% | Pay off faster, save interest |
| 5/1 ARM | 6.58% | 6.58% | Short-term owners |
| FHA 30-Year | 6.14% | 6.14% | Low down payment |
| VA 30-Year | 5.98% | 5.98% | Veterans & military |
| 30-Year Refinance | 6.58% | 6.58% | 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 Kansas
Kansas provides solid housing value with Wichita offering large homes at very competitive prices. The Kansas City metro — which spans both Kansas and Missouri — has Johnson County on the Kansas side ranking as one of the most desirable suburban markets in the Midwest.
Lawrence, home of the University of Kansas, offers a vibrant smaller city market. The state’s lack of real estate transfer tax reduces closing costs for buyers compared to many neighboring states.
What Affects Your Kansas Mortgage Rate?
Several key factors influence the rate a Kansas 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%.