[New] WS ROUNDUP

researchers at Construction Coverage analyzed the latest data from the 2021 Home Mortgage Disclosure Act, according to Inforney.com. The researchers ranked states according to the share of all fixed-rate mortgages with less than a 3.0% interest rate. Researchers also calculated the share of 30-year and 15-year mortgages with less than a 3.0% rate, and the median interest rate across all fixed-rate mortgages.

The analysis found that 39.4% of fixed-rate mortgages in Texas had interest rates lower than 3.0% in 2021, compared to 41.6% in the entire U.S. Further, the analysis found that 38.9% of 30-year mortgages had less than a 3.0% rate (40.5% nationally), 71.0% of 15-year mortgages had less than a 3% rate (80.2% nationally) and 3.1% had the median interest rate across all fixed-rate mortgages, matching the national average.