User:RahalMccall69

@@@ Six of the 10 best states for affordable mortgage rates are located in the Northeast, including Massachusetts and Pennsylvania. Conversely, six of the 10 worst states for mortgage rates are located in the Midwest and Northwest, including Oklahoma and Indiana. The average mortgage rate in the United States is 3.747%.

To see the 10 cheapest states for financing a home, go to .
Regionally, factors like borrower demand, local property values and unemployment play a part in mortgage rate variation.  Additionally, closing costs are an often overlooked mortgage rate influence, Matt Shibata, a CFA and portfolio manager, told GOBankingRates. 
"Closing costs have lots of regional variations based in state and county laws, fees, and taxes. These closing cost differences are  the main drivers of the regional variation people see in mortgage rates, since they impact the APR, which is the format that lenders must quote in," Shibata said.
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Methodology: GOBankingRates surveyed mortgage rates for all 50 states and the District of Columbia using data from . The study looked at more than 102,000 15-year fixed, 30-year fixed and five-year adjustable-rate mortgage products to find the weighted average for each state and the District of Columbia. 
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