Discover Bank
9,711 mortgages originated in 2025 across 38 states, and what they cost borrowers.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 9,711
- Median rate
- 8.680%
- Median lender fees
- —
- Median loan amount
- $75,000
- Median spread over APOR
- 2.110
- Paid discount points
- 0%
- Received lender credits
- 0%
- Purchases / refinances
- 2.9% / 21%
- Conventional / FHA / VA
- 100% / 0% / 0%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 100% of loans here — see methodology.
Where Discover Bank lent
States with at least 50 loans in 2025, ranked by volume.
| State | Loans | Median fees | Median rate |
|---|---|---|---|
| California | 813 | — | 8.580% |
| Florida | 771 | — | 8.620% |
| Texas | 649 | — | 8.440% |
| Illinois | 493 | — | 8.870% |
| New York | 467 | — | 8.650% |
| Georgia | 466 | — | 8.750% |
| New Jersey | 451 | — | 8.520% |
| Ohio | 397 | — | 8.940% |
| Pennsylvania | 392 | — | 8.610% |
| Virginia | 317 | — | 8.830% |
| North Carolina | 313 | — | 8.680% |
| Arizona | 305 | — | 8.620% |
| Tennessee | 290 | — | 8.525% |
| Indiana | 282 | — | 8.950% |
| Colorado | 256 | — | 8.675% |
| Michigan | 219 | — | 8.910% |
| Missouri | 214 | — | 8.660% |
| South Carolina | 204 | — | 8.765% |
| Massachusetts | 181 | — | 8.700% |
| Washington | 171 | — | 8.580% |
| Minnesota | 163 | — | 9.100% |
| Nevada | 157 | — | 8.730% |
| Wisconsin | 140 | — | 8.880% |
| Alabama | 129 | — | 8.870% |
| Oregon | 128 | — | 8.965% |
| Connecticut | 127 | — | 8.600% |
| Oklahoma | 126 | — | 8.945% |
| Kentucky | 110 | — | 8.770% |
| Arkansas | 109 | — | 8.600% |
| Kansas | 102 | — | 8.770% |
| Utah | 91 | — | 8.610% |
| Louisiana | 84 | — | 8.930% |
| Delaware | 76 | — | 8.650% |
| Nebraska | 72 | — | 8.765% |
| New Hampshire | 53 | — | 8.470% |
| New Mexico | 52 | — | 8.735% |
| Mississippi | 51 | — | 8.830% |
| West Virginia | 50 | — | 8.930% |