Texas Mortgage Refinance Rates Averaging 3.57 Percent on 30 Year Conforming Loans

Current mortgage rates for 30 year conforming loans in the state of Texas are averaging 3.57 percent. The average Texas mortgage rate is higher than the 30 year national average of 3.55 percent. Both the national 30 year mortgage rate and Texas 30 year mortgage rate are average rates, you can find lenders offering rates below the averages.

Right now on our 30 year mortgage refinance rates list for Texas there are lenders offering rates as low as 3.25 percent with 2 mortgage points. Mortgage Capital Associates and Bedrock Lending are both offering 30 year refinance rates in Texas at 3.25 percent with 2 points. If you rather not pay any points on a 30 year loan there are lenders on our Texas refinance rates list offering rates at 3.50 percent with no points.




15 year Texas mortgage interest rates are averaging 2.91 percent which is also higher than the national average 15 year mortgage rate of 2.90 percent. If you live in Texas and are checking on 15 year refinance rates you can one lender on our rate tables offering 15 year refinance mortgage rates as low as 2.38 percent with 1.785 points. Amerisave is the lender that is currently offering 15 year rates at 2.38 percent.

You can also find lenders offering 15 year refinance rates with zero points on our rate tables. Two lenders, Aim Loan and Amerisave are both offering 15 year refinance interest rates at 2.75 percent with no mortgage points. Search for the lowest refinance rates on 15 year loans in your state.

Texas jumbo mortgage rates on 30 year jumbo loans are averaging 4.32 percent. The current national average 30 year jumbo mortgage rate is 11 basis points less at 4.21 percent. Right now on our 30 year jumbo rates list for Texas you can find lenders offering jumbo refinance rates at 4.00 percent with no points.

15 year jumbo mortgage rates at the national level are averaging 3.42 percent. The average 15 year jumbo mortgage rate in Texas is higher averaging 3.50 percent. Right now Citi is offering 15 year jumbo refinance mortgage interest rates at an very good rate of 3.25 percent with no mortgage points.

Mortgage rates today on 5 year adjustable conforming loans are averaging 2.82 percent in Texas while the national average 5 year adjustable mortgage rate is higher at 2.88 percent. We have one lender, Amerisave, which is offering refinance rates today in Texas for 5 year adjustable loans at 1.63 percent with 1.96 points. Amerisave is also offering 5 year refi rates at 2.38 percent with no points.

Today's mortgage rates on 5 year jumbo loans are averaging 2.96 percent in Texas and the national average 5 year jumbo rate is at 2.85 percent. Right now on our 5 year jumbo refinance rates list in Texas Citi Mortgage is offering 5 year jumbo adjustable mortgage refinance rates at 2.63 percent with no points.
 
 
Author: Jason P. Jones
September 2nd, 2012
Posted in: Bank Mortgage Rates