Texas Mortgage and Refinance Rates

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Current Texas Mortgage Rates

The average mortgage rates in Texas for September 24, 2023 are 6.86% for purchasing a home and 6.963% for refinancing a home.

Mortgage TypeRate (%)
30 Year Fixed Purchase6.86
30 Year Fixed Refinance6.963

30-Day Rate Trend in Texas

Texas Purchase Rates

Mortgage TypeRate (%)
15 Year Fixed Purchase6.102
15 Year fixed Jumbo Purchase7.412
30 Year Fixed Purchase6.86
30 Year Fixed Jumbo Purchase7.35

Texas Refinance Rates

Mortgage TypeRate (%)
15 Year Fixed Refinance6.094
15 Year fixed Jumbo Refinance7.535
30 Year Fixed Refinance6.963
30 Year Fixed Jumbo Refinance7.381

Texas ARM Rates

Mortgage TypeRate (%)
5/6 ARM SOFR Purchase7.021
5/6 ARM SOFR Refinance7.113
5/6 ARM Jumbo SOFR Purchase6.633
5/6 ARM Jumbo SOFR Refinance6.667

Most Common Mortgage Types in Texas

  • Conventional: 266,864 loans
  • FHA: 71,335 loans
  • VA: 45,950 loans
  • USDA: 1,809 loans

Top Purchase Lenders in Texas by Volume

  • DHI Mortgage Company, Ltd.: 18,196 loans
  • Rocket Mortgage, LLC: 13,943 loans
  • Fairway Independent Mortgage Corporation: 12,296 loans
  • Lennar Mortgage, LLC: 8,855 loans
  • Loandepot.com, LLC: 7,797 loans
  • Everett Financial, Inc.: 7,308 loans
  • Mortgage Research Center, LLC: 7,036 loans
  • Primelending, A Plainscapital Company: 6,682 loans
  • 21st Mortgage Corporation: 6,394 loans
  • Amcap Mortgage, Ltd.: 6,293 loans

Top Refinance Lenders in Texas by Volume

  • Rocket Mortgage, LLC: 4,694 loans
  • Nationstar Mortgage LLC: 2,336 loans
  • Pennymac Loan Services, LLC: 2,089 loans
  • Wells Fargo Bank: 1,918 loans
  • JPMorgan Chase Bank: 1,693 loans
  • Freedom Mortgage Corporation: 1,630 loans
  • American Advisors Group: 1,379 loans
  • Loandepot.com, LLC: 1,293 loans
  • Bank Of America: 1,281 loans
  • Royal United Mortgage LLC: 1,082 loans

Top purchase and refinance lenders and usage statics are for retail (direct to consumer) lenders and made available through lender reporting from the 2022 Home Mortgage Disclosure Act (HMDA).

Texas mortgage rate data in the charts and tables above comes from RateUpdate.com. The displayed rates come from multiple providers and represent market averages. Your mortgage rate will differ based on individual factors like your credit score as well as differing loan types and terms offered by lenders.

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