Table of Contents
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 Type | Rate (%) |
|---|---|
| 30 Year Fixed Purchase | 6.86 |
| 30 Year Fixed Refinance | 6.963 |
30-Day Rate Trend in Texas
Texas Purchase Rates
| Mortgage Type | Rate (%) |
|---|---|
| 15 Year Fixed Purchase | 6.102 |
| 15 Year fixed Jumbo Purchase | 7.412 |
| 30 Year Fixed Purchase | 6.86 |
| 30 Year Fixed Jumbo Purchase | 7.35 |
Texas Refinance Rates
| Mortgage Type | Rate (%) |
|---|---|
| 15 Year Fixed Refinance | 6.094 |
| 15 Year fixed Jumbo Refinance | 7.535 |
| 30 Year Fixed Refinance | 6.963 |
| 30 Year Fixed Jumbo Refinance | 7.381 |
Texas ARM Rates
| Mortgage Type | Rate (%) |
|---|---|
| 5/6 ARM SOFR Purchase | 7.021 |
| 5/6 ARM SOFR Refinance | 7.113 |
| 5/6 ARM Jumbo SOFR Purchase | 6.633 |
| 5/6 ARM Jumbo SOFR Refinance | 6.667 |
Most Common Mortgage Types in Texas
- Conventional: 266,864 loans
- FHA: 71,335 loans
- VA: 45,950 loans
- USDA: 1,809 loans
» MORE: See today’s refinance rates
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.