Texas Mortgage and Refinance Rates

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Current Texas Mortgage Rates

Average market rates for April 17, 2024 in Texas are 7.19% for 30-year fixed purchase and 7.26% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase7.19%7.22%
30-year Fixed Refinance7.26%7.29%
Rates based on market averages as of Apr 16, 2024.
ProductRateAPR
30-year Fixed Purchase7.19%7.22%
30-year Fixed Refinance7.26%7.29%
Rates based on market averages as of Apr 16, 2024.

Texas Purchase Rates

ProductRateAPR
15-year Fixed Purchase6.38%6.43%
15-year Fixed Jumbo Purchase7.12%7.17%
30-year Fixed Purchase7.19%7.22%
30-year Fixed Jumbo Purchase7.13%7.16%
Rates based on market averages as of Apr 16, 2024.

Texas Refinance Rates

ProductRateAPR
15-year Fixed Refinance6.36%6.41%
15-year Fixed Jumbo Refinance7.15%7.19%
30-year Fixed Refinance7.26%7.29%
30-year Fixed Jumbo Refinance7.13%7.16%
Rates based on market averages as of Apr 16, 2024.

Texas ARM Rates

ProductRateAPR
5/6 Arm (purchase)7.62%7.66%
5/6 Arm (refinance)7.63%7.68%
5/6 Jumbo Arm (purchase)6.99%7.00%
5/6 Jumbo Arm (refinance)7.01%7.02%
Rates based on market averages as of Apr 16, 2024.

How we source rates and rate trends

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 Cash-Out Refinance Lenders in Texas by Volume

  • Rocket Mortgage, LLC: 15,274 loans
  • Nationstar Mortgage LLC: 4,610 loans
  • Loandepot.com, LLC: 4,047 loans
  • Wells Fargo Bank: 3,301 loans
  • Randolph-brooks Federal Credit Union: 3,255 loans
  • Credit Union Of Texas: 2,861 loans
  • Pennymac Loan Services, LLC: 2,620 loans
  • JPMorgan Chase Bank: 2,400 loans
  • Freedom Mortgage Corporation: 1,827 loans
  • Aspire Financial, Inc.: 1,731 loans

How we source lender data

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