Texas Banking Rates

Best Texas New Home Mortgage Rates for a $300,000 Loan – November 15, 2010

New home loans in Texas are offering buyers great rates and many options for a loan amount of $300,000. This week, there are several enticing offers from Texas mortgage lenders on 15 and 30 year fixed rate mortgages and option ARMs. Check out the best rates for the state in this week of November.

30 Year Mortgage Loan Rate: $300,000

American Financial Resources Inc 30 Year fixed rate at 4.0% with an estimated monthly payment of $1,432
CenturyPoint Mortgage 30 Year fixed rate at 4.125% with an estimated monthly payment of $1,454
Guaranteed Rate 30 Year fixed rate at 4.25% with an estimated monthly payment of $1,476

15 Year Home Loan Rate: $300,000

American Financial Resources Inc 15 Year fixed rate at 3.625% with an estimated monthly payment of $2,163
CenturyPoint Mortgage 15 Year fixed rate at 3.375% with an estimated monthly payment of $2,126

Option ARM Home Loan Rate: $300,000

ING Direct 5/1 Year ARM at 3.125% with an estimated monthly payment of $1,285
ING Direct 7/1 Year ARM at 3.375% with an estimated monthly payment of $1,326

Mortgage rates accurate as of publishing date and based on a loan amount of $300,000. Please see the financial institution about any changes and additional fees.For more information on mortgage refer to our Texas Mortgage Rates page.