Texas Banking Rates

Best Texas New Home Mortgage Rates – October 26, 2010

Texas home loan rates are in line with the rest of the country. It’s a good time to buy if you’re looking to commit long term, have stable employment and a decent down payment amount. Texas real estate has not dropped as much as the rest of the country and could already be on its way up.

Texas Mortgage Loan Rate: $300,000

American Financial Resources Inc 30 Year fixed rate at 4.125% with an estimated monthly payment of $1,454
AIG Bank 15 Year fixed rate at 3.75% with an estimated monthly payment of $2,182
ING Direct 5/1 Year ARM at 3.125% with an estimated monthly payment of $1,285

Texas Home Loan Rate: $400,000

Quicken Loans 30 Year fixed rate at 4.250% with an estimated monthly payment of $1,968
Guaranteed Rate 30 Year fixed rate at 4.0% with an estimated monthly payment of $1,910
ING Direct 7/1 Year ARM at 3.375% with an estimated monthly payment of $1,768

Texas Home Mortgage Rate: $500,000

Affiliated Financial Group 30 Year fixed rate at 4.5% with an estimated monthly payment of $2,533
Quicken Loans 30 Year fixed rate at 4.25% with an estimated monthly payment of $2,460
AIG Bank 5/1 Year ARM at 3.75% with an estimated monthly payment of $2,316

Mortgage rates accurate as of publishing date and based on a loan amount of $300,000, $400,000 and $500,000. Please see the financial institution about any changes and additional fees.For more information on mortgage refer to our Texas Mortgage Rates page.