Mortgage Rates Texas: What are the home refinance rates in Austin? Are you interested in the near record low Texas refinance rates? Have you been thinking of refinancing your home mortgage to get a better rate? Would you like to change your Adjustable Rate Mortgage to a Fixed Rate Mortgage while mortgage refinance rates are still low? We can guide you through the process of choosing and getting the best mortgage loan and mortgage rate that meet your needs and goals. We’re a local Austin mortgage company that can help you today! Give us a call today!
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Texas Mortgage Rates in Austin as of 04/25/2009 
Mortgage Rate Interest Rate APR
Texas Conforming Home Loans:
30-Year Fixed Mortgage Rate 4.750% 4.960%
20-Year Fixed Mortgage Rate 5.000% 5.289%
15-Year Fixed Mortgage Rate 4.625% 4.989%
Texas Jumbo Home Loans: (Amounts that exceed $417,000)
30-Year Fixed Mortgage Rate 6.250% 6.399%
Texas FHA Home Loans: (loan limits vary by county)
30-Year Fixed Mortgage Rate 5.000% 5.645%
Home Mortgage Rates Inch Up
The 30-year fixed hits 5.23% last week, bouncing off lows.
http://money.cnn.com/2009/04/23/news/economy/mortgage_rates/index.htm
NEW YORK (CNNMoney.com) — Home mortgage rates were slightly higher this week, jumping from near record-lows last week, according to a report released Thursday.
The average 30-year fixed mortgage rate jumped to 5.23%, up from 5.18% the previous week, according to Bankrate.com’s weekly national survey. http://mylendingplace.com/mortgage-rates/
Even with the increase, rates remain at historic lows, the report said. Rates have plunged since late October, when 30-year fixed home mortgage rates averaged 6.77%.
“Mortgage refinance rates have been comparatively tame in recent weeks, but one exception has been the jumbo mortgage market,” the report said. 
Jumbo loans are considered too large to be purchased or guaranteed by Fannie Mae and Freddie Mac, and they carry higher rates than smaller “conforming” loans that do carry guarantees.
“Mortgage rates are still higher than they would be in a normal credit environment, but with the slowly thawing credit markets the spread between conforming and jumbo rates has narrowed to levels last seen in Nov. 2008,” the report said.
http://www.mortgagenewsdaily.com/04232009_fixed_rates_drop_below_arms.asp
Six months ago, the average 30-year fixed mortgage rate was 6.32%, meaning a $200,000 loan would have carried a monthly payment of $1,240.55. With the average 30-year fixed mortgage rate now at 5.23%, the monthly payment for the same size loan would be $1,101.93, meaning homeowners who refinance now would save more than $140 per month.
http://www.bankrate.com/finance/mortgages/mortgage-analysis.aspx
Other mortgage rates: The average 15-year fixed rate mortgage ticked up to 4.75% from 4.72% the week prior.
The average jumbo 30-year fixed rate dropped sharply to 6.52% from 6.69% the week prior.
Adjustable rate mortgages were “all over the map,” the report said, with the average 1-year ARM rising to 5.32% while 5/1 ARMs fell to 5.11%.
Interested in Houston Mortgage Rates? VISIT: http://houstonhouse.net/mortgage-rates/ Or CALL: 713- 589-2244
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Texas Mortgage Rates
Texas Mortgage Loan Rates in Austin as of 06/26/2009 
Texas Mortgage Refinance Home Equity Loans
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