Austin’s Current Mortgage Refinance Rates:   Call us today: 512-996-8194 we are a local mortgage company that offers “No Point” home loans.   We offer the lowest closing costs loans in Austin.  Remember, loan rates change everyday so call us today and get up-to-the-minute rates!

Mortgage Rates  (Feb. 5)            Interest Rate       APR                       

30-Year Fixed  Mortgage Rates:  5.500%        5.719%                       
20-Year Fixed  Mortgage Rates   6.000%        6.301%
15-Year Fixed  Mortgage Rates   5.375%        5.746%
Austin Jumbo Home Loans – Amounts that exceed $417,000 are jumbo
30-Year Fixed Mortgage Rates     6.625%        6.778%
5-Year ARM                                 6.000%        5.128%

Texas FHA – home loan limits vary by county. 
30-Year Fixed Mortgage Rates     6.000%        6.696%

Texas Mortgage Refinance Home Equity Loan              

Mortgage refinance rates have declined sharply in recent months. Here’s how to take advantage:

http://realestate.yahoo.com/promo/low-mortgage-rates-7-things-you-need-to-know-to-refinance.html

With mortgage rates dropping to record lows, it’s no surprise that more and more homeowners are looking to refinance. Earlier this month, the Mortgage Bankers Association’s refinance index–which tracks Read the rest of this entry »

Today’s Austin Current Mortgage Rates | Austin, Texas

30-Year Fixed Mortgage 5.75% 6.099%
20-Year Fixed Mortgage 5.750% 6.048%
15-Year Fixed Mortgage 5.625% 5.999%

Texas Jumbo Home Loans

30-Year Fixed Jumbo 8.500% 8.671%
15-Year Fixed Jumbo 7.750% 8.009%

Mortgage rates went down dramatically today when the Federal Government will take over Fannie Mae/Freddie Mac. 

 If you are looking at property or want to refinance (home equity loans Texas) now may be a great opportunity.

The 15 year mortgage rate is 5.25% whereas last week it was in the 6.00% range.   Read the rest of this entry »