Texas Mortgage Loans: Texas 15-year fixed mortgage loan rates drop
Texas Mortgage Loans: Texas 15-year fixed mortgage loan rates drop Are you interested in the current low Texas 15-year fixed mortgage rates? We’re a local Austin mortgage lender that can offer you the lowest mortgage rates and the lowest closing costs. Give us a call today! Austin: 512-996-8194 Houston: 713-589-2244
Current Texas Mortgage Loan Rates in Austin as of 06/29/2009
Mortgage Rates Interest Rate APR 
Texas Conforming Home Loans and FHA Home Loans
Current 30-Year Fixed Mortgage Rates 5.375% 5.571%
Current 30-Year Fixed FHA Mortgage Rates 5.500% 6.245%
Current 15-Year Fixed Mortgage Rates 4.875% 5.204%
Texas Conforming Home Loans and FHA Home Loans:
(Larger Loan Amounts in Eligible Areas)
Current 30-Year Fixed Mortgage Rates 5.500% 5.643%
Current 30-Year Fixed FHA Mortgage Rates 5.750% 6.451%
Texas Jumbo Home Loans:
(Amounts that exceed $417,000)
Current 30-Year Fixed Mortgage Rates 6.250% 6.399%
Texas Mortgage Refinance Home Equity Loans
30-year fixed mortgage rate up slightly; other rates dip
http://www.dailyrecord.com/article/20090628/BUSINESS/906280309/1003
The benchmark 30-year fixed-rate mortgage edged up four basis points to 5.8 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in last week’s survey had an average total of 45 discount and origination points. One year ago, the mortgage index was 6.62 percent; four weeks ago, it was 5.45 percent. http://www.bankrate.com/mortgage.aspx
Also in Bankrate’s weekly survey, the benchmark 15-year, fixed-rate mortgage dipped three basis points to 5.16 percent. The benchmark 5/1 adjustable-rate mortgage declined 11 basis points, to 5.26 percent.
The previous week’s dip in mortgage rates appears to have spurred both new mortgage and mortgage refinance activity, with applications increasing a seasonally adjusted 6.6 percent for the week ending June 19, according to the Mortgage Bankers Association. http://www.mylendingplace.com/mortgage-rates/
When compared with one week earlier, applications for new purchases jumped 7.3 percent, the biggest one-week percentage gain since early April. Refinance activity increased 5.9 percent. Last week’s rise follows four weeks of sharp declines in mortgage activity.
Interested in Houston’s mortgage loan rates? Give us a call: 713-589-2244
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