Mortgage rates dropped significantly as fears about the global economy have been ratcheted by America’s deepening trade dispute with China. The average rate for a 30-year fixed-rate mortgage is now.
That dropped from 3.68% to 3.63%. The 15-year fixed rates are now at 3.33%. The 5/1 ARM mortgage for Texas is now at 4.13%. If you’re looking for Texas mortgage rates or refinance rates to fund a home purchase loan, mortgage refinance, or even a home equity loan or second mortgage in Texas, you’ve come to the right place.
What are today’s current mortgage rates? On August 9th, 2019, the average rate on the 30-year fixed-rate mortgage is 3.97%, the average rate for the 15-year fixed-rate mortgage is 3.5%, and the.
That 15-basis point drop means that another 1.5 million borrowers would benefit from a refinance at the current mortgage rate, new analysis from Black. He is a graduate of University of North Texas.
Mortgage rates fluctuate daily and also vary from lender to lender. That’s why it’s important to reach out to at least three lenders on the same day, allowing you to accurately compare rates from one financial institution to the next.