Texas (TX) Mortgage Rates Today
Track mortgage interest rates in Texas. Current data, local market context, and a payment calculator for TX homebuyers.
Texas Housing Market Overview
Texas has no state income tax, which can offset higher property tax rates. Mortgage rates tend to track close to the national average.
Mortgage rates in Texas generally track the national average, with variations based on local lender competition, state-specific programs for first-time buyers, and regional economic conditions. The Houston metro area typically represents the most active housing market in the state.
Texas Mortgage Calculator
Mortgage Calculator
Estimate only. Does not include taxes, insurance, PMI, or HOA fees.
Frequently Asked Questions
What is the average mortgage rate in Texas?
The average 30-year fixed mortgage rate in Texas is approximately 6.78%. Actual rates depend on your credit score, down payment, loan amount, and lender.
What is the median home price in Texas?
The median home price in Texas is approximately $331,500. This varies significantly by city and region within the state.
How do TX mortgage rates compare to the national average?
Texas mortgage rates are generally close to the national average but can vary based on local lender competition, state regulations, and property tax levels.
Should I buy a home in Texas now?
The decision to buy depends on your personal finances, job stability, and how long you plan to stay. Texas's housing market has its own dynamics. Consult a local real estate professional.