Texas mortgage data baseline
Rates combine Freddie Mac PMMS trends with lender submissions focused on Texas, so underwriting context stays accurate.
Benchmarks refresh in the week following each PMMS and MBA release.
State market spotlight
Texas mortgage outlook
Live rates, housing stats and lender programs covering metros such as Austin, Dallas-Fort Worth, and Houston.
Last updated: 2025-11-17
Median home price
$295,000
Conforming loan limit
$766,550
High-cost / jumbo threshold
$766,551
Compliance & privacy checklist
We surface anonymised lender ranges. Formal lock decisions still require disclosures from licensed loan officers.
Model your scenario
Calculate Texas payments with current rates
Blend local taxes, insurance and PMI expectations into a custom plan.
Data source
State-Level Mortgage Rate Estimates
Provider: Blend of Freddie Mac PMMS, Zillow Market Stats, and local MLS data · Updated: 2025-11-17 · Refresh cadence: Weekly sync with PMMS release
Coverage: 12 largest U.S. housing markets by population · Notes: Synced with PMMS release Nov 14
View methodologyPrimary datasets powering this state dashboard.
Mortgage data inputs
Freddie Mac PMMS
Weekly 30Y/15Y fixed averages anchor the headline rates we display.
View sourceMBA Weekly Applications Survey
Provides spreads, points, and lock activity filtered for lenders active in the region.
View sourceFederal Reserve H.15 / Treasury yields
Used to monitor MBS spreads and lock-strategy alerts relevant to Texas.
View sourceCadence: PMMS weekly, MBA weekly, H.15 daily.
Use local data with this four-step checklist.
Texas rate-planning workflow
1. Capture today’s baseline
Log statewide averages plus local taxes or insurance so payment estimates stay accurate.
2. Test lock/point scenarios
Model shorter lock periods, point buy-downs, and DPA stacking to see payment swings.
3. Compare active lenders
Stack credit unions, regionals, and digital lenders serving Texas to capture the spread.
4. Sync with your automation
Send the selected quote to mortgage/ROI/savings tools to schedule hedges, price changes, and reminders.
Case studies that connect local rates with planning tools.
How borrowers in Texas use this page
Pre-approval shopper
Balancing PMI thresholds and inventory crunch.
- •Timeline: Builder closing in Texas within 60 days while competition stays strong.
- •Plan: Use this dashboard to monitor spreads, then push the rate to the mortgage calculator for tax/insurance assumptions.
- •Result: Locked a 45-day commitment with lender credits and documented PMI removal at 80% LTV.
Refinance opportunist
Watching local credit unions vs. national banks.
- •Timeline: Needs sub-6.25% to break even on closing costs within two years.
- •Plan: Track averages here, then send the short list to the ROI calculator to decide how to deploy savings.
- •Result: Floated for two weeks, locked below target, and set AI reminders for future dips.
{stateName} rate tracker
Conventional, government-backed and specialty programs updated daily.
Conventional loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.75% | 6.85% | 0.25 |
| 15-year fixed | 6.13% | 6.20% | 0.13 |
FHA loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.38% | 6.95% | 0.38 |
VA loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.25% | 6.42% | 0.00 |
Jumbo loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.63% | 6.75% | 0.25 |
| 15-year fixed | 6.00% | 6.15% | 0.13 |
{stateName} metro snapshots
Median prices, inventory and demand drivers across leading cities.
Austin
Popular areas: Downtown, South Austin, and Round Rock
Low inventoryGrowing demand
Tech hiringCreative industriesUniversity anchor
Dallas-Fort Worth
Popular areas: Plano, Frisco, and Southlake
Balanced supplyGrowing demand
Logistics hubTech hiringFinancial services
Houston
Popular areas: The Heights, Sugar Land, and Woodlands
Ample listingsGrowing demand
Energy sectorPort activityHealthcare expansion
Local lender lineup
Credit unions, regional banks and digital shops serving {stateName}.
Statewide lender
Bank of Texas
Sample APR
6.85%
Min. down payment
Jumbo financingInvestment properties
Large branch networkRelationship pricing
Major metros
Fairway Independent Mortgage
Sample APR
6.82%
Min. down payment
New constructionSelf-employed borrowersVA experts
Local underwritingFast digital process
Credit union
Navy Army Credit Union
Sample APR
6.70%
Min. down payment
First-time buyersAffordable housing
Member benefitsLow lender fees
Assistance & incentive programs
Down payment assistance, tax credits and forgivable loans available statewide.
State program
TDHCA My First Texas Home
Benefits
- • Below-market fixed rates
- • 3%–10% down payment funds
Eligibility
- • First-time buyers only
- • Income limits apply
- • Homebuyer education required
Down payment assistance
Texas Heroes Program
Benefits
- • 3%–10% down payment funds
- • Closing cost grants
Eligibility
- • Frontline workers eligible
- • Must be owner-occupied
Market watchouts
- •Budget for higher property taxes in urban counties.
- •Coastal markets face stricter climate and flood underwriting.
Borrower tips
- •Lock rates once inspection clears to avoid surprise jumps.
- •Layer state assistance with lender credits to cut upfront cash.
Keep local rates, ROI, and savings plans aligned
Turn Texas insights into automated next steps
Export the selected quote to ROI or mortgage calculators to plan hedges, price increases, or cash reserves.
Illustrative rates only—verify with a licensed lender.
Important mortgage rate disclaimer
Displayed ranges blend PMMS, MBA submissions, and lender partners focused on Texas. Your final APR depends on credit, LTV, lock period, and points.
Markets move quickly. Float/lock strategies should include cushions for 0.125%-0.25% swings plus extension fees.
FutureValueCalc is not a lender. Always pair these benchmarks with Loan Estimate disclosures and local compliance guidance.