Houston Mortgage Rates

Find the lowest rates on residential home loans in Houston, Texas.   Compare mortgage rates from up to 5 mortgage lenders serving Houston, who are willing to compete for your business.

About Houston, Texas

Median resident age in Houston: 30.9 years
Median household income in Houston: $36,616 (year 2000)
Median house value in Houston: $79,300 (year 2000)

 

Housing units in Houston with a mortgage: 185,615 (8,870 2nd Mortgage, 10,034 home equity loan, 284 both second mortgage and home equity loan)
Houses without a mortgage: 109,919

 

Single-family new house construction building permits in Houston, Texas:
  • 1996: 2779 buildings, average cost: $133,900
  • 1997: 3589 buildings, average cost: $142,400
  • 1998: 3978 buildings, average cost: $155,400
  • 1999: 4089 buildings, average cost: $161,400
  • 2000: 4680 buildings, average cost: $158,800
  • 2001: 4366 buildings, average cost: $137,500
  • 2002: 4547 buildings, average cost: $125,800
  • 2003: 5552 buildings, average cost: $129,500
  • 2004: 6083 buildings, average cost: $135,200

Shopping for the best Houston mortgage loan is important. Rising mortgage rates make fixed rate mortgages more attractive especially considering that rates are still very good compared to historical averages.  Compare mortgage rates today and save money.

Other Texas Mortgage Resources
Texas Mortgage Bankers Association
823 Congress Avenue, Suite 220
Austin, TX 78701
Phone: (512) 480-8622
Fax: (512) 480-8621

Texas Home Equity Lending Laws

For Free Home & Auto Insurance Quotes
call toll free (877) 633-3800



Mortgage Types
Adjustable Rate Mortgage
2nd Mortgage
Reverse Mortgage
FHA Loan
Fixed Rate Mortgage
Interest-only Loan
Refinance