Texas Mortgage Rates | 30-Year Fixed Averages

TX MORTGAGE RATES • UPDATED APRIL 2026

Current 30-Year Mortgage Rates in Texas

Compare today's 30-year fixed mortgage rates across Texas. Find the best TX lenders, understand South Central market trends, and explore rates in top Texas cities.

$335,000
Median Home Price
6.65%
Avg 30-Yr Rate
South Central
Market Region
Quick Answer

As of April 2026, the average 30-year fixed mortgage rate in Texas is approximately 6.65%, based on national survey data from Freddie Mac. Texas rates typically track within 0.125–0.25% of the national average depending on local South Central market conditions. The median home price in Texas is approximately $335,000, making the estimated monthly principal and interest payment around $1,400–$2,200 depending on down payment and exact rate.

Current Texas Mortgage Rate Comparison

Compare average mortgage rates available to Texas borrowers. Rates are based on national averages from Freddie Mac and may vary by lender, credit score, and loan amount.

Loan TypeRateAPREst. Payment
30-Year Fixed6.65%6.82%$1,925/mo
15-Year Fixed5.90%6.12%$2,585/mo
FHA 30-Year6.25%7.15%$1,845/mo
VA 30-Year6.15%6.38%$1,815/mo
Jumbo 30-Year6.85%7.02%$2,125/mo

Texas Regional Mortgage Market Overview

Mortgage rates and home prices vary across Texas's diverse regions. Understanding local market dynamics helps borrowers find the best rates.

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South Central Metro Areas

MAJOR METRO MARKETS

Urban centers in Texas typically see higher home values with competitive mortgage rates due to lender competition and strong employment markets.

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Suburban TX Markets

SUBURBAN GROWTH CORRIDORS

Suburban areas around Texas's major cities offer a balance of competitive rates and more affordable home prices compared to urban cores.

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Rural Texas

SMALL TOWN & RURAL

Rural Texas communities may qualify for USDA Rural Development loans with zero down payment, offering significant savings for eligible buyers.

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Texas Growth Areas

EMERGING MARKETS

Fast-growing areas in Texas often feature new construction opportunities with builder-subsidized rate buydowns and incentive programs.

What Makes the Texas Mortgage Market Unique

Understanding Texas's local housing dynamics helps borrowers make smarter decisions about 30-year fixed mortgages in the South Central region.

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Local TX Economy

The Texas economy influences mortgage availability, with local employment trends affecting both rates and qualification standards for TX borrowers.

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Texas Market Trends

Texas's housing market reflects broader South Central trends. Local inventory levels, days on market, and price appreciation all affect mortgage timing decisions.

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TX Tax Benefits

Texas's property tax structure and any state-specific mortgage interest deductions can significantly impact the total cost of homeownership for TX residents.

Key Factors Affecting Texas Mortgage Rates

Several factors determine the mortgage rate you'll receive in Texas. Understanding these helps you secure the best possible rate.

Credit Score Impact in TX

Your credit score is the single biggest factor in your Texas mortgage rate. Borrowers with 740+ scores typically get rates 0.5-1% lower than those with 680 scores. Check your score before applying.

Down Payment & TX LTV

A larger down payment reduces your loan-to-value ratio in Texas, potentially eliminating PMI and securing a lower rate. 20% down is ideal but FHA loans allow as low as 3.5%.

Texas Lender Competition

Shopping multiple Texas lenders can save 0.25-0.5% on your rate. Compare at least 3-4 TX-licensed lenders including banks, credit unions, and mortgage brokers.

Rate Lock Timing in TX

Lock your Texas mortgage rate when you find a good one. Rate locks typically last 30-60 days. Longer locks may cost slightly more but protect against market volatility.

Homebuyer Programs Available in Texas

Texas offers several programs to help residents achieve homeownership with competitive rates and down payment assistance.

Texas Housing Finance Authority — The state HFA offers below-market-rate mortgages and down payment assistance for qualifying TX first-time homebuyers.

FHA Loans in Texas — Federal Housing Administration loans are popular in Texas with just 3.5% down payment and flexible credit requirements for TX borrowers.

VA Loans for TX Veterans — Eligible Texas veterans and active-duty service members can access VA loans with zero down payment and no PMI requirement.

Frequently Asked Questions About Texas Mortgage Rates

What is the current 30-year mortgage rate in Texas?+

The average 30-year fixed mortgage rate in Texas is approximately 6.65% as of April 2026, based on Freddie Mac survey data. Your actual rate depends on credit score, down payment, loan amount, and lender. Shopping multiple TX lenders typically saves borrowers 0.25-0.5% on their rate.

How do Texas mortgage rates compare to the national average?+

Texas mortgage rates generally track within 0.125-0.25% of the national average. The South Central market conditions, local lender competition, and Texas's economic factors can cause slight variations from national benchmarks.

What credit score do I need for the best TX mortgage rates?+

For the best mortgage rates in Texas, aim for a credit score of 740 or higher. Borrowers with scores of 760+ receive the absolute best rates. FHA loans in Texas accept scores as low as 580 with a 3.5% down payment.

Are there first-time homebuyer programs in Texas?+

Yes, Texas offers several first-time homebuyer programs through the state Housing Finance Authority, including below-market rate mortgages and down payment assistance. Federal programs like FHA and USDA loans are also available to TX buyers.

Should I choose a 30-year or 15-year mortgage in Texas?+

A 30-year fixed mortgage offers lower monthly payments, ideal for Texas buyers who want payment flexibility. A 15-year fixed saves significantly on total interest but requires higher monthly payments. Most TX borrowers choose 30-year for the payment stability.

Key Takeaways for Texas Home Buyers

  • The average 30-year fixed rate in Texas is approximately 6.65% as of April 2026, competitive with the South Central average.
  • Shopping at least 3-4 TX-licensed lenders can save you 0.25-0.5% on your mortgage rate.
  • Texas homebuyer programs through the state HFA offer down payment assistance and below-market rates for qualifying buyers.
  • Your credit score, down payment, and loan type are the biggest factors in your Texas mortgage rate — optimize these before applying.

Information provided is for educational purposes only and does not constitute financial advice. Mortgage rates shown are based on national and regional averages from public sources including Freddie Mac and the Mortgage Bankers Association. Actual rates vary based on credit score, loan amount, down payment, and lender. Featured lender placements are paid advertisements and do not imply endorsement. NMLS Consumer Access: nmlsconsumeraccess.org. Equal Housing Opportunity.