In the sixth year the interest rates, and therefore the payments, are adjusted every five years for the 5/5 arm and every year for the 5/1 arm. fixed rate mortgage mortgage refinancing in Texas In some instances, refinancing your current mortgage loan can help you lower your mortgage payment.
Mortgage Rates in Texas – Current rates in Texas are 4.24% for a 30-year fixed, 3.75% for a 15-year fixed, and 4.05% for a 5/1 adjustable-rate mortgage (arm). Learn more about today’s mortgage rates. Compare and lock-in. Easy Mortgage Approval Bad Credit.
Current rates in Texas are 3.74% for a 30-year fixed, 3.24% for a 15-year fixed, and 4.14% for a 5/1 adjustable-rate mortgage (ARM). Learn more about today’s mortgage rates.
Lowest Home Mortgage Rates Today 15 Yr Fha Mortgage Rates Advantages of a 15 Year Fixed Mortgage. When you take out a 15 year fixed mortgage, you get to enjoy the exact same interest rate for the lifetime of the loan. That means if the rate is 4% when you take out the loan, it stays at 4% for the next 15 years. That gives you predictability and peace of mind.