Mortgage Refinance Texas | Home Equity Loan Refinance | 30 year 15 year Mortgage Rate

May 16, 2008

Mortgage Refinance Texas  Rates| Texas | Home Equity Loan Refinance

We help people all over Texas buy or refinance homes.  Today’s mortgage rates ( Texas) are down this week.    The current 30 year mortgage rate is 5.875% and today’s 15 year mortgage rate is 5.5%.  In the past month the 30 year rate has gone bounced between 5.5%-6%.

If you would like to refinance an investment property or pull equity (cash out) out of your investment home please complete this mortgage application.

Or call us at 512-996-8194 and let’s discuss your goals.   There’s never an obligation to speak to us and we’ll even send you a free copy of your credit report.

Today’s Mortgage Rates:

40-Year Fixed 6.375% 6.573%
30-Year Fixed 5.875% 6.099%
20-Year Fixed 5.875% 6.174%
15-Year Fixed 5.500% 5.873%
Texas Jumbo Mortgage Loan– Amounts that exceed conforming loan limits of $417,000
40/30 Fixed-Rate Balloon 7.500% 7.647%
30-Year Fixed 7.125% 7.282%
15-Year Fixed 6.250% 6.498%

But we can do an 80/15 or even an 80/20 to avoid PMI and reduce the first loan so it’s under the jumbo limit.

If you’re considering a home equity loan refinance (to consolidate debt into one single payment) rates are much better than even the best credit card rate.   My typical cash out home loan client saves around $400/month-$600.

 Our office is 512-996-8194

Posted in Mortgage Refinance Texas