What are Today’s Current Mortgage Rates? Good time to refinance?

June 9, 2008

Today’s Current Mortgage Rates,  Austin | Houston | Dallas

http://www.mylendingplace.com, helping all of Texas buy or refinance their home loans.   Phone is 512-996-8194

Even with the recent economic report showing unemployment raising to 5.5%, mortgage rates have remained the same. 

Today’s 30 year mortgage rate is 6.375% and the 15 year is 6.00%.  

 This morning (June 9) the 15 year home loan rate was 5.875%.

Texas Mortgage Refinance Application 

30-Year Fixed Rate6.375% 6.606%
20-Year Fixed Rate 6.375% 6.680%
15-Year Fixed Rate 6.000% 6.378%
5-Year ARM Rate 5.625% 5.768%

Texas Jumbo Home Loans – Amounts that exceed conforming loan limits $417,000

30-Year Fixed Rate 7.625% 7.787%
15-Year Fixed Rate 6.750% 7.001%

http://biz.yahoo.com/ap/080609/oil_prices.html (Are gas prices hurting or helping mortgage rates?)

Posted in Today's Mortgage Rates Texas