Houston Mortgage Refinance:Â Texas Mortgage Rates Fall in Houston
Now that Houston’s mortgage rates hit a five-week low, new homebuyers and current homeowners wanting to refinance should consider taking advantage of these low mortgage rates. According to analysts, the mortgage market is likely to steadily increase over the course of the year. The 30-year fixed rate mortgage average is around 5% and the 15-year  fixed rate mortgage average is well below 5%.
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Houston Mortgage Refinance Rates as of 04/19/2010
Mortgage Rates                               Interest Rate   APRÂ
Texas Conforming Home Loans and FHA Home LoansÂ
30-Year Fixed Mortgage Rates           5.000%   5.191%
30-Year Fixed FHA Mortgage Rates 5.125%Â Â Â Â 5.897%
15-Year Fixed Mortgage Rates           4.250%    4.573%
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