Houston Mortgage Refinance: What are the average mortgage refinance rates in Houston?

Houston Mortgage Refinance: What are the average mortgage refinance rates in Houston?

Houston mortgage refinance rates increased slightly over the past week, moving up from the average Texas 30-year fixed mortgage rates at 4.50% last week to this week’s average at 4.62%. The average for Texas 15-year fixed mortgage rates remain at 3.87%.  Mortgage refinance rates are still at record lows giving you the opportunity to save money by refinancing your existing mortgage.

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Houston Mortgage Refinance Rates as of 07/14/2010
Mortgage Rates                                           Interest Rate  APR 
Texas Conforming Home Loans and FHA Home Loans: 
30-Year Fixed Mortgage Rates              4.625%     4.812%
30-Year Fixed FHA Mortgage Rates   4.625%      5.364%
15-Year Fixed Mortgage Rates               3.875%     4.195%

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