Texas Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Texas. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

7.05%

Avg APR

15yr Fixed

6.45%

Avg APR

Median Price

$345,000

Median home

Monthly P&I

$1,840

30yr at 80% LTV

Top Mortgage Lenders in Texas

Rocket Mortgage

Online convenience

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30yr Fixed

15yr Fixed

6.4%

Min Down

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

Bank of America

Preferred Rewards

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30yr Fixed

15yr Fixed

6.4%

Min Down

loanDepot

Low down payment

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

First-Time Buyer Programs in Texas

✓TDHCA My First Texas Home
✓TDHCA Texas Mortgage Credit Certificate
✓Texas Heroes Program

Mortgage Requirements in Texas

•Min 640 credit score for TDHCA programs
•Income limits apply
•Homebuyer education required for DPA

Texas Housing Market Facts

No state income tax, but Texas has above-average property taxes (1.74% avg).

Austin, Dallas-Fort Worth, and Houston are the primary markets.

TDHCA provides up to 5% DPA for down payment and closing costs.

Compare Mortgage Rates in Other States

Alabama7.05%Alaska7.12%Arizona7.02%Arkansas7.08%California6.95%Colorado7%Connecticut6.98%Delaware7%Florida7.05%Georgia7.03%Hawaii6.88%Idaho7%

View all 50 states →