Compare Today’s Mortgage Rates for El Paso, Texas

Pureloan searches all major banks and mortgage lenders for the best home loan rates in El Paso, Texas 88595. We provide popular mortgage brokers in your area and a detailed analysis of your home loan payments. For 30-year fixed, expected lifetime cash savings are $16,711 or $46 / month in El Paso and surrounding areas of El Paso county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for El Paso, Texas 88595.

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Summary of Average Mortgage Terms in El Paso, Texas 88595

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for El Paso, Texas 88595 from 2012 - 2019

We have compiled mortgage rate charts for home loans in El Paso, Texas and around El Paso county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2012 2013 2014 2015 2016 2017 2018 2019
% 30 year fixed mortgage 89.74% 86.69% 86.99% 87.39% 88.65% 87.57% 88.92% 89.32%
avg mortgage rate 4.94% 4.65% 3.89% 3.93% 4.42% 4.08% 3.88% 4.12%
% 15 year fixed mortgage 8.46% 10.84% 11.41% 11.04% 9.80% 10.70% 9.65% 8.92%
avg mortgage rate 4.32% 3.86% 3.16% 3.08% 3.45% 3.18% 3.09% 3.30%
% 10 year fixed mortgage 0.13% 0.51% 0.48% 0.24% 0.39% 0.31% 0.16%
avg mortgage rate 4.25% 3.71% 3.17% 3.22% 3.29% 2.82% 3.09%
Avg credit score 761.83 761.00 761.69 757.79 754.67 754.66 751.31 752.31
Avg LTV (loan to value) 73.39% 74.66% 76.50% 77.97% 79.56% 79.81% 80.33% 80.47%
Avg Combined LTV (loan to value) 73.54% 74.70% 76.60% 78.19% 79.73% 79.94% 80.45% 80.56%
Avg DTI (debt to income) 33.78 33.47 33.14 33.64 34.37 35.17 35.58 36.03
% First time homebuyer 49.30% 43.60% 45.46% 48.16% 49.69% 51.51% 52.51% 52.09%
Avg mortgage insurance % 3.14% 4.03% 6.00% 7.90% 8.98% 9.84% 10.55% 10.12%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around El Paso, Texas 88595

If you’re looking to buy a new home in El Paso, we have compiled a list of the leading mortgage brokers around El Paso, Texas 88595 to help you with your search.

Name
Address
Contact

M C Mortgage Concepts

1280 Hawkins Blvd

El Paso TX 88595

(915) 774-8721

Mortgage Finance Company

1790 N Lee Trevino Dr

El Paso TX 88595

(915) 598-0004

Joe Martinez

1121 Larry Mahan Dr

El Paso TX 88595

(915) 592-3300

TMX Finance

1793 N Zaragoza Rd

El Paso TX 88595

(915) 857-4800

Ace Cash Express

12135 Montwood Dr

El Paso TX 88595

(915) 856-9973

customerservice@acecashexpress.com

Address

1280 Hawkins Blvd

El Paso TX

Contact

(915) 774-8721

Address

1790 N Lee Trevino Dr

El Paso TX

Contact

(915) 598-0004

Address

1121 Larry Mahan Dr

El Paso TX

Contact

(915) 592-3300

News on Mortgages and Reverse Mortgages for El Paso, Texas 88595