Compare Today’s Mortgage Rates for El Paso, Texas

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in El Paso, Texas 88514. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $8,091 or $22 / month in El Paso and other areas of El Paso county.

Our search engine explores all home mortgage options in El Paso, Texas 88514, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in El Paso, Texas 88514

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for El Paso, TX

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in El Paso, TX 88514, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for El Paso, TX

Historical Mortgage Rates for El Paso, Texas 88514 from 2013 - 2020

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.

2013 2014 2015 2016 2017 2018 2019 2020
% 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%
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 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 88514

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 88514 to help you with your search.

Name
Address
Contact

M C Mortgage Concepts

1280 Hawkins Blvd

El Paso TX 88514

(915) 774-8721

Mortgage Finance Company

1790 N Lee Trevino Dr

El Paso TX 88514

(915) 598-0004

Joe Martinez

1121 Larry Mahan Dr

El Paso TX 88514

(915) 592-3300

TMX Finance

1793 N Zaragoza Rd

El Paso TX 88514

(915) 857-4800

Ace Cash Express

12135 Montwood Dr

El Paso TX 88514

(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 88514