Compare Today’s Mortgage Rates in Lubbock, Texas 79414
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Lubbock, Texas 79414.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $6,200 over the lifetime of your 30-year fixed loan, or a monthly savings of $17 in Lubbock and other areas of Lubbock county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Lubbock, Texas 79414
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Lubbock, Texas 79414
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Lubbock, TX 79414. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Lubbock, Texas 79414 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Lubbock, Texas and around Lubbock county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 89.33% | 85.05% | 88.86% | 83.11% | 80.23% | 82.02% | 80.10% | 82.32% | 80.75% |
| avg mortgage rate | 6.70% | 4.66% | 3.08% | 3.46% | 4.50% | 4.76% | 4.22% | 3.96% | 4.08% |
| % 15 year fixed mortgage | 8.00% | 12.81% | 8.73% | 14.57% | 16.35% | 15.79% | 15.82% | 15.47% | 14.29% |
| avg mortgage rate | 6.08% | 3.92% | 2.49% | 3.08% | 3.92% | 4.12% | 3.62% | 3.20% | 3.35% |
| Avg credit score | 727.29 | 743.98 | 772.04 | 743.10 | 740.31 | 734.14 | 734.10 | 735.21 | 742.11 |
| Avg LTV (loan to value) | 83.36% | 84.22% | 84.90% | 85.68% | 86.24% | 85.40% | 85.47% | 85.81% | 86.24% |
| Avg DTI (debt to income) | 35.43 | 34.59 | 33.50 | 33.37 | 34.81 | 35.03 | 35.01 | 31.62 | 30.78 |
| % First time homebuyer | 37.33% | 39.15% | 33.13% | 35.43% | 37.26% | 31.14% | 27.04% | 31.49% | 33.54% |
| Avg mortgage insurance % | 16.00% | 16.72% | 16.33% | 15.80% | 16.57% | 15.64% | 16.70% | 15.10% | 16.27% |
Best Mortgage Brokers around Lubbock, Texas 79414
For those searching for a new home in Lubbock, we have compiled a list of the top mortgage brokers located in and around Lubbock, Texas 79414 to assist you with your search.
Name
Address
Contact
Mortgage Professional Service Inc.
1915 Texas Ave
Lubbock TX 79414
(806) 368-7721
World Finance
1417 34th St
Lubbock TX 79414
(806) 744-1491
http://www.worldacceptance.com
World Acceptance
1417 34th St
Lubbock TX 79414
(806) 747-7685
http://worldacceptance.com
Central Finance
2310 Avenue Q
Lubbock TX 79414
(806) 749-2274
http://www.smallloanslubbock.com
Noble Finance
2806 Avenue Q
Lubbock TX 79414
(806) 749-5107
http://www.noblefinance.net/
Address
1915 Texas Ave
Lubbock TX
Contact
(806) 368-7721
Address
1417 34th St
Lubbock TX
Contact
(806) 744-1491
http://www.worldacceptance.com
Address
1417 34th St
Lubbock TX
Contact
(806) 747-7685
http://worldacceptance.com