Compare Today’s Mortgage Rates for Lubbock, Texas
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lubbock, Texas 79499. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $4,800 or $13 / month in Lubbock and surrounding areas of Lubbock 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 Lubbock, Texas 79499.
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Summary of Average Mortgage Terms in Lubbock, Texas 79499
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APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Lubbock, TX 79499, 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.
Historical Mortgage Rates for Lubbock, Texas 79499 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Lubbock, Texas and around Lubbock 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 | 88.58% | 86.42% | 84.88% | 86.27% | 84.84% | 85.62% | 88.96% | 84.84% |
| avg mortgage rate | 4.96% | 4.64% | 3.87% | 3.92% | 4.39% | 4.05% | 3.87% | 4.11% |
| % 15 year fixed mortgage | 8.13% | 10.78% | 11.63% | 12.35% | 13.48% | 12.31% | 9.45% | 13.36% |
| avg mortgage rate | 4.37% | 3.92% | 3.11% | 3.13% | 3.44% | 3.20% | 3.04% | 3.47% |
| Avg credit score | 762.57 | 763.52 | 760.72 | 757.73 | 755.14 | 754.14 | 750.72 | 750.37 |
| Avg LTV (loan to value) | 73.15% | 72.70% | 76.28% | 77.01% | 77.43% | 78.73% | 78.98% | 78.45% |
| Avg DTI (debt to income) | 33.50 | 32.90 | 32.55 | 33.29 | 33.96 | 33.15 | 34.03 | 35.71 |
| % First time homebuyer | 42.21% | 36.64% | 36.98% | 38.12% | 43.80% | 42.05% | 41.60% | 39.35% |
| Avg mortgage insurance % | 3.59% | 3.83% | 6.09% | 7.34% | 7.91% | 8.65% | 9.40% | 8.93% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Lubbock, Texas 79499
If you’re looking to buy a new home in Lubbock, we have compiled a list of the leading mortgage brokers around Lubbock, Texas 79499 to help you with your search.
Name
Address
Contact
Mortgage Professional Service Inc.
1915 Texas Ave
Lubbock TX 79499
(806) 368-7721
World Finance
1417 34th St
Lubbock TX 79499
(806) 744-1491
http://www.worldacceptance.com
World Acceptance
1417 34th St
Lubbock TX 79499
(806) 747-7685
http://worldacceptance.com
Central Finance
2310 Avenue Q
Lubbock TX 79499
(806) 749-2274
http://www.smallloanslubbock.com
Noble Finance
2806 Avenue Q
Lubbock TX 79499
(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