Compare Today’s Mortgage Rates for Mcallen, Texas

Pureloan searches mortgage lenders and major banks in Mcallen, Texas 78505 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $4,365 or $12 / month is expected in Mcallen and other areas of Hidalgo county.

Pureloan’s search engine explores all home mortgage options in Mcallen, Texas 78505, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

No suitable program is found

Summary of Average Mortgage Terms in Mcallen, Texas 78505

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Mcallen, TX 78505, 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 Mcallen, Texas 78505 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Mcallen, Texas and around Hidalgo 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 93.37% 87.63% 89.85% 88.88% 89.88% 91.48% 91.49% 89.93%
avg mortgage rate 4.94% 4.66% 3.91% 4.00% 4.47% 4.10% 3.92% 4.13%
% 15 year fixed mortgage 5.52% 9.97% 8.84% 10.30% 8.96% 7.79% 7.18% 8.20%
avg mortgage rate 4.35% 3.93% 3.25% 3.11% 3.52% 3.29% 3.15% 3.28%
Avg credit score 760.49 760.65 758.26 754.93 746.51 749.92 746.16 749.02
Avg LTV (loan to value) 74.48% 76.63% 78.14% 79.04% 80.84% 80.57% 81.71% 81.20%
Avg DTI (debt to income) 35.60 33.83 35.19 34.67 34.80 35.43 36.25 36.18
% First time homebuyer 33.98% 33.33% 30.11% 33.68% 38.18% 38.67% 39.78% 34.53%
Avg mortgage insurance % 3.60% 5.69% 7.51% 8.63% 11.06% 11.28% 11.66% 11.16%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Mcallen, Texas 78505

If you’re looking to buy a new home in Mcallen, we have compiled a list of the leading mortgage brokers around Mcallen, Texas 78505 to help you with your search.

Name
Address
Contact

Check 'n Go

1449 W Duranta Ave

Alamo TX 78505

(956) 702-7784

comments@checkngo.com

World Finance & Tax Service

501 N Alamo Rd

Alamo TX 78505

(956) 783-6732

http://worldacceptance.com

Texan Credit Corporation

1449 W Duranta Ave

Alamo TX 78505

(956) 787-9600

http://texancredit.com

Onemain Financial

106 State Highway 495

Alamo TX 78505

(956) 283-0816

http://www.onemainfinancial.com/uscfa/cfa/portal/home.do

Front Line Mortgage

510 Victoria Ln

Harlingen TX 78505

(956) 428-2030

Address

1449 W Duranta Ave

Alamo TX

Contact

(956) 702-7784

comments@checkngo.com

Address

501 N Alamo Rd

Alamo TX

Contact

(956) 783-6732

http://worldacceptance.com

Address

1449 W Duranta Ave

Alamo TX

Contact

(956) 787-9600

http://texancredit.com

News on Mortgages and Reverse Mortgages for Mcallen, Texas 78505