Compare Today’s Mortgage Rates for Midland, Texas

Pureloan searches mortgage lenders and major banks in Midland, Texas 79712 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 $9,039 or $25 / month is expected in Midland and other areas of Midland county.

Pureloan’s search engine explores all home mortgage options in Midland, Texas 79712, 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 Midland, Texas 79712

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 Midland, TX 79712, 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 Midland, Texas 79712 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Midland, Texas and around Midland 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 Midland, Texas 79712

If you’re looking to buy a new home in Midland, we have compiled a list of the leading mortgage brokers around Midland, Texas 79712 to help you with your search.

Name
Address
Contact

Security Finance Corporation

4313 W Illinois Ave

Midland TX 79712

(432) 520-2184

http://security-finance.com

A-2-Z Loan Company

4411 W Illinois Ave

Midland TX 79712

(432) 689-2841

Frank Perea | Southwest Funding

4411 W Illinois Ave

Midland TX 79712

(432) 897-2299

fperea@southwestfunding.com

Loanstar Title Loans

3307 Andrews Hwy

Midland TX 79712

(432) 689-2191

https://www.loanstartitleloans.net/Locations/TEXAS/Midland/3307-Andrews-Highway

Stockton Finance

3303 W Illinois Ave

Midland TX 79712

(432) 694-9823

http://www.stocktonfinanceloans.com/

Address

4313 W Illinois Ave

Midland TX

Contact

(432) 520-2184

http://security-finance.com

Address

4411 W Illinois Ave

Midland TX

Contact

(432) 689-2841

Address

4411 W Illinois Ave

Midland TX

Contact

(432) 897-2299

fperea@southwestfunding.com

News on Mortgages and Reverse Mortgages for Midland, Texas 79712