Compare Today’s Mortgage Rates in Midland, Texas 79701
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Midland, Texas 79701.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Midland, Texas 79701. For a 30-year fixed loan, our calculations show that you can expect to save up to $10,261 over the lifetime of your mortgage, which translates to a monthly savings of $29 in Midland and other areas of Midland county.
Summary of Average Mortgages in Midland, Texas 79701
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Interactive Mortgage Rate Projections for Midland, Texas 79701
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Midland, TX 79701. 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 Midland, Texas 79701 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Midland, Texas and around Midland 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 Midland, Texas 79701
For those searching for a new home in Midland, we have compiled a list of the top mortgage brokers located in and around Midland, Texas 79701 to assist you with your search.
Security Finance Corporation
4313 W Illinois Ave
Midland TX 79701
(432) 520-2184
http://security-finance.com
A-2-Z Loan Company
4411 W Illinois Ave
Midland TX 79701
(432) 689-2841
Frank Perea | Southwest Funding
4411 W Illinois Ave
Midland TX 79701
(432) 897-2299
fperea@southwestfunding.com
Loanstar Title Loans
3307 Andrews Hwy
Midland TX 79701
(432) 689-2191
https://www.loanstartitleloans.net/Locations/TEXAS/Midland/3307-Andrews-Highway
Stockton Finance
3303 W Illinois Ave
Midland TX 79701
(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