Compare Today’s Mortgage Rates for Midland, Texas

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Midland, Texas 79712. We provide popular mortgage brokers in your area and a detailed analysis of your home loan payments. For 30-year fixed, expected lifetime cash savings are $32,876 or $91 / month in Midland and surrounding areas of Midland 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 Midland, Texas 79712.

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Summary of Average Mortgage Terms in Midland, Texas 79712

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

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.

2012 2013 2014 2015 2016 2017 2018 2019
% 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%
% 10 year fixed mortgage 0.52% 0.86% 0.47% 0.31% 0.41% 0.25%
avg mortgage rate 4.29% 3.63% 3.50% 3.44% 3.08% 3.13%
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 Combined LTV (loan to value) 73.64% 73.35% 76.44% 77.12% 77.67% 79.02% 79.28% 78.62%
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