Compare Today’s Mortgage Rates in Rainbow, Texas 76077

Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Rainbow, Texas 76077.

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 Rainbow, Texas 76077. For a 30-year fixed loan, our calculations show that you can expect to save up to $10,034 over the lifetime of your mortgage, which translates to a monthly savings of $28 in Rainbow and other areas of Somervell county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

32.281216 -97.70652 32689

Summary of Average Mortgages in Rainbow, Texas 76077

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Rainbow, Texas 76077

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Rainbow, TX 76077. 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.

Local Mortgage Rates in Rainbow, Texas 76077

Rainbow is an unincorporated community in Somervell County, Texas, United States. It is located on Farm Road 200, four miles northeast of Glen Rose. The community is a suburb of the Granbury, Texas Micropolitan Statistical Area.

The origins of the community's name date back to the 1890s. Read more

Rainbow is an unincorporated community in Somervell County, Texas, United States. It is located on Farm Road 200, four miles northeast of Glen Rose. The community is a suburb of the Granbury, Texas Micropolitan Statistical Area.

The origins of the community's name date back to the 1890s. Area residents requested a post office and gathered to choose a name. During the meeting, a thunderstorm occurred, followed by a rainbow. The residents, struck with the rainbow's beauty, named their town after it.

In the 1920s, Rainbow had a population of approximately 113. The population began to decrease after that period, reaching a low of 40 in 1960. With the opening of nearby Dinosaur Valley State Park in the 1970s, the population increased. Current estimates of Rainbow's population range from 76 to 121.

The Glen Rose Independent School District serves Rainbow area students. Read less

Historical Mortgage Rates in Rainbow, Texas 76077 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Rainbow, Texas and around Somervell 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 96.24% 93.88% 93.45% 90.92% 90.96% 88.56% 86.94% 89.24% 83.55%
avg mortgage rate 6.35% 4.60% 3.04% 3.41% 4.44% 4.71% 4.28% 3.99% 4.17%
% 15 year fixed mortgage 3.24% 4.99% 5.33% 7.35% 7.14% 8.81% 10.82% 8.99% 14.17%
avg mortgage rate 5.53% 3.73% 2.41% 2.96% 3.79% 4.06% 3.55% 3.23% 3.38%
Avg credit score 751.52 756.71 753.09 754.23 753.68 748.59 746.23 748.21 746.84
Avg LTV (loan to value) 79.41% 80.49% 81.73% 82.02% 81.76% 79.47% 80.79% 81.97% 81.53%
Avg DTI (debt to income) 38.84 37.70 35.19 35.31 36.45 36.43 35.51 34.57 33.87
% First time homebuyer 40.30% 37.10% 33.12% 32.85% 33.73% 26.27% 27.39% 30.50% 28.60%
Avg mortgage insurance % 12.03% 12.35% 12.30% 12.58% 12.49% 9.76% 10.56% 11.98% 11.28%

Source: Financial Report of the US Government

Best Mortgage Brokers around Rainbow, Texas 76077

For those searching for a new home in Rainbow, we have compiled a list of the top mortgage brokers located in and around Rainbow, Texas 76077 to assist you with your search.

Name
Address
Contact

Time Plan Title Loans

1213 Fort Worth Hwy

Weatherford TX 76077

(817) 594-5136

Byrd Jennifer-Diamond B Mortgage

404 S Main St

Weatherford TX 76077

(817) 599-6161

diamondbmtg@att.net

Parker County Title Services

512 Santa Fe Dr

Weatherford TX 76077

(817) 341-1610

michelle@fidelityparker.com

Lipsky & Associate

1400 Santa Fe Dr

Weatherford TX 76077

(817) 594-5000

http://www.equityplus.net

TitleMax Title Loans

1980 S Main St

Weatherford TX 76077

(817) 599-3240

webinquiries@titlemax.com

Address

1213 Fort Worth Hwy

Weatherford TX

Contact

(817) 594-5136

Address

404 S Main St

Weatherford TX

Contact

(817) 599-6161

diamondbmtg@att.net

Address

512 Santa Fe Dr

Weatherford TX

Contact

(817) 341-1610

michelle@fidelityparker.com

News on Mortgages and Reverse Mortgages for Rainbow, Texas 76077