Lowest Mortgage Rates in Houston: November 2011

Falling home values across the country, as well as here in Houston, are making today a perfect time to purchase a house at an affordable price. Even so, the cost of the property isn’t the only number you should factor into your decision. Mortgage rates in Houston will also have a huge impact on how much you pay for your new home.

If you’re planning on home ownership, ensure you take the time to get the best possible mortgage rate first. We’ve compiled the local Houston financial institutions with the very best interest rates on home loans right now. Find out if there’s a great deal near you.

Current Best Mortgage Rates in Houston, TX

Different mortgage types are going to offer different mortgage rates, but no matter what type of loan you choose, there’s bound to be a great deal in Houston. Below are the lowest mortgage rates offered by local Houston lenders today for a variety of home loan types.

Best 15-Year Fixed Mortgage Rates in Houston

• JPMorgan Chase Bank, National Association: 3.13%
• • No Orig. Fees
  • Points: 0.13


• Wells Fargo Bank, National Association: 3.13%
• • Orig. Fees: 1%
  • Points: 0


• Rock Financial: 3.25%
• • No Orig. Fees
  • Points: 1.75

Lowest 30-Year Fixed Mortgage Rates in Houston

• JPMorgan Chase Bank, National Association: 3.63%
• • No Orig. Fees
  • Points: 0


• Rock Financial: 3.99%
• • No Orig. Fees
  • Points: 2


• Quicken Loans Inc: 3.99%
• • No Orig. Fees
  • Points: 2

Top 3/1 ARM Houston Mortgage Rates

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Chevron Federal Credit Union: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Citibank, National Association: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates in Houston for a 5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period


• JPMorgan Chase Bank, National Association: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you confirm these interest rates with the lender before applying. Mortgage rates are accurate as of 11/01/11, but may change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Houston mortgage rate.