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Mortgage Rates

Still under 5% except for USDA and a few others, and speaking of USDA, did you know that you can still use that financing in Kyle, TX and possibly Pflugerville? That is until the US Census Bureau does a new count in those areas. You can’t use USDA Financing in Hutto though, which is strange since Hutto is still quite small and is just getting it’s FIRST large supermarket (H.E.B). Go figure.

Here are the rates:

30 Year Fixed:                        4.875   %

15 Year Fixed:                        4.25     %

USDA 30 Year:                        5.25     %

FHA 30 Year                            4.875   %

VA 30 Year:                             4.875   %

5 Yr ARM                                 3.75     %

Jumbo 30 Year Fixed:            5.75     %

Jumbo 5 Yr ARM:                    4.5       %

30 Year Home Equity:            5.0       %

TDHCA Bond 74                      6.25     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

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