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3/1 ARM Mortgage Rates in Texas

Updated: April 22, 2019

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Displaying rates for Mortgage Refinance in TX for $200,000

5.156%

APR
3 Year ARM
4.250% Rate $984/mo
  • Updated April 22, 2019
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PRODUCTS RATES +/-
30 Year Fixed 4.25%
15 Year Fixed 3.67%
5/1 ARM 4.17%
Monday, April 22, 2019

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Mortgage rates for Texas go up to 4.25%

Monday, April 22, 2019

Mortgage rates for Texas on Lender411 for 30-year fixed-rate mortgages are at 4.25%. That increased from 4.18% to 4.25%. The 15-year fixed rates are now at 3.67%. The 5/1 ARM mortgage for Texas is now at 4.17%.

3/1 ARM Mortgage Rate Explained

3/1 ARM is an adjustable rate mortgage where the monthly payment (principal and interest) of the loan does not change during 3 years. After that the rate will change based on its "margin" and "index" . Above you will find 3/1 ARM refinance rates for national and local lenders in Texas. 

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