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Fixed-Rate Mortgages Worry-free payment security. A fixed-rate mortgage has an interest rate that remains the same for the entire term of the loan, as opposed to other mortgage loans that have an adjustable or floating interest rate.
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San Antonio, TX Mortgage Rates Comparison. Many people today are looking to purchase a new home or refinance an existing mortgage in San Antonio, TX. In this case, individuals will most likely need a mortgage loan to finance the purchase. When obtaining a home loan, the most important thing to consider is the interest rate.
Mortgage rates for San Antonio, Texas on Lender411 for 30-year fixed-rate mortgages are at 3.58%. That dropped from 3.60% to 3.58%. The 15-year fixed rates are now at 3.42%. The 5/1 ARM mortgage for San Antonio, Texas is now at 4.17%. San Antonio is where people can visit the famous site The Alamo.
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30 yr fixed rate mortgage. APR calculation for a 30 year fixed rate purchase mortgage assumes a 740 credit score, a single-family, owner-occupied primary residence located in Texas; a 25% down payment and a loan amount of $200,000, with a 30-day lock period with 1 discount point due at closing.
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