Mortgage rates hold steady; Tex. sees slight rise from previous week
The average rate for a 30-year, fixed-rate mortgage remained virtually steady last week, with Texas’ rates rising slightly.
For the week ended April 26, the average rate for a 30-year, fixed-rate mortgage in Texas was 5.03 percent, up 0.3 percent from the week before.
Nationwide, the average 30-year rate was 5.07 percent, up .2 percent from 5.06 percent the prior week, according to Zillow.
The national average for a 15-year, fixed-rate mortgage was 4.72 percent, up from 4.68 percent the week before.
Georgia (4.99 percent) and Florida (5.01 percent) had the lowest 30-year mortgage rates in the country, while Ohio (5.17 percent) had the highest.
Seattle-based Zillow compiles rates quoted by 4,000 participating mortgage lenders to potential borrowers on its site.