Brownsville Real Estate Information Center 546-3474

04/27/2026

MORTGAGE RATES UPDATE:

As of April 27, 2026, mortgage rates have shown recent stability with the 30-year fixed rate hovering around 6.23% to 6.33%. 15-year fixed rates are averaging around 5.55% to 5.68%. Rates dropped slightly from previous highs, with lenders Bankrate and NerdWallet noting that rates are at their lowest levels in months.
WSJ +3

National Mortgage Rates - April 27, 2026
30-Year Fixed: 6.33%
15-Year Fixed: 5.58%
30-Year FHA: 6.23%
30-Year VA: 5.62% - 6.43%
7/6 ARM: 5.625% - 5.96%
Mortgage News Daily +7

Key Market Factors
Declining Rates: Rates dropped last week following positive market reactions to reduced overseas tensions and oil prices.
Bond Market Impact: Mortgage rates are heavily influenced by the 10-year Treasury yield, which fell in late February.

Weekly Trends: According to Freddie Mac, the 30-year fixed rate was 6.23% as of April 23, 2026, which is a decrease of seven basis points from the previous week.
Yahoo Finance

02/19/2026

First and foremost I'd like to thank the Lord above for all the blessings! Well we did something for our family... We have HOME! ❤️ 🌎 🏠 I'd also want to thank my momma Maria Elena Bazaldua and my tio Timo Ruedas for all they've done in this long process. LOVE Y'ALL!
To be continued.... Uzziel & Liliana Ruedas

01/15/2026

Mortgage rates fall to lowest level in more than three years

The average 30-year fixed mortgage rate was 6.06% for the week ending January 15, according to Freddie Mac. The last time home borrowing rates were this low was September 2022.

Experts hope the drop could help ease the stalemate in the housing market.

“The impacts are noticeable, as weekly purchase applications and refinance activity have jumped, underscoring the benefits for both buyers and current owners,” said Sam Khater, Freddie Mac’s chief economist. “It’s clear that housing activity is improving and poised for a solid spring sales season.”

This time last year, the average 30-year fixed rate was 7.04%. A buyer who purchased a $450,000 home with a 20% down payment at that rate would have faced monthly principal and interest payments of about $2,405. At today’s average rate of 6.06%, those payments would fall to roughly $2,172 – a savings of about $230 per month, or close to $84,000 over the life of a 30-year loan.

01/08/2026

Texas VLB Land Sale AVAILABLE TO VETERANS & MILITARY MEMBERS ONLY CLOSES on January 15, 2026 @5:00PM

The Texas Veterans Land Board makes tracts of land available for Texas Veterans and Military Members to bid on in our quarterly land sales held every January, April, July, and October. Texas Veterans and Military Members may use the VLB Land Loan to purchase these tracts or other non-commercial prop...

01/07/2026

Steady job growth and lower rates could fuel a sales surge ahead. See NAR’s 2026 housing forecast. NAR expects prices to climb 4% in 2026, supported by job growth and persistent supply shortages.

Steady job growth and lower rates could fuel a sales surge ahead. See NAR’s 2026 housing forecast.

10/28/2025

Real Estate Topics - Get The Facts

https://www.nar.realtor/the-facts

Call All Coastal Stars Realty - 956-546-3474 - Today !!

Whether you’re a REALTOR®, brokerage leader, MLS executive, homebuyer, or home seller, the resources here provide the facts and latest news on NAR's policy updates.

06/16/2025

Mortgage Rates Simmer, but Borrowers might get a Cooler Autumn
CBS News: National News by Nerd Wallet - Jun 15, 2025

https://www.valleycentral.com/news/national-news/mortgage-rates-simmer-but-borrowers-might-get-a-cooler-autumn/?fbclid=IwY2xjawK9IRhleHRuA2FlbQIxMQBicmlkETFXa0RKS0dFNUlZTTJTamhVAR6NvSAnsExqzxC90pxXEFmlIbv4hoPOgD54_bNTWerkFLIDQWqROhI5EAYDDw_aem_ZLObBmBhel9_q8viP4MgVg

Last week, the number of mortgage applications rose to their highest point in more than a month.

06/03/2025

Our New Listing .......

WELL-MAINTAINED 3 BEDROOM, 2 BATH HOME NEAR THE BROWNSVILLE AIRPORT SITTING ON A LARGE AND AMPLE 0.27 ACRE LOT. THE HOME FEATURES TWO BONUS ROOMS FOR OFFICE OR EXTRA BEDROOMS AND HAS FRONT AND BACK COVERED PATIOS. ALL APPLIANCES CONVEY, INCLUDING A HOME VIDEO SURVEILLANCE AND SECURITY SYSTEM. THE BA...

05/30/2025

The national average 30-year fixed mortgage rate is currently 6.89%, according to Freddie Mac. This is an increase from the previous week's rate. It's important to note that mortgage rates can vary depending on the lender and the specific loan type.
Here's a more detailed breakdown:

Current Rate: The average 30-year fixed mortgage rate is 6.89%.
Recent Trends: The rate has been rising slightly, with Freddie Mac reporting it rose 3 basis points from the previous week.
Historical Context: While this rate is higher than the pandemic-era lows, it's still considered a reasonable rate compared to historical averages.

It's always a good idea to shop around and compare rates from multiple lenders to get the best possible deal on your mortgage.

The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since early February, further pushing up borrowing costs for homebuyers.

04/29/2025

There is still time to attend the Cameron County Homestead Tax Exemptions Filing Event, tomorrow Tuesday, April 29 and Thursday, May 1st.
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