Current Best Mortgage Rates in Waco, TX

If you, among many others, have been impressed by sinking mortgage rates and are planning on buying your first home, the present may truly be the most opportune time. However, just because average Waco mortgage rates are at historic lows doesn’t mean every financial institution will be offering an affordable financing option. In order to lower the cost of your home purchase as much as possible, you will need to research the rates available locally and find the very best.

Whether you’re interested in a traditional fixed rate mortgage or are planning on obtaining an ARM, there’s a lender in Waco, TX with a great rate for you. Below is a list of the best mortgage rates in Waco across a variety of loan types.

Waco Banks and Credit Unions with Lowest Mortgage Rates

Top Waco 15-Year Fixed Mortgage Rates

• Wells Fargo Bank, National Association: 3.13%
• • Orig. Fees: 1%
  • Points: 0


• Quicken Loans Inc: 3.25%
• • No Orig. Fees
  • Points: 1.75


• Educators Credit Union: 3.38%
• • Orig. Fees: 1%
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Waco

• Quicken Loans Inc: 3.99%
• • No Orig. Fees
  • Points: 2


• Extraco Banks, National Association: 4%
• • No Orig. Fees
  • Points: 0


• Wells Fargo Bank, National Association: 4.13%
• • Orig. Fees: 1%
  • Points: 0.88

Lowest Waco 3/1 ARM Mortgage Rates

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Extraco Banks, National Association: 5.38%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Waco

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period

Ensure you verify these rates with the lender before you apply. Interest rates are accurate as of November 1, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Waco mortgage rate.