Houston Mortgage Rate Sheet
Current rates, payment benchmarks, and the top 10 Houston neighborhoods ranked by price per square foot. Updated weekly by Ben Helstein, licensed broker and MLO since 2015.
This Week's Rates
Conventional 30
6.40%
20% down, 740+ FICO
FHA 30
6.15%
3.5% down, 620+ FICO
VA 30
5.99%
0% down, veterans
Rates shown are national averages from Bankrate and Mortgage News Daily as of March 27, 2026. Your actual rate depends on credit, loan size, DTI, occupancy, and lock period. Call 713.548.7350 for a rate quote on your scenario.
Monthly Payment Benchmarks
Principal and interest only. 30-year fixed. Add property tax (Harris County avg 2.3%) and insurance.
| Home Price | Conv @ 6.40% | FHA @ 6.15% | VA @ 5.99% |
|---|---|---|---|
| $300,000 | $1,502 | $1,762 | $1,797 |
| $400,000 | $2,003 | $2,350 | $2,395 |
| $500,000 | $2,504 | $2,937 | $2,994 |
| $600,000 | $3,005 | $3,525 | $3,593 |
| $750,000 | $3,756 | $4,406 | $4,491 |
10 Houston Neighborhoods by Price Per Sqft
1. Katy (77494)
$165/sqft avg | Median $412K
Great schools, new construction, builder incentives common.
2. Cypress (77433)
$172/sqft avg | Median $395K
Bridgeland, Towne Lake. Strong family demand.
3. Sugar Land (77479)
$185/sqft avg | Median $485K
Top-rated schools, established master-planned communities.
4. Pearland (77584)
$158/sqft avg | Median $365K
Affordable commute to Med Center, lots of inventory.
5. Spring (77389)
$152/sqft avg | Median $340K
The Woodlands adjacent, energy corridor commuters.
6. Richmond (77407)
$148/sqft avg | Median $325K
Newer builds, first-time buyer friendly.
7. Brays Oaks (77096)
$195/sqft avg | Median $425K
Inside the loop, established, close to Med Center.
8. Memorial (77024)
$345/sqft avg | Median $1.1M
Premium inside-loop, top schools, luxury market.
9. Heights (77008)
$385/sqft avg | Median $695K
Walkable, trendy, strong appreciation.
10. Montrose (77006)
$365/sqft avg | Median $625K
Urban lifestyle, Med Center access, high demand.
What Moves Your Rate
| Credit score | 740+ gets the best pricing. Every 20-point drop below can add 0.125% to 0.375%. |
| Loan-to-value | 80% LTV or lower avoids PMI on conventional. FHA requires mortgage insurance regardless. |
| DTI ratio | Under 43% is the target. Some loans allow up to 50% with compensating factors. |
| Loan size | Conforming limit in Houston is $806,500 for 2026. Above that is jumbo with different pricing. |
| Lock period | 30-day locks are standard. 60-day or extended locks cost slightly more. |
| Property type | Primary residence beats second home beats investment. Condos can add 0.25%. |
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InSync Homes & Loans | Ben Helstein, Broker/MLO | NMLS #1577314
10101 Fondren Rd, Suite 575, Houston TX 77096 | insync.homes | Equal Housing Opportunity
10101 Fondren Rd, Suite 575, Houston TX 77096 | insync.homes | Equal Housing Opportunity