Amarillo Mortgage Rates

What is the happiest color in the rainbow? In any language yellow is the choice for optimism, enlightenment, and happiness. Amarillo was named after the golden wildflowers that sprinkled the land and for the soil on the banks of Amarillo Lake and Amarillo Creek. Thus naming the town after such a vibrant color alluded to a promise of a positive future. If you want to spark your creative juices and have a happy life then locating the best mortgage rate in Amarillo to finance the purchase of your home is the way to go.

Amarillo Bank Rates can help you find a great Amarillo mortgage rate perfect for your first steps on the yellow brick road of the Amarillo housing market.

Mortgage
Home Equity
Auto
Credit Card
Savings

Type	Rate	Avg Points
30 year fixed mortgage	5.10%	0.700
15 year fixed mortgage	4.83%	0.700
5 year ARM	5.57%	0.700

Type	Rate	Avg Points
HELOC variable	5.26%	N/A

Type	Rate	Avg Points
60 month new car loan	6.17%	N/A
36 month user car loan	0.00%	N/A

Type	Rate	Avg Points
credit card non reward	8.07%	N/A
credit card reward	9.50%	N/A
prime rate	3.25%	N/A

Type	Rate	Avg Points
bank savings account	0.15%	N/A
bank money markey account	0.97%	N/A

Recent Mortgage Rates News

December 17, 2008

Lower Mortgage Rates

Amarillo National Bank said that today the 30 year mortgage rate dropped to 4.75%. The prime interest rate also dropped to 3.25% that will affect short term ...

January 7, 2009

Amarillo economy is holding its own

Lower mortgage rates have caused a home refinance boom that should last a couple of months, he said. That, also, could leave consumers some extra money to ...

Compare Rates of Amarillo, TX Mortgage Lenders

Amarillo Banking Rates can connect you with mortgage lenders offering the best rates based on your current credit score. If you’re looking for a local Amarillo, TX mortgage lender, send us your information today and we will help you compare rates.

Articles

Knowing your credit score pays off as this is used by lenders and credit card companies to decide whether to lend you money and at what interest rate. The score ranges from 300 to 850 — the higher the better. Seattle resident Jenny Chang said she didn’t realize “how everything in your life will depend on credit” — buying a car or a house, even renting an apartment or getting a job.

Amarillo, TX Mortgage Rates and Your Credit Score

Your credit score will affect the rates you are offered on your Amarillo, TX mortgage. If you want the lowest mortgage rates, aim for a credit score that is considered “good” or “excellent”. Don’t know your credit score? Amarillo Banking Rates recommends GoFreeCredit.com where you can get your free credit report and score.

Types of Mortgage Loans

There are many types of mortgage loans. Whether Amarillo, TX homeownership is a dream you’re working toward, or you’re looking to add to your property investments, Amarillo Banking Rates can help you find the best mortgage rates. The most popular types of mortgages are:

Fixed Rate Mortgages
Adjustable Rate Mortgages (ARMs)
Refinance Mortgages

No matter what type of mortgage seek, we connect you with lenders who offer adjustable rate mortgages or fixed rate mortgages, and if you’re looking to refinance you Amarillo, TX mortgage loan, we can help you, too.

Amarillo Banking Rates