Compare today’s mortgage rates in Gregg County
If you’re buying or refinancing in Longview, Kilgore, Gladewater, White Oak, Lakeport, or nearby Gregg County communities, start by exploring today’s mortgage rates. Compare various loan types to discover affordable payments, flexible terms, and rates that align with your homeownership goals.
Get a quoteThese rate details, APRs, and payment examples are current as of today and may adjust anytime. They assume a FICO® Score of 780+, a single-family primary residence, and a down payment amount or loan-to-value as shown for each program. One mortgage discount point may also be applied for a lower rate. Speak with a licensed mortgage professional for exact pricing and eligibility.
Purchase Mortgage Rates
Conventional Fixed-Rate Loans
Conventional fixed-rate mortgages keep your monthly principal and interest steady throughout the loan term—usually 15, 20, or 30 years. Borrowers typically invest 3–20% down and may need private mortgage insurance. Strong credit and a clean appraisal are important to secure approval.
Conforming Adjustable-Rate Mortgage (ARM) Loans
An ARM starts with an introductory period of lower interest, adjusting later based on market benchmarks. It’s a great fit for homebuyers who expect to relocate or refinance before the rate resets, allowing short-term savings with calculated flexibility.
Federal Housing Administration (FHA) Loans
FHA loans make homeownership accessible with minimal down payments—typically 3.5%—and more lenient credit standards. Backed by the Federal Housing Administration, they require upfront and annual mortgage insurance but open doors for first-time or moderate-income buyers.
Veterans Affairs (VA) Loans
VA loans, supported by the Department of Veterans Affairs, offer eligible veterans, active-duty members, and surviving spouses the opportunity to purchase with no down payment or private mortgage insurance. They feature competitive interest rates and flexible qualifying guidelines.
Jumbo Loans
Jumbo mortgages finance homes that exceed standard loan limits. Perfect for Gregg County’s higher-value properties, these loans generally need larger down payments, excellent credit, and strong financial reserves. They may have slightly higher interest rates due to added lender risk.
Take your first step towards your home loan journey
Refinance Rates
Conventional Fixed-Rate Loans
A fixed-rate refinance provides stable monthly payments and potential long-term savings. Homeowners typically need at least 20% equity to avoid private mortgage insurance. Refinancing can shorten your term, reduce your rate, or free up cash flow for other priorities.
Conforming Adjustable-Rate Mortgage (ARM) Loans
ARM refinancing begins with a lower starting rate, making it attractive for homeowners expecting future rate decreases or short ownership periods. Payments can adjust with market trends, so understanding the index and cap structure is key before committing.
Federal Housing Administration (FHA) Loans
FHA refinance loans help borrowers reduce monthly payments or transition from an adjustable rate to a fixed rate. They’re especially useful for those with limited equity or moderate credit, continuing the FHA’s mission to expand affordability.
Veterans Affairs (VA) Loans
VA refinancing, including the popular Interest Rate Reduction Refinance Loan (IRRRL), lets eligible veterans streamline their mortgages with fewer documentation requirements and potential savings. It’s one of the simplest ways to lower a rate or shorten a term.
Jumbo Loans
Jumbo refinance loans serve borrowers seeking to restructure or tap equity from high-value homes. These loans may involve stricter credit and income verification but can unlock substantial financial flexibility for qualified homeowners.
Frequently asked questions about mortgage rates
Q1: How are mortgage rates determined in Gregg County?
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Q2: What’s the advantage of comparing multiple loan types?
Q3: When should I consider refinancing my current mortgage?
Q4: Can I qualify for a VA or FHA loan with limited credit?
Q5: Do these quoted rates include closing costs or taxes?
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