The Woodlands, Texas Refinance Rates Today for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current The Woodlands, Texas refinance rates today start at 5.75% for a 30 year fixed and 5.50% for a 15 year fixed, compared with Texas averages of 7.196% and 6.682%. The Woodlands, Texas mortgage refinance rates range from 5.02% to 8.63%, verified by MonitorBankRates as of November 12, 2026. Current mortgage refinance rates in The Woodlands, Texas include First Community Credit Union Houston, TXFirst Community Credit Union Houston, TX3601 FM 1488 Rd, The Woodlands, TX, 77384 3943A+5.0 ★Texas Ratio: 3.58%Rate verified Nov 8, 2026 at 6.875%, Texas Dow Employees Credit UnionTexas Dow Employees Credit Union9595 Six Pines Dr, The Woodlands, TX, 77380A5.0 ★Texas Ratio: 13.90%Rate verified Nov 8, 2026 at 7.00%, Frost BankFrost Bank10767 Kuykendahl Rd, The Woodlands, TX, 77382A+5.0 ★Texas Ratio: 2.51%Rate verified Nov 11, 2026 at 5.75%, Brazos Valley Schools Credit UnionBrazos Valley Schools Credit UnionA+5.0 ★Texas Ratio: 4.82%Rate verified Nov 8, 2026 at 6.75%, and Chemcel Federal Credit UnionChemcel Federal Credit UnionA+5.0 ★Texas Ratio: 3.32%Rate verified Nov 12, 2026 at 6.054%. Refinance rates as of November 12, 2026 according to verified data from MonitorBankRates.
The Woodlands homeowners can compare 232 refinance rates from 36 lenders serving the Texas area, including 3 local, with rates as low as 5.75% from Frost Bank at 10767 Kuykendahl Rd, The Woodlands, TX, 77382. Lenders below quote one rate for purchase and refinance loans. Use the tabs to compare all loan types and terms, then run the break-even calculator further down. Rates are continually updated, so we recommend checking back frequently.
Refinance rates reflect actual verified offers from lenders actively lending to Texas homeowners. Your final approved rate will depend on your credit profile, loan-to-value ratio, cash-out amount, and daily market movements. Last Updated and Verified: November 12, 2026
Compare Refinance Rates Today in The Woodlands, Texas & the Surrounding Area
Rates shown are each lender’s posted rate for that loan type, which most lenders apply to purchase and refinance loans alike. Local The Woodlands, TX lenders are listed first in every tab. Among lenders that post both, refinance pricing currently runs about 0.125 points above the same lender’s purchase rate in Texas. That premium is shown for context only; every rate in the table is the lender’s posted rate.
The Woodlands 30 Year Fixed Refinance Rates
Monthly Principal & Interest: $1,971.00
- Oct 29, 20267.00%▼ from 7.14%
- Oct 26, 20267.14%first recorded
Refinance
Refinance; requires mortgage insurance; FHA guaranteed
Income-based option; for households with lower incomes; up to $4,000 toward closing costs for qualifying borrowers; benefits cannot be combined with location-based option; financing up to 100%; no minimum loan amount
Location-based option; for homes located in qualifying locations; administrative fee waived for eligible borrowers; benefits cannot be combined with income-based option; financing up to 100%; no minimum loan amount
- Nov 11, 20266.96%▼ from 7.08%
- Oct 20, 20267.08%first recorded
Purchase; for military veterans; VA guaranteed
No additional details available.
Purchase
Loans up to $832,750; financing up to 95% available; second home financing available
- Nov 11, 20267.23%▼ from 7.35%
- Oct 20, 20267.35%▼ from 7.73%
- Oct 14, 20267.73%first recorded
Purchase; requires mortgage insurance; FHA guaranteed
Loan to Value: 90%; Real Estate Loans - Purchase/Refinance
Loan to Value: 95%; Real Estate Loans - Purchase/Refinance
As Low As; 30-year fixed rates starting at 6.054% APR; Mortgage programs offered through Member First Mortgage, LLC (MFM)
Mortgage loan; APR shown is the lowest available rate; rates depend on individual creditworthiness
As Low As; Effective October 28, 2026; APR = Annual Percentage Rate
- Oct 29, 20266.75%▲ from 6.25%
- Oct 2, 20266.25%▲ from 6.10%
- Oct 1, 20266.10%▼ from 6.35%
- Sep 18, 20266.35%first recorded
The Woodlands 15 Year Fixed Refinance Rates
Monthly Principal & Interest: $2,532.00
- Oct 29, 20266.24%▼ from 6.34%
- Oct 26, 20266.34%first recorded
Refinance
No additional details available.
Loans up to $832,750; financing up to 95% available; second home financing available
- Nov 11, 20266.54%▼ from 6.66%
- Oct 20, 20266.66%▼ from 7.04%
- Oct 14, 20267.04%first recorded
Purchase
Amount starting at $50,000
- Nov 8, 20268.86%▼ from 8.88%
- Nov 3, 20268.88%▲ from 8.77%
- Oct 29, 20268.77%▼ from 8.92%
- Oct 26, 20268.92%▼ from 9.08%
Loan to Value: 90%; Real Estate Loans - Purchase/Refinance
Loan to Value: 95%; Real Estate Loans - Purchase/Refinance
Mortgage loan; APR shown is the lowest available rate; rates depend on individual creditworthiness
Mortgage/Land Loan; All rates quoted with zero points; APR assumes $100,000 loan amount and monthly repayment
- Oct 2, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
Loan to Value: 80%
- Nov 8, 20266.03%▲ from 6.03%
- Oct 26, 20266.03%first recorded
As Low As; Get peace of mind with predictable monthly payments. Both traditional and short-term options available.
- Nov 9, 20266.13%▼ from 6.25%
- Nov 5, 20266.25%▼ from 6.38%
- Oct 19, 20266.38%▼ from 6.50%
- Sep 27, 20266.50%▲ from 6.25%
Mortgage rates effective 11/07/2026; Lender Fee: 0.50%
- Nov 9, 20266.17%▼ from 6.30%
- Oct 30, 20266.30%▼ from 6.42%
- Oct 19, 20266.42%▼ from 6.55%
- Oct 10, 20266.55%▼ from 6.67%
As Low As; Effective October 28, 2026; APR = Annual Percentage Rate
- Oct 29, 20266.25%▲ from 5.50%
- Oct 2, 20265.50%▲ from 5.00%
- Oct 1, 20265.00%▼ from 5.25%
- Sep 18, 20265.25%first recorded
Number of Payments: 180; Total Payment: $2,057.81; based on $240,000.00 loan amount, 20.000% down, minimum credit score 740, single family primary residence
The Woodlands 5/1 ARM Refinance Rates
ARM rate; Amount starting at $40,000
- Nov 8, 20268.05%▼ from 8.07%
- Nov 3, 20268.07%▲ from 7.99%
- Oct 29, 20267.99%▼ from 8.13%
- Oct 26, 20268.13%▼ from 8.28%
No additional details available.
- Oct 12, 20266.99%▲ from 5.73%
- Sep 25, 20265.73%first recorded
No additional details available.
- Oct 12, 20267.35%▲ from 6.00%
- Sep 25, 20266.00%first recorded
Based on $280,000 loan, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
- Nov 7, 20265.36%▼ from 5.47%
- Nov 3, 20265.47%▲ from 5.44%
- Oct 29, 20265.44%first recorded
Rate fixed for 60 months; annual adjustment cap 2% after 60 months; maximum adjustment for life of loan 4.0%; interest rates effective as of November 2, 2026; may vary based on credit score
- Nov 3, 20265.50%▲ from 5.25%
- Sep 14, 20265.25%first recorded
Rates effective June 3, 2026; Annual Cap: 2.00%; Lifetime Cap: 5.00%; Minimum Loan Amount is $20,000; Maximum Refinance Loan to Value is 90%; Maximum Purchase Money 95% LTV; APR based on 30-day average SOFR index; APR calculated on a $100,000 loan; based on A+ credit rating
As Low As; Enjoy a low initial rate that adjusts with the market. Various terms and options available.
- Oct 26, 20265.88%▼ from 6.00%
- Oct 14, 20266.00%▼ from 6.13%
- Oct 1, 20266.13%▲ from 5.63%
- Sep 18, 20265.63%▲ from 5.50%
As Low As; Estimated payment: $2,098.43 per month for initial fixed rate period (5 years)
Purchase transaction with 20% down payment; APR based on $100,000 loan amount for 80% LTV purchase
APR fixed for first 60 months, then adjusts annually based on market index; purchase and refinance of residential property only
- Nov 3, 20266.04%▼ from 6.16%
- Oct 29, 20266.16%▼ from 6.17%
- Oct 19, 20266.17%first recorded
As Low As; Rate and payment locked for first 5 years, then adjustable every 5 years; 5% minimum down payment
- Oct 2, 20266.09%▲ from 5.84%
- Sep 20, 20265.84%▲ from 5.59%
- Sep 14, 20265.59%first recorded
As Low As; Mortgage Loans Rates
Term: 5/6 ARM 30-Year Variable; Loan amount up to $832,750; Rate Effective Date: November 07, 2026
As Low As; Interest Rate/APR shown as rate / APR; Term structure 5/1 ARM; 1% annual rate caps
As Low As; Adjustable Rate (15/15 ARM) - Primary or secondary owner-occupied residence, $205,000 loan amount, 80% LTV, 5% Rate Cap for one-time adjustment; Payment example: $1278.93
- Oct 23, 20266.63%▲ from 6.61%
- Oct 5, 20266.61%▲ from 6.24%
- Sep 17, 20266.24%▲ from 6.22%
- Sep 14, 20266.22%first recorded
The Woodlands 30-Year Jumbo Refinance Rates
Monthly Principal & Interest: $6,654.00; Jumbo loans greater than $832,750; 20% down payment required; up to 80% LTV
- Oct 29, 20267.07%▼ from 7.21%
- Oct 26, 20267.21%first recorded
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20266.53%▼ from 6.60%
- Oct 26, 20266.60%▲ from 6.53%
- Oct 20, 20266.53%first recorded
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20266.83%▲ from 6.75%
- Oct 20, 20266.75%first recorded
Jumbo loans greater than $832,750; 20% down payment required; up to 80% LTV
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20267.29%▼ from 7.54%
- Oct 26, 20267.54%▲ from 7.41%
- Oct 20, 20267.41%first recorded
Purchase or refinance of a luxury home, also available as home equity; fixed for first 7 years; Amount $806,501 - $2,000,000
- Nov 8, 20267.33%▼ from 7.34%
- Nov 3, 20267.34%▲ from 7.29%
- Oct 29, 20267.29%▼ from 7.42%
- Oct 26, 20267.42%▼ from 7.56%
As Low As; Estimated Payment: $5,541.97 per month for 30 years
Refinance rate; 7-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
Refinance rate; 10-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
Refinance rate; based on $940,000 loan amount and at least 25% equity
Refinance rate; based on $940,000 loan amount and at least 25% equity
$1,000,000; As Low As; Mortgage Loan Rates
- Oct 4, 20267.90%▲ from 7.37%
- Sep 14, 20267.37%first recorded
$1,600,000.00+; As Low As; Mortgage Loan Rates
- Oct 4, 20268.15%▲ from 7.63%
- Sep 14, 20267.63%first recorded
As Low As; Loan amounts greater than $832,750; Primary Residence and Second Homes available
As Low As; Loan amounts greater than $832,750; Rates based on 80% loan to value; financing up to 90% LTV; origination fees may apply; construction phase up to 1 year in addition to terms listed above
- Oct 2, 20266.25%▲ from 5.99%
- Sep 20, 20265.99%▲ from 5.74%
- Sep 14, 20265.74%first recorded
The Woodlands 15-Year Jumbo Refinance Rates
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20267.19%▼ from 7.31%
- Oct 20, 20267.31%first recorded
Refinance rate; based on $940,000 loan amount and at least 25% equity
As Low As; Loan amounts greater than $832,750; Primary Residence and Second Homes available
Lender Fee: 0.00%
- Oct 30, 20266.49%▼ from 6.74%
- Oct 19, 20266.74%▼ from 6.99%
- Oct 14, 20266.99%first recorded
As Low As; Loan amounts greater than $832,750; Rates based on 80% loan to value; financing up to 90% LTV; origination fees may apply; construction phase up to 1 year in addition to terms listed above
- Oct 2, 20266.51%▲ from 6.26%
- Sep 20, 20266.26%▲ from 6.00%
- Sep 14, 20266.00%first recorded
Conventional fixed mortgage; minimum 5% down payment; Rates as of Nov 10, 2026 ET
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 7, 20266.83%▼ from 6.96%
- Nov 3, 20266.96%▼ from 7.21%
- Oct 23, 20267.21%▼ from 7.34%
- Oct 5, 20267.34%▼ from 7.46%
Jumbo; Discount Point: 1.03%; Origination Point: 0.00%
- Nov 9, 20266.90%▼ from 6.93%
- Oct 30, 20266.93%▼ from 6.97%
- Oct 19, 20266.97%first recorded
Jumbo loan; based on $806,500.00 loan amount
- Oct 29, 20266.94%▼ from 7.23%
- Oct 26, 20267.23%▲ from 7.20%
- Oct 19, 20267.20%▼ from 7.23%
- Oct 13, 20267.23%first recorded
$766,551-$999,999; As Low As; Home Loan Rates
- Oct 2, 20267.14%▲ from 6.64%
- Sep 14, 20266.64%first recorded
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
The Woodlands 5/1 Jumbo ARM Refinance Rates
Refinance rate; 5-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
No additional details available.
- Nov 3, 20265.99%▼ from 6.10%
- Oct 29, 20266.10%▲ from 6.07%
- Oct 26, 20266.07%▼ from 6.12%
- Oct 19, 20266.12%▲ from 6.10%
As Low As; Estimated Payment per $10,000: $59.96; Loan amounts greater than $832,750; 5/5 adjustable-rate mortgage; minimum down payment 5%
- Oct 2, 20266.04%▲ from 5.79%
- Sep 20, 20265.79%▲ from 5.54%
- Sep 14, 20265.54%first recorded
As Low As
- Nov 11, 20266.45%▼ from 6.53%
- Nov 5, 20266.53%▼ from 6.65%
- Oct 31, 20266.65%▼ from 6.78%
- Oct 20, 20266.78%▼ from 6.83%
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.48%▼ from 6.78%
- Oct 23, 20266.78%▼ from 6.83%
- Oct 15, 20266.83%▲ from 6.75%
- Oct 13, 20266.75%▼ from 6.80%
Variable rate; Jumbo 5/6 ARM 30-Year Variable
- Nov 7, 20266.48%▼ from 6.70%
- Sep 25, 20266.70%first recorded
Rate as low as 6.375%; based on a $1,200,000 loan amount with 80% CLTV and FICO>=740; 5% rate cap for one-time adjustment; primary or secondary owner-occupied; rate and payment may increase after consummation
- Oct 23, 20266.60%▲ from 6.58%
- Sep 25, 20266.58%▲ from 6.20%
- Sep 17, 20266.20%▲ from 6.18%
- Sep 14, 20266.18%first recorded
Jumbo Home Loans; Payment example: $6157.17
- Nov 9, 20266.66%▼ from 6.71%
- Nov 5, 20266.71%▼ from 6.76%
- Oct 30, 20266.76%▲ from 6.71%
- Oct 26, 20266.71%first recorded
Jumbo Home Loans; Payment example: $6238.70
- Nov 9, 20266.86%▼ from 6.91%
- Nov 5, 20266.91%▼ from 7.03%
- Oct 30, 20267.03%▼ from 7.05%
- Oct 26, 20267.05%first recorded
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
The Woodlands FHA Loan Rates
Monthly Principal & Interest: $1,955.00; Origination fees may apply
- Oct 29, 20267.52%▼ from 7.61%
- Oct 26, 20267.61%first recorded
Refinance; requires mortgage insurance; FHA guaranteed
Origination fees may apply
- Oct 29, 20267.52%▼ from 7.61%
- Oct 26, 20267.61%first recorded
Purchase; requires mortgage insurance; FHA guaranteed
As Low As; Home Loan Rates
- Oct 2, 20266.84%▼ from 6.92%
- Sep 14, 20266.92%first recorded
As Low As; Home Loan Rates
- Oct 2, 20267.41%▲ from 7.31%
- Sep 14, 20267.31%first recorded
As Low As; Home Loan Rates
- Oct 2, 20267.42%▲ from 7.32%
- Sep 14, 20267.32%first recorded
Refinance rate; based on $270,019 loan amount and at least 3.5% equity
Loan amount $280,000, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
Loan amount $280,000, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
Loan amount $280,000, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20267.00%▼ from 7.17%
- Oct 30, 20267.17%▼ from 7.38%
- Oct 14, 20267.38%▼ from 7.41%
- Oct 10, 20267.41%▲ from 7.36%
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 9, 20267.21%▼ from 7.34%
- Nov 5, 20267.34%▼ from 7.46%
- Oct 30, 20267.46%▼ from 7.72%
- Oct 10, 20267.72%▼ from 7.85%
As low as rates; Down payment as low as 3.5% of the purchase price
- Nov 12, 20267.56%▼ from 7.69%
- Nov 7, 20267.69%▼ from 7.82%
- Oct 12, 20267.82%first recorded
As low as rates; Down payment as low as 3.5% of the purchase price
- Nov 7, 20267.62%▲ from 7.36%
- Oct 12, 20267.36%first recorded
The Woodlands VA Loan Rates
Purchase; for military veterans; VA guaranteed
As Low As; Home Loan Rates
- Oct 2, 20266.84%▲ from 6.20%
- Sep 14, 20266.20%first recorded
Our refinance rates
As Low As; Home Loan Rates
- Oct 2, 20267.41%▲ from 6.69%
- Sep 14, 20266.69%first recorded
As Low As; Home Loan Rates
- Oct 2, 20267.42%▲ from 6.80%
- Sep 14, 20266.80%first recorded
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.37%▲ from 6.24%
- Nov 5, 20266.24%first recorded
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.41%▼ from 6.80%
- Oct 23, 20266.80%▼ from 6.86%
- Oct 15, 20266.86%▲ from 6.80%
- Oct 13, 20266.80%▼ from 6.87%
Term: 7/6 ARM 30-Year Variable; Loan amount up to $832,750; Rate Effective Date: November 07, 2026
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.48%▼ from 6.78%
- Oct 23, 20266.78%▼ from 6.83%
- Oct 15, 20266.83%▲ from 6.75%
- Oct 13, 20266.75%▼ from 6.80%
Term: 5/6 ARM 30-Year Variable; Loan amount up to $832,750; Rate Effective Date: November 07, 2026
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20266.53%▼ from 6.91%
- Oct 30, 20266.91%▼ from 7.10%
- Oct 19, 20267.10%▼ from 7.12%
- Oct 14, 20267.12%▼ from 7.14%
Fixed-rate mortgage; Our purchase rates
Fixed-rate mortgage; Our purchase rates
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.58%▼ from 7.10%
- Oct 14, 20267.10%first recorded
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20267.05%▼ from 7.17%
- Oct 30, 20267.17%▼ from 7.43%
- Oct 14, 20267.43%▼ from 7.56%
- Oct 1, 20267.56%▲ from 7.17%
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
National Refinance Rate Averages
Daily averages of posted rates across every lender we track, as of November 13, 2026. Use these as the benchmark for the The Woodlands, Texas quotes above; lenders that price refinances separately currently run about 0.125 points higher.
The Woodlands, TX Refinance Rate Trends
Compare local The Woodlands, TX refinance quotes against the statewide average
Daily averages of posted first-mortgage rates across our lender network, updated every evening. Because most lenders price purchase and refinance loans identically, this is the benchmark a Texas refinance quote should be measured against, plus roughly 0.125 points at lenders that price refinances separately.
Texas 30-year fixed rates fell 0.032 points over the past 7 days to 7.196%.
Texas 15-year fixed rates fell 0.025 points over the past 7 days to 6.682%.
What The Woodlands, TX Homeowners Actually Pay to Refinance
Posted refinance rates from our lender network alongside the rates borrowers closed at, from federal HMDA filings
Two different measures. The refinance premium is computed nightly from lenders that publish separate purchase and refinance pricing. HMDA figures are median note rates on loans that actually closed.
Texas Refinance Rate Forecast, Next 12 Months
Where are Texas refinance rates headed through November 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. If the forecast shows rates falling, waiting may beat refinancing today; the break-even calculator below shows what each scenario is worth. Not financial advice.
What Forecast Rates Mean for The Woodlands, TX Homeowners Refinancing
Monthly principal & interest on a 30-year refinance of the loan of $409,360 (80% of the city median home value). Payment differences show what waiting for the forecast rate would be worth each month.
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (TX avg) | 7.196% | $2,778 | 23.7% | |
| 6-Month Forecast | 7.196% (6.85, 7.50%) | $2,778 | +$0/mo | 23.7% |
| 12-Month Forecast | 7.446% (7.10, 7.75%) | $2,847 | +$70/mo | 24.3% |
Income column = annual mortgage payment as % of The Woodlands, TX median household income ($140,701). Above 30% is generally considered cost-burdened.
The Woodlands, Texas Refinance Break-Even Calculator
Enter your current loan and the refinance rate you have been quoted. The calculator shows the new payment, monthly savings, and how many months it takes for those savings to pay back the closing costs. Click a current The Woodlands, Texas rate on the right to test it instantly.
Principal and interest only. Excludes escrow, mortgage insurance, and any prepayment penalty on the current loan. Lifetime interest compares the remaining interest on the current loan to total interest on the new loan. Estimates are for informational purposes only.
Run the Numbers on Your The Woodlands, Texas Refinance
The rate is only part of the decision. Use these calculators to turn current The Woodlands, Texas home refinance rates into monthly savings, break-even months, and total interest before you request quotes from refinance lenders.
If you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateEnter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateIf your goal is cash rather than a lower rate, compare current The Woodlands, Texas home equity loan and HELOC rates against a cash-out refinance. Keeping a low existing first mortgage and adding a second lien is often the cheaper path, especially for loans originated between 2020 and 2022.
CompareTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current The Woodlands, Texas rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateTypes of Refinance Loans Available in The Woodlands, Texas
Homeowners in The Woodlands, Texas can choose from several refinance programs. The right one depends on what you are trying to do: lower the rate, shorten the term, pull cash out, or drop mortgage insurance. Pricing, appraisal requirements, and eligibility differ across each, and the cheapest program is not always the lowest posted rate once fees are counted.
Rate-and-Term Refinance
The standard refinance. You replace your existing mortgage with a new loan for about the same balance, changing only the rate, the term, or both. It is the lowest-priced refinance product at nearly every Texas lender because the loan-to-value ratio does not rise.
Best for homeowners whose rate is at least half a point above today’s The Woodlands, Texas average and who plan to stay past the break-even point. Choosing a term that matches your remaining years, rather than resetting to 30, keeps the payoff date where it is.
Cash-Out Refinance
A cash-out refinance replaces your mortgage with a larger one and hands you the difference at closing. Conventional lenders cap the new loan at 80% of appraised value; VA cash-out loans go to 90%. Rates run above rate-and-term pricing.
If you hold a low rate from 2020 to 2022, a home equity loan or HELOC in The Woodlands, Texas usually costs less than refinancing the whole balance at today’s rate to pull out cash.
FHA Streamline Refinance
For homeowners already in an FHA loan. No appraisal, no income verification, and limited credit review, as long as the new loan produces a net tangible benefit (generally a rate at least 0.5% lower, or a move from an ARM to a fixed rate). You need 210 days since the first payment and six on-time payments.
The upfront mortgage insurance premium is reduced to 0.01% and annual MIP continues, so FHA borrowers with 20% equity and good credit should also price a conventional rate-and-term refinance, which drops mortgage insurance entirely.
VA IRRRL (Streamline Refinance)
The Interest Rate Reduction Refinance Loan lets veterans refinance an existing VA loan with no appraisal, no income documentation, and a funding fee of just 0.5% (waived for borrowers with a service-connected disability). Closing costs can be rolled into the loan.
The new rate must be lower than the current one unless you are moving from an ARM to a fixed rate, and you must recoup closing costs within 36 months. VA lenders in Texas quote IRRRL pricing separately, so ask for it by name.
USDA Streamlined-Assist Refinance
For homeowners with an existing USDA Rural Development loan. No appraisal or credit review in most cases, and the new payment must be at least $50 a month lower than the current one. The property no longer has to meet the rural eligibility map.
Twelve months of on-time payments are required, and the 1% upfront guarantee fee plus the annual fee apply to the new loan.
Jumbo Refinance
The 2026 FHFA conforming loan limit for The Woodlands, Texas is $832,750. A refinance above that amount is a jumbo loan and stays on the lender’s books or goes to private investors, so pricing and underwriting are set lender by lender.
Jumbo refinances usually require a 700 or higher credit score, reserves of six to twelve months of payments, and a loan-to-value of 80% or less. Because balances are large, even a quarter-point rate difference is worth thousands a year, so compare the 30-Year Jumbo and 15-Year Jumbo tabs above closely. If paying the balance down to the conforming limit at closing is possible, conforming refinance pricing is often noticeably better.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our The Woodlands, Texas refinance rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Refinance Rate Data: We aggregate mortgage and refinance rates for The Woodlands, Texas directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Where a lender publishes a product specifically for refinancing, that product is listed by name; where a lender publishes one rate sheet for purchase and refinance loans, that rate is shown as the refinance rate, which is how the lender itself quotes it.
Refinance Premium and HMDA Figures: The refinance premium is the average difference between a lender’s refinance-labeled product and the same lender’s standard product of the same term, computed nightly across lenders that publish both. It is shown for context and is never added to any rate in the tables. HMDA figures are median note rates on first-lien, owner-occupied, one-to-four-unit loans originated in the most recent reporting year, from the Consumer Financial Protection Bureau’s public Loan/Application Register.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in The Woodlands, Texas. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in TX.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage and refinance rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Refinance Product Information
How a Mortgage Refinance Works
A refinance pays off your current mortgage with a new loan on the same The Woodlands, Texas home. The new lender wires the payoff to the old lender at closing, and from that point you make payments on the new loan only. Because it is a brand-new mortgage, you go through an application, credit check, and usually an appraisal, and you pay closing costs, just as you did when you bought the home.
Refinance Rates vs. Purchase Rates
Most Texas banks and credit unions post one rate sheet that applies to purchase and refinance loans alike, which is why the tables above show the same lenders you will find on our The Woodlands, Texas mortgage rates page. For example, First Community Credit Union Houston, TX is listing a Refinance - 30 Year Fixed at 6.875% for either purpose. Some lenders price refinances separately and list them by name, such as First Community Credit Union Houston, TX’s Refinance - 15 Year Fixed at 6.00%. Across lenders that post both, refinance pricing currently runs about 0.125 points above the same lender’s purchase rate in Texas. Cash-out refinances, investment properties, and second homes carry pricing add-ons at every lender.
Finding Your Break Even Point
Divide total closing costs by the monthly payment savings and you get the number of months until the refinance has paid for itself. A The Woodlands, Texas homeowner who expects to sell before that month should not refinance, no matter how good the rate looks. The calculator above runs this math with today’s local rates. A shorter break-even, under three years, is a comfortable margin; anything past five years needs a long stay to pay off.
Refinance Closing Costs
Refinance closing costs in Texas typically run two to five percent of the loan and include the lender’s origination fee, appraisal, title search and lender’s title policy, recording fees, and prepaid interest. Discount points are optional and buy the rate down. A no-closing-cost refinance rolls the fees into a higher rate or the loan balance. It is not free, but it can be the better choice for a homeowner likely to move or refinance again within a few years, because there is nothing to recoup.
When to Wait
Refinancing rarely pays when the new rate is less than half a point below the current one, when you are more than ten years into a 30-year loan and would reset the clock, or when your credit score has dropped since the original loan. Homeowners holding a rate from 2020 to 2022 are usually better served by keeping that loan and using a home equity loan or HELOC for cash needs. Our Texas refinance rate trends above show where rates have been over the past 90 days, and the forecast gives a sense of where they may head, so you can decide whether to lock now or wait.
Frequently Asked Questions about Refinance Rates in The Woodlands, Texas
What are refinance rates in The Woodlands, Texas today?
What are home loan refinance rates in The Woodlands, TX today?
Are refinance rates higher than purchase mortgage rates in The Woodlands, Texas?
When does refinancing make sense in The Woodlands, Texas?
How soon can I refinance a mortgage in The Woodlands, Texas?
What is a rate-and-term refinance?
What is a cash-out refinance?
Does refinancing reset my 30-year term?
What are typical refinance closing costs in The Woodlands, Texas?
What is the difference between interest rate and APR on a refinance?
Should I lock my refinance rate?
How do I compare refinance lenders in The Woodlands, Texas?
How do I get refinance quotes in The Woodlands, Texas?
What are the best refinance rates in The Woodlands, Texas?
- First Community Credit Union Houston, TX: 6.875% (Refinance - 30 Year Fixed)
- Texas Dow Employees Credit Union: 7.00% (Refinance Your Mortgage - Conforming 30-Year Fixed)
- Frost Bank: 5.75% (Frost Progress Mortgage Options - 30-year fixed-rate (Income-based))
- Brazos Valley Schools Credit Union: 6.75% (Purchase/Refinance 90% Loan to Value - 30-Year Fixed Rate)
- Chemcel Federal Credit Union: 6.054% (Home Mortgage Loans - 30 Year Fixed)
The Woodlands, Texas Rates & Resources
