Texas mortgage rates November 12, 2026: a credit at closest to $0
On November 12, 2026 at 12:36 PM ET, RateVerdict priced a $400,000 30-year fixed Texas refinance with 780+ credit and the rate closest to $0 at closing was 6.750% (6.777% APR) with $264 in lender credit, the only one of the ten states RateVerdict priced that day where that rate came with a credit (source: RateVerdict Texas rate table and mortgage rates by state).
The short answer for November 12, 2026
RateVerdict priced one Texas loan at 12:36 PM ET on Thursday, November 12, 2026: a $400,000 30-year fixed refinance with a credit score of 780 or higher, priced against dozens of lenders (source: RateVerdict Texas rate table, as of November 12, 2026, 12:36 PM ET).
The rate closest to $0 at closing was 6.750%, with a 6.777% APR and $264 in lender credit. The top of the table was 6.125%, with a 6.440% APR and $11,940 in points (same source and time).
A credit, not a cost, at the closest-to-$0 rate
On Thursday, Texas's rate closest to $0 at closing, 6.750%, came with $264 in lender credit (-0.066 points) and a 6.777% APR. That means the lender would put $264 toward closing costs at that rate (source: RateVerdict Texas rate table, as of November 12, 2026, 12:36 PM ET).
In the nine other states RateVerdict priced the same loan on Thursday, 6.750% was also closest to $0, but each came with a small cost in points (source: RateVerdict mortgage rates by state, November 12, 2026).
The day before, November 11, the Texas rate closest to $0 was 6.625% with $432 in lender credit and a 6.695% APR. On Thursday 6.625% came with $1,500 in points instead (sources: RateVerdict Texas rate history and rate table).
What a small credit can do
- A lender credit lowers the cash you bring to closing. It can usually go only toward closing costs and prepaid items on that loan.
- You still take the rate that comes with it for as long as you keep the loan.
- Your own credit depends on your loan amount, credit score and home value. The rate tool prices your numbers.
Thursday's full Texas table
Every rate RateVerdict kept for the sample loan, each with its APR and its cost or credit at closing.
Today's Texas table shows every rate with its APR and its cost or credit in dollars, no sign-up needed.
See today's Texas rates| Rate | APR | Points | Cost or credit at closing |
|---|---|---|---|
| 6.125% | 6.440% | 2.985 | $11,940 cost |
| 6.250% | 6.493% | 2.233 | $8,932 cost |
| 6.375% | 6.559% | 1.623 | $6,492 cost |
| 6.500% | 6.617% | 0.875 | $3,500 cost |
| 6.625% | 6.694% | 0.375 | $1,500 cost |
| 6.750% | 6.777% | -0.066 | $264 credit |
| 6.875% | 6.902% | -0.543 | $2,172 credit |
| 7.000% | 7.027% | -1.029 | $4,116 credit |
| 7.125% | 7.152% | -1.431 | $5,724 credit |
| 7.250% | 7.277% | -1.885 | $7,540 credit |
| 7.375% | 7.402% | -2.314 | $9,256 credit |
| 7.500% | 7.528% | -2.682 | $10,728 credit |
A Texas rule worth knowing
In Texas, a cash-out (home equity) loan on a homestead, added to every other lien on the home, may not exceed 80 percent of the home's fair market value. (source: Tex. Const. art. XVI, section 50(a)(6)(B)). The table in this post is a rate-and-term refinance with no cash out, so that limit is not part of its pricing.
See today's rate for your scenario
This post is one sample loan on one day. The Texas rate table on this site shows the current weekday table, and the Texas rate history page keeps past weekday snapshots. To compare states, see mortgage rates by state. To price your own balance, home value and credit range, use the rate tool on this site, with every rate shown beside its APR.
Common questions
What was the 30-year fixed refinance rate closest to $0 at closing in Texas on November 12, 2026?
It was 6.750% with a 6.777% APR and $264 in lender credit for the $400,000 Texas sample refinance with 780+ credit (source: RateVerdict Texas rate table, November 12, 2026, 12:36 PM ET).
Why did Texas show a lender credit at the rate closest to $0?
At 6.750% the Texas price was slightly below zero, -0.066 points, so it showed as a $264 credit. In nine other states the same rate priced slightly above zero (source: RateVerdict mortgage rates by state, November 12, 2026).
How did November 12 compare with November 11, 2026 in Texas?
The rate closest to $0 went from 6.625% (6.695% APR, $432 in lender credit) to 6.750% (6.777% APR, $264 in lender credit) (source: RateVerdict Texas rate history).
How much can I borrow on a Texas cash-out refinance?
Texas limits a home equity loan on a homestead, plus every other lien on the home, to 80 percent of fair market value (source: Tex. Const. art. XVI, section 50(a)(6)(B)).
Is a lender credit cash I can keep?
Usually not. A lender credit typically goes toward closing costs and prepaid items on that loan. Ask your lender how any amount above your costs is handled.
See today's Texas rates
Today's Texas table shows every rate with its APR and its cost or credit in dollars, no sign-up needed.
Sources
- RateVerdict, Texas mortgage rates today (weekday midday snapshot)as of November 12, 2026, 12:36 PM ET
- RateVerdict, Texas mortgage rate historyas of November 11 and November 12, 2026 snapshots
- RateVerdict, mortgage rates by stateas of November 12, 2026
- RateVerdict, rate tool for your own loanas of November 12, 2026
- Tex. Const. art. XVI, section 50(a)(6)(B)as of checked October 2026
This article is educational and is not an offer to lend, a rate lock, or a commitment to lend. Rates and terms depend on a complete application and are subject to credit approval, underwriting, and program guidelines. Any figure shown comes from our pricing engines or a cited source with its as-of date. See how we get our numbers on the methodology page.
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