Irving Mortgage Rates 2026

As of 2026-05-28, the US average 30-year fixed mortgage rate is 6.53% and 15-year fixed is 5.87% (FRED MORTGAGE30US/MORTGAGE15US). Irving buyers should treat those figures as national benchmarks, then compare personalized Loan Estimates because actual APR changes with credit score, points, down payment, loan type, occupancy, and lender fees.

This guide models an Irving median home price of about $355,000 for payment examples. Actual prices vary widely by neighborhood, condition, school district boundary, commute pattern, and whether the property is near Las Colinas, Valley Ranch, or older central Irving inventory.

On a $355,000 Irving home with 20% down ($71,000), a 30-year mortgage at 6.53% creates a monthly principal-and-interest payment of about $1,801. Add modeled property tax of about $532/mo, plus homeowners insurance and any HOA, PMI, MIP, or local assessment. The all-in payment is what matters for affordability, not the rate alone.

Texas has no state income tax, so local governments and school districts rely heavily on property taxes. The Texas Comptroller states that school districts must provide a $140,000 residence homestead exemption for qualified homeowners, but buyers still need to verify taxable value, exemptions, escrow assumptions, and local taxing units with Dallas CAD, the lender, or the tax office.

Irving is useful for DFW buyers who want central access to Dallas, Las Colinas, DFW Airport, and nearby employment corridors. The right comparison is not just home price. Compare commute, property-tax jurisdiction, insurance, HOA, age of the home, repair budget, and whether the loan stays conventional, FHA, VA, or jumbo.

Conventional loans are common when the loan amount stays within the FHFA conforming limit. The 2026 national baseline one-unit conforming loan limit is $832,750. FHA, VA, and jumbo loans can all make sense depending on down payment, credit, eligibility, loan size, and property type. FHA limits are county-specific, so Dallas County FHA borrowers should confirm the current number in HUD’s official lookup.

Typical minimums vary by product and lender. Conventional loans often start around 620, while the best pricing usually requires stronger credit, lower debt-to-income, and larger reserves. FHA can be more flexible, VA eligibility depends on military-service rules and lender overlays, and jumbo loans usually require stronger credit, more reserves, and a larger down payment.

Do the payment math first. At a 6.53% 30-year benchmark, waiting only helps if the expected rate or price improvement is larger than the cost of rent, missed inventory, moving timeline, and potential home-price changes. If the payment is tight, compare lower price points, larger down payments, seller credits, buydowns, or waiting with a specific savings target.