Mortgage Rates in Brownsville, Texas — March 2026
Updated March 2026 | Based on Brownsville market data and regional lending conditions
Brownsville is a growing city in Texas with a population of 186,738. The current 30-year fixed mortgage rate in Brownsville is 6.7%, which is 0.05% above the national average. With a median home price of $135,000 and a 20% down payment of $27,000, homebuyers can expect a monthly principal and interest payment of approximately $697.
Current Mortgage Rates in Brownsville, TX
Below are the current average mortgage rates available in the Brownsville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Brownsville Housing Market Overview
The Brownsville housing market offers relatively affordable housing compared to many major cities. The median household income in Brownsville is $36,825, and the cost of living index is 78.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $38,571 to comfortably afford the median-priced home in Brownsville, which exceeds the current median household income.
Monthly Payment Breakdown for Brownsville
Based on the median home price of $135,000 with 20% down ($27,000), here is what you can expect to pay monthly in Brownsville:
15-Year vs. 30-Year Mortgage in Brownsville
Choosing a 15-year mortgage in Brownsville at 5.94% instead of a 30-year at 6.7% would save you $87,480 in total interest over the life of the loan. However, your monthly payment would be $908 instead of $697 — an increase of $211 per month.
Calculate Your Brownsville Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Brownsville
What are the current mortgage rates in Brownsville, TX?
As of March 2026, the average 30-year fixed mortgage rate in Brownsville, Texas is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Brownsville?
Based on the median home price of $135,000 with 20% down, the estimated monthly mortgage payment in Brownsville is $697 for principal and interest. Including property taxes of $203/month, the total monthly housing cost is approximately $900.
What income do I need to buy a home in Brownsville?
Using the 28% rule, you would need an annual income of approximately $38,571 to afford the median-priced home in Brownsville at $135,000. The median household income in Brownsville is $36,825. This means most households would need to either earn above the median or consider homes below $135,000.
Is Brownsville a good place to buy a home in 2026?
Brownsville offers a below-average cost of living with a cost of living index of 78.5 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. Brownsville has a population of 186,738 and offers a very affordable lifestyle.
Mortgage Rates in Other Texas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Brownsville, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.