"Central Texas housing market moves in step with summer trends"

According to the latest Central Texas Housing Report, the Austin-Round Rock-San Marcos MSA recorded 2,492 sales, down 7.9% from last July, with a median price of $435,000. The market followed familiar summer trends with sales slowing and prices adjusting slightly, while inventory stayed above 2024 levels despite a dip from June. Pending sales rose more than 15%, signaling stronger activity heading into fall.

The current average 30-year fixed mortgage rate in Texas decreased 1 basis point from 6.64% to 6.63%. Texas mortgage rates today are 6 basis points lower than the national average rate of 6.69%. The Texas mortgage interest rate on August 19, 2025 is down 2 basis points from last week's average Texas rate of 6.65%. Additionally, the current average 15-year fixed mortgage rate in Texas decreased 12 basis points from 5.82% to 5.70% and the current average 5-year ARM mortgage rate is down 25 basis points from 7.40% to 7.15%.