Mortgage Rates in Hubbard, Texas — March 2026
Updated March 2026 | Based on Hubbard market data and regional lending conditions
Hubbard is a smaller Texas community of 30,364 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.72% (0.07% above the national average). The median home price of $230,000 translates to roughly $1,537/month with 20% down — requiring an income of about $65,871, which exceeds the local median of $63,000.
Current Mortgage Rates in Hubbard, TX
Below are the current average mortgage rates available in the Hubbard 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 | 6.72% | 6.65% | +0.07% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.97% | 6.85% | +0.12% |
Hubbard Housing Market Overview
At $230,000, Hubbard offers more affordable housing than most U.S. metros. The local cost of living index is 85.4 (100 = national average), and the median household income of $63,000 still requires careful budgeting at current rate levels.
Monthly Payment Breakdown for Hubbard
Based on the median home price of $230,000 with 20% down ($46,000), here is what you can expect to pay monthly in Hubbard:
15-Year vs. 30-Year Mortgage in Hubbard
Choosing a 15-year mortgage in Hubbard at 5.97% instead of a 30-year at 6.72% would save you $149,400 in total interest over the life of the loan. However, your monthly payment would be $1,550 instead of $1,190 — an increase of $360 per month.
Calculate Your Hubbard Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Hubbard
What are the current mortgage rates in Hubbard, TX?
As of March 2026, the average 30-year fixed mortgage rate in Hubbard, Texas is 6.72%, while the 15-year fixed rate is 5.97%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.07% above the national average of 6.65%.
How much is a monthly mortgage payment in Hubbard?
Based on the median home price of $230,000 with 20% down, the estimated monthly mortgage payment in Hubbard is $1,190 for principal and interest. Including property taxes of $347/month, the total monthly housing cost is approximately $1,537.
What income do I need to buy a home in Hubbard?
Using the 28% rule, you would need an annual income of approximately $65,871 to afford the median-priced home in Hubbard at $230,000. The median household income in Hubbard is $63,000. This means most households would need to either earn above the median or consider homes below $230,000.
Is Hubbard a good place to buy a home in 2026?
Hubbard offers a below-average cost of living with a cost of living index of 85.4 (national average = 100). The property tax rate in Texas is 1.81%, which is above the national average. Hubbard has a population of 30,364 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 Hubbard, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.