This week mortgage rates dropped under 6% for the first time since 2022 and down over a full percent since this time last year.

What does this mean for you and your bank account?

On a median priced home in Houston, you can pocket over $265 per month on your monthly mortgage payment (nearly $100,000 over the course of a 30-year mortgage) or put that money towards a higher priced home.

Our numbers guru, Lance Loken, shares the cost breakdown in the video below.

Here’s the math breakdown as of January 12, 2026:

• Median home price in Houston: $325,000

• 30-year mortgage rates

  • January 13, 2025

    • 7.24% rate

    • Monthly payment: $2,214.97

  • January 12, 2026

    • 5.99% rate

    • Monthly payment: $1,946.45

• That’s a cost difference of…

  • $268.42 per month

  • $3,221.04 per year

  • $99,631.20 over the course of the mortgage

Lock in your rate today and get more home for your money. Call or email us now!