Interest Rates & MarketQuestion 29

What Are Current Refinance Rates for Houston Rental Properties?

Houston investment property refinance rates run 6.5%–8% for conventional and 7%–9% for DSCR loans, depending on credit, LTV, and loan type.

Houston investment property refinance rates run 6.5%–8% for conventional and 7%–9% for DSCR loans, depending on credit, LTV, and loan type.

  • What to know: Navigate rate options strategically to minimize borrowing costs on your Houston rental portfolio.
  • Houston context: Houston's robust rental market and rising property values give landlords leverage when negotiating refinance rates and terms.
  • Action step: Never accept the first rate quote. Shopping 3–5 lenders can save you 0.25%–0.5%, which translates to thousands over the loan term.

Bottom Line

Interest rates are just one factor — total cost of borrowing (APR), prepayment flexibility, and loan features matter equally for Houston investors.

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