Compare Today’s Mortgage Rates for Alabaster, Alabama

Pureloan searches mortgage lenders and major banks in Alabaster, Alabama 35007 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $1,614 or $4 / month is expected in Alabaster and other areas of Shelby county.

Pureloan’s search engine explores all home mortgage options in Alabaster, Alabama 35007, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Alabaster, Alabama 35007

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Alabaster, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Alabaster, AL 35007, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for Alabaster, AL

Historical Mortgage Rates for Alabaster, Alabama 35007 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Alabaster, Alabama and around Shelby county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 89.44% 85.94% 83.88% 87.56% 87.25% 89.46% 87.61% 91.70%
avg mortgage rate 4.93% 4.61% 3.92% 4.00% 4.49% 4.16% 3.96% 4.19%
% 15 year fixed mortgage 9.63% 11.65% 12.17% 10.37% 10.74% 7.98% 10.26% 7.92%
avg mortgage rate 4.34% 4.03% 3.15% 3.08% 3.47% 3.27% 3.16% 3.34%
Avg credit score 763.17 761.86 755.86 756.13 753.85 750.26 749.83 750.17
Avg LTV (loan to value) 78.03% 77.76% 80.38% 82.19% 84.12% 84.16% 83.51% 83.32%
Avg DTI (debt to income) 30.69 30.81 30.22 31.14 31.17 31.78 31.26 32.00
% First time homebuyer 24.22% 26.10% 26.64% 30.88% 25.67% 20.80% 22.65% 17.36%
Avg mortgage insurance % 6.31% 6.49% 9.29% 11.71% 14.94% 15.03% 14.34% 14.02%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Alabaster, Alabama 35007

If you’re looking to buy a new home in Alabaster, we have compiled a list of the leading mortgage brokers around Alabaster, Alabama 35007 to help you with your search.

Name
Address
Contact

Mortgage Source

1012 1st St N

Alabaster AL 35007

(205) 663-4492

Wells Fargo Home Mortgage

6919 Highway 119

Alabaster AL 35007

(205) 620-3103

http://www.wellsfargo.com/mortgage/

Regional Finance Corporation

458 1st St SW

Alabaster AL 35007

(205) 419-4309

Boston Sharp Laurie Attorney At Law

6919 Highway 119

Alabaster AL 35007

(205) 995-9537

Covington Credit Corporation

37 Buck Creek Plz

Alabaster AL 35007

(205) 664-7911

Address

1012 1st St N

Alabaster AL

Contact

(205) 663-4492

Address

6919 Highway 119

Alabaster AL

Contact

(205) 620-3103

http://www.wellsfargo.com/mortgage/

Address

458 1st St SW

Alabaster AL

Contact

(205) 419-4309

News on Mortgages and Reverse Mortgages for Alabaster, Alabama 35007