Compare Today’s Mortgage Rates for Altoona, Alabama
Pureloan searches mortgage lenders and major banks in Altoona, Alabama 35952 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 $3,836 or $11 / month is expected in Altoona and other areas of Etowah county.
Pureloan’s search engine explores all home mortgage options in Altoona, Alabama 35952, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
No suitable program is found
Summary of Average Mortgage Terms in Altoona, Alabama 35952
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Altoona, AL 35952, 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.
Historical Mortgage Rates for Altoona, Alabama 35952 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Altoona, Alabama and around Etowah 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 | 85.43% | 79.88% | 81.18% | 87.12% | 85.10% | 88.33% | 84.52% | 85.62% |
| avg mortgage rate | 4.79% | 4.55% | 3.83% | 3.88% | 4.38% | 4.05% | 3.93% | 4.12% |
| % 15 year fixed mortgage | 12.15% | 17.16% | 16.13% | 11.86% | 12.12% | 10.76% | 13.31% | 11.64% |
| avg mortgage rate | 4.20% | 3.68% | 3.17% | 3.14% | 3.42% | 3.23% | 3.00% | 3.21% |
| Avg credit score | 763.45 | 760.86 | 760.60 | 758.87 | 758.55 | 757.00 | 756.20 | 757.18 |
| Avg LTV (loan to value) | 76.83% | 78.95% | 82.17% | 82.45% | 83.17% | 84.08% | 84.13% | 83.59% |
| Avg DTI (debt to income) | 30.24 | 30.25 | 27.92 | 27.95 | 29.60 | 29.11 | 29.56 | 31.08 |
| % First time homebuyer | 26.72% | 31.36% | 28.49% | 31.86% | 23.74% | 27.46% | 26.01% | 23.97% |
| Avg mortgage insurance % | 4.95% | 6.63% | 10.92% | 11.53% | 12.39% | 13.58% | 13.96% | 14.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Altoona, Alabama 35952
If you’re looking to buy a new home in Altoona, we have compiled a list of the leading mortgage brokers around Altoona, Alabama 35952 to help you with your search.
Name
Address
Contact
Debbie Free Inc.
302 Martling Rd
Albertville AL 35952
(256) 660-0961
Consumer First Mortgage
302 Martling Rd
Albertville AL 35952
(256) 878-1112
First Lenders Mortgage Corporation
8357 US Highway 431
Albertville AL 35952
(256) 891-0681
http://firstlenders.com/
First Community Credit
8120 US Highway 431
Albertville AL 35952
(256) 891-0460
http://www.superiorbank.com
Mortgage Group
8138 US Highway 431
Albertville AL 35952
(256) 878-1122
jdavis@thebmgllc.com
Address
302 Martling Rd
Albertville AL
Contact
(256) 660-0961
Address
302 Martling Rd
Albertville AL
Contact
(256) 878-1112
Address
8357 US Highway 431
Albertville AL
Contact
(256) 891-0681
http://firstlenders.com/