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.

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Summary of Average Mortgage Terms in Altoona, Alabama 35952

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


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/

News on Mortgages and Reverse Mortgages for Altoona, Alabama 35952