Compare Today’s Mortgage Rates for Andalusia, Alabama

Pureloan searches mortgage lenders and major banks in Andalusia, Alabama 36421 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 $3,303 or $9 / month is expected in Andalusia and other areas of Covington county.

Pureloan’s search engine explores all home mortgage options in Andalusia, Alabama 36421, 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 Andalusia, Alabama 36421

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 Andalusia, AL 36421, 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 Andalusia, Alabama 36421 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Andalusia, Alabama and around Covington 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 93.37% 86.67% 87.72% 88.79% 88.85% 86.10% 88.92% 87.30%
avg mortgage rate 4.89% 4.62% 3.85% 3.90% 4.48% 4.13% 3.94% 4.12%
% 15 year fixed mortgage 5.42% 12.50% 11.11% 8.88% 8.85% 12.36% 7.38% 10.32%
avg mortgage rate 4.29% 3.93% 3.26% 2.91% 3.49% 3.28% 3.10% 3.18%
Avg credit score 766.05 762.98 759.42 759.22 753.95 753.35 749.27 754.71
Avg LTV (loan to value) 75.44% 77.84% 81.92% 82.83% 83.45% 84.34% 85.08% 84.09%
Avg DTI (debt to income) 31.00 31.43 30.44 31.97 30.90 33.15 32.77 33.29
% First time homebuyer 30.72% 26.67% 22.22% 27.57% 28.46% 23.55% 21.54% 20.63%
Avg mortgage insurance % 4.03% 6.59% 10.96% 12.68% 14.28% 14.92% 16.06% 13.22%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Andalusia, Alabama 36421

If you’re looking to buy a new home in Andalusia, we have compiled a list of the leading mortgage brokers around Andalusia, Alabama 36421 to help you with your search.

Name
Address
Contact

Afc Mortgage

1831 E Three Notch St

Andalusia AL 36421

(334) 222-1880

http://www.afcmortgage.com/

Title Max

1800 E Three Notch St

Andalusia AL 36421

(334) 427-1104

http://www.titlemax.biz/

World Finance Corporation

1819 E Three Notch St

Andalusia AL 36421

(334) 222-2552

http://www.firstsouthland.com/

Acceptance Loan Co.

1805 E Three Notch St

Andalusia AL 36421

(334) 222-1688

http://acceptanceloan.com

Check 'n Go

1813 E Three Notch St

Andalusia AL 36421

(334) 222-5090

comments@checkngo.com

Address

1831 E Three Notch St

Andalusia AL

Contact

(334) 222-1880

http://www.afcmortgage.com/

Address

1800 E Three Notch St

Andalusia AL

Contact

(334) 427-1104

http://www.titlemax.biz/

Address

1819 E Three Notch St

Andalusia AL

Contact

(334) 222-2552

http://www.firstsouthland.com/

News on Mortgages and Reverse Mortgages for Andalusia, Alabama 36421