Compare Today’s Mortgage Rates for Auburn, Alabama

Pureloan searches mortgage lenders and major banks in Auburn, Alabama 36832 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 $8,676 or $24 / month is expected in Auburn and other areas of Lee county.

Pureloan’s search engine explores all home mortgage options in Auburn, Alabama 36832, 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 Auburn, Alabama 36832

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 Auburn, AL 36832, 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 Auburn, Alabama 36832 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Auburn, Alabama and around Lee 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 Auburn, Alabama 36832

If you’re looking to buy a new home in Auburn, we have compiled a list of the leading mortgage brokers around Auburn, Alabama 36832 to help you with your search.

Name
Address
Contact

Rbc Bank

1605 S College St

Auburn AL 36832

(334) 887-8748

http://www.rbcbankusa.com/

First South Farm Credit

1642 S College St

Auburn AL 36832

(334) 826-5263

montgomery@firstsouthland.com

Republic Finance

2021 S College St

Auburn AL 36832

(334) 887-6025

http://www.republicfinance.com/

Old American Mortgage Services

1234A Commerce Dr

Auburn AL 36832

(334) 821-6099

Cash Station

2026 Janabrooke Ln

Auburn AL 36832

(334) 745-2274

Address

1605 S College St

Auburn AL

Contact

(334) 887-8748

http://www.rbcbankusa.com/

Address

1642 S College St

Auburn AL

Contact

(334) 826-5263

montgomery@firstsouthland.com

Address

2021 S College St

Auburn AL

Contact

(334) 887-6025

http://www.republicfinance.com/

News on Mortgages and Reverse Mortgages for Auburn, Alabama 36832