Compare Today’s Mortgage Rates for Axis, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Axis, Alabama 36505. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $5,617 or $16 / month in Axis and other areas of Mobile county.

Our search engine explores all home mortgage options in Axis, Alabama 36505, 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 Axis, Alabama 36505

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 Axis, AL 36505, 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 Axis, Alabama 36505 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Axis, Alabama and around Mobile 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 Axis, Alabama 36505

If you’re looking to buy a new home in Axis, we have compiled a list of the leading mortgage brokers around Axis, Alabama 36505 to help you with your search.

Name
Address
Contact

Money Now

13571 Saint Stephens Ave

Chatom AL 36505

(251) 847-6339

http://www.moneynow.net

Hamilton Mortgage

2690 S McKenzie St

Foley AL 36505

(251) 952-4663

Mid America Mortgage South Ala

8112 Bay View Dr

Foley AL 36505

(251) 955-2154

Usa Realty

8605 State Highway 59

Foley AL 36505

(251) 943-6560

usarealty@live.com

North American Title Loans

320 N McKenzie St

Foley AL 36505

(251) 943-9000

https://www.northamericantitleloans.net/Locations/ALABAMA/Foley/320-N-McKenzie-St

Address

13571 Saint Stephens Ave

Chatom AL

Contact

(251) 847-6339

http://www.moneynow.net

Address

2690 S McKenzie St

Foley AL

Contact

(251) 952-4663

Address

8112 Bay View Dr

Foley AL

Contact

(251) 955-2154

News on Mortgages and Reverse Mortgages for Axis, Alabama 36505