Compare Today’s Mortgage Rates for Belk, Alabama
Pureloan searches mortgage lenders and major banks in Belk, Alabama 35545 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 $2,064 or $6 / month is expected in Belk and other areas of Fayette county.
Pureloan’s search engine explores all home mortgage options in Belk, Alabama 35545, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Belk, Alabama 35545
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Belk, AL
To forecast and predict mortgage rates in Belk, AL 35545, 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 Belk, Alabama 35545 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Belk, Alabama and around Fayette 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 Belk, Alabama 35545
If you’re looking to buy a new home in Belk, we have compiled a list of the leading mortgage brokers around Belk, Alabama 35545 to help you with your search.
Name
Address
Contact
1st Franklin Financial
2302 Temple Ave N
Fayette AL 35545
(205) 932-8080
bcheek3@1ffc.com
Alabama Pawn & Cash
308 Temple Ave N
Fayette AL 35545
(205) 932-5984
pawn@fayette.net
FBH
100 Temple Ave S
Fayette AL 35545
(205) 932-8911
http://citizensbankfayette.com
Money Stork
24880 Highway 195
Double Springs AL 35545
(205) 489-2600
Title Cash Of Jasper
109 Highway 78 W
Jasper AL 35545
(205) 221-0057
http://www.titlecash.com/
Address
2302 Temple Ave N
Fayette AL
Contact
(205) 932-8080
bcheek3@1ffc.com
Address
308 Temple Ave N
Fayette AL
Contact
(205) 932-5984
pawn@fayette.net
Address
100 Temple Ave S
Fayette AL
Contact
(205) 932-8911
http://citizensbankfayette.com