Compare Today’s Mortgage Rates for Berry, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Berry, Alabama 35546. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $4,760 or $13 / month in Berry and surrounding areas of Fayette county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Berry, Alabama 35546.

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Summary of Average Mortgage Terms in Berry, Alabama 35546

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 Berry, AL 35546, 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 Berry, Alabama 35546 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Berry, 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 Berry, Alabama 35546

If you’re looking to buy a new home in Berry, we have compiled a list of the leading mortgage brokers around Berry, Alabama 35546 to help you with your search.

Name
Address
Contact

1st Franklin Financial

2302 Temple Ave N

Fayette AL 35546

(205) 932-8080

bcheek3@1ffc.com

Alabama Pawn & Cash

308 Temple Ave N

Fayette AL 35546

(205) 932-5984

pawn@fayette.net

FBH

100 Temple Ave S

Fayette AL 35546

(205) 932-8911

http://citizensbankfayette.com

Money Stork

24880 Highway 195

Double Springs AL 35546

(205) 489-2600

Title Cash Of Jasper

109 Highway 78 W

Jasper AL 35546

(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

News on Mortgages and Reverse Mortgages for Berry, Alabama 35546