Compare Today’s Mortgage Rates for Black, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Black, Alabama 36314. 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 $2,779 or $8 / month in Black and surrounding areas of Geneva 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 Black, Alabama 36314.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Black, Alabama 36314

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Black, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Black, AL 36314, 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.

Local Mortgage Rates for Black, AL

Historical Mortgage Rates for Black, Alabama 36314 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Black, Alabama and around Geneva 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 Black, Alabama 36314

If you’re looking to buy a new home in Black, we have compiled a list of the leading mortgage brokers around Black, Alabama 36314 to help you with your search.

Name
Address
Contact

World Finance 1552

105 E Court Sq

Abbeville AL 36314

(334) 585-9576

World Finance

103 N Doswell St

Abbeville AL 36314

(334) 585-9576

http://www.worldacceptance.com/

Small Loans

514 Kirkland St

Abbeville AL 36314

(334) 585-6476

Miracle Finance

103 E Court Sq

Abbeville AL 36314

(334) 585-9576

Big Money

2180 Montgomery Hwy

Dothan AL 36314

(334) 792-2678

Address

105 E Court Sq

Abbeville AL

Contact

(334) 585-9576

Address

103 N Doswell St

Abbeville AL

Contact

(334) 585-9576

http://www.worldacceptance.com/

Address

514 Kirkland St

Abbeville AL

Contact

(334) 585-6476

News on Mortgages and Reverse Mortgages for Black, Alabama 36314