Compare Today’s Mortgage Rates for Bynum, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Bynum, Alabama 36253. 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 $2,863 or $8 / month in Bynum and other areas of Calhoun county.

Our search engine explores all home mortgage options in Bynum, Alabama 36253, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Bynum, Alabama 36253

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bynum, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bynum, AL 36253, 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 Bynum, AL

Historical Mortgage Rates for Bynum, Alabama 36253 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Bynum, Alabama and around Calhoun 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 Bynum, Alabama 36253

If you’re looking to buy a new home in Bynum, we have compiled a list of the leading mortgage brokers around Bynum, Alabama 36253 to help you with your search.

Name
Address
Contact

Auto Cash Iv

83161 Highway 9

Ashland AL 36253

(256) 354-4154

Alexandr Title Loans

111 Big Valley Dr

Alexandria AL 36253

(256) 770-4507

Big Money

2180 Montgomery Hwy

Dothan AL 36253

(334) 792-2678

Alabama Ag Credit

1001 Forest Dr

Dothan AL 36253

(334) 793-9811

http://www.alabamaagcredit.com/

TitleMax Title Loans

1085 Ross Clark Cir

Dothan AL 36253

(334) 673-2220

webinquiries@titlemax.com

Address

83161 Highway 9

Ashland AL

Contact

(256) 354-4154

Address

111 Big Valley Dr

Alexandria AL

Contact

(256) 770-4507

Address

2180 Montgomery Hwy

Dothan AL

Contact

(334) 792-2678

News on Mortgages and Reverse Mortgages for Bynum, Alabama 36253