Compare Today’s Mortgage Rates for Choccolocco, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Choccolocco, Alabama 36254. 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 $5,302 or $15 / month in Choccolocco and other areas of Calhoun county.

Our search engine explores all home mortgage options in Choccolocco, Alabama 36254, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Choccolocco, Alabama 36254

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 Choccolocco, AL 36254, 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 Choccolocco, Alabama 36254 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Choccolocco, 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 Choccolocco, Alabama 36254

If you’re looking to buy a new home in Choccolocco, we have compiled a list of the leading mortgage brokers around Choccolocco, Alabama 36254 to help you with your search.

Name
Address
Contact

Auto Cash Iv

83161 Highway 9

Ashland AL 36254

(256) 354-4154

Alexandr Title Loans

111 Big Valley Dr

Alexandria AL 36254

(256) 770-4507

Big Money

2180 Montgomery Hwy

Dothan AL 36254

(334) 792-2678

Alabama Ag Credit

1001 Forest Dr

Dothan AL 36254

(334) 793-9811

http://www.alabamaagcredit.com/

TitleMax Title Loans

1085 Ross Clark Cir

Dothan AL 36254

(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 Choccolocco, Alabama 36254