Compare Today’s Mortgage Rates for Clayton, Alabama
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Clayton, Alabama 36016. 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 $2,120 or $6 / month in Clayton and surrounding areas of Barbour 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 Clayton, Alabama 36016.
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Summary of Average Mortgage Terms in Clayton, Alabama 36016
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Clayton, AL 36016, 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 Clayton, Alabama 36016 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Clayton, Alabama and around Barbour 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 Clayton, Alabama 36016
If you’re looking to buy a new home in Clayton, we have compiled a list of the leading mortgage brokers around Clayton, Alabama 36016 to help you with your search.
Name
Address
Contact
Covington Credit
1671 S Eufaula Ave
Eufaula AL 36016
(334) 687-2122
TitleMax Title Loans
1001 S Eufaula Ave
Eufaula AL 36016
(334) 687-0001
webinquiries@titlemax.com
American Mortgage Service
145 E Broad St
Eufaula AL 36016
(334) 687-6639
http://www.americanmortgage.com/
World Finance
1568 S Eufaula Ave
Eufaula AL 36016
(334) 616-7422
info@theallstargroup.net
World Finance
326 E Barbour St
Eufaula AL 36016
(334) 616-7422
http://worldfinance.com/
Address
1671 S Eufaula Ave
Eufaula AL
Contact
(334) 687-2122
Address
1001 S Eufaula Ave
Eufaula AL
Contact
(334) 687-0001
webinquiries@titlemax.com
Address
145 E Broad St
Eufaula AL
Contact
(334) 687-6639
http://www.americanmortgage.com/