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

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


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/

News on Mortgages and Reverse Mortgages for Clayton, Alabama 36016