Compare Today’s Mortgage Rates for Cleveland, Alabama
Pureloan searches mortgage lenders and major banks in Cleveland, Alabama 35049 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $4,160 or $12 / month is expected in Cleveland and other areas of Blount county.
Pureloan’s search engine explores all home mortgage options in Cleveland, Alabama 35049, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
No suitable program is found
Summary of Average Mortgage Terms in Cleveland, Alabama 35049
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 Cleveland, AL 35049, 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 Cleveland, Alabama 35049 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Cleveland, Alabama and around Blount 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 | 89.44% | 85.94% | 83.88% | 87.56% | 87.25% | 89.46% | 87.61% | 91.70% |
| avg mortgage rate | 4.93% | 4.61% | 3.92% | 4.00% | 4.49% | 4.16% | 3.96% | 4.19% |
| % 15 year fixed mortgage | 9.63% | 11.65% | 12.17% | 10.37% | 10.74% | 7.98% | 10.26% | 7.92% |
| avg mortgage rate | 4.34% | 4.03% | 3.15% | 3.08% | 3.47% | 3.27% | 3.16% | 3.34% |
| Avg credit score | 763.17 | 761.86 | 755.86 | 756.13 | 753.85 | 750.26 | 749.83 | 750.17 |
| Avg LTV (loan to value) | 78.03% | 77.76% | 80.38% | 82.19% | 84.12% | 84.16% | 83.51% | 83.32% |
| Avg DTI (debt to income) | 30.69 | 30.81 | 30.22 | 31.14 | 31.17 | 31.78 | 31.26 | 32.00 |
| % First time homebuyer | 24.22% | 26.10% | 26.64% | 30.88% | 25.67% | 20.80% | 22.65% | 17.36% |
| Avg mortgage insurance % | 6.31% | 6.49% | 9.29% | 11.71% | 14.94% | 15.03% | 14.34% | 14.02% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Cleveland, Alabama 35049
If you’re looking to buy a new home in Cleveland, we have compiled a list of the leading mortgage brokers around Cleveland, Alabama 35049 to help you with your search.
Name
Address
Contact
Car Title Loans
210 Main Ave SW
Cullman AL 35049
(256) 739-8782
Consumer First Mortgage
1110 2nd Ave SW
Cullman AL 35049
(256) 734-6012
http://www.MortgagesCanBeSimple.com
TitleMax Title Loans
716 2nd Ave NW
Cullman AL 35049
(256) 734-5509
webinquiries@titlemax.com
Cullman Auto Finance
316 3rd St SW
Cullman AL 35049
(256) 734-4588
http://www.cullmanartscenter.com
TitleMax Title Loans
1402 2nd Ave SW
Cullman AL 35049
(256) 739-2525
webinquiries@titlemax.com
Address
210 Main Ave SW
Cullman AL
Contact
(256) 739-8782
Address
1110 2nd Ave SW
Cullman AL
Contact
(256) 734-6012
http://www.MortgagesCanBeSimple.com
Address
716 2nd Ave NW
Cullman AL
Contact
(256) 734-5509
webinquiries@titlemax.com