Compare Today’s Mortgage Rates in Cloverdale, Alabama 35617
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Cloverdale, Alabama 35617.
Our search engine thoroughly explores all home mortgage options in Cloverdale, Alabama 35617, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $7,536 in lifetime cash or $21 per month in Cloverdale and other areas of Lauderdale county.
Summary of Average Mortgages in Cloverdale, Alabama 35617
Become a certified mortgage expert on Pureloan.com
in Cloverdale, Alabama 35617
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Cloverdale, Alabama 35617
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Cloverdale, AL 35617. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Cloverdale, Alabama 35617 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Cloverdale, Alabama and around Lauderdale county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 94.79% | 91.97% | 92.51% | 90.11% | 89.02% | 87.23% | 87.65% | 88.92% | 82.79% |
avg mortgage rate | 6.41% | 4.56% | 3.01% | 3.31% | 4.37% | 4.63% | 4.15% | 3.91% | 4.04% |
% 15 year fixed mortgage | 4.51% | 6.41% | 5.64% | 8.17% | 8.30% | 9.49% | 10.02% | 9.02% | 12.79% |
avg mortgage rate | 5.66% | 3.67% | 2.42% | 2.92% | 3.70% | 3.96% | 3.31% | 3.13% | 3.16% |
Avg credit score | 750.26 | 757.36 | 750.12 | 751.25 | 764.61 | 751.02 | 772.09 | 748.70 | 753.27 |
Avg LTV (loan to value) | 81.62% | 81.00% | 83.52% | 83.78% | 82.98% | 82.23% | 84.28% | 82.94% | 82.40% |
Avg DTI (debt to income) | 36.77 | 33.97 | 32.52 | 31.53 | 31.52 | 31.71 | 31.32 | 31.71 | 30.43 |
% First time homebuyer | 36.11% | 33.03% | 21.90% | 22.91% | 24.90% | 22.99% | 21.91% | 28.87% | 25.81% |
Avg mortgage insurance % | 12.85% | 12.98% | 14.12% | 14.33% | 14.16% | 13.12% | 14.24% | 12.40% | 12.00% |
Best Mortgage Brokers around Cloverdale, Alabama 35617
For those searching for a new home in Cloverdale, we have compiled a list of the top mortgage brokers located in and around Cloverdale, Alabama 35617 to assist you with your search.
Capstone Finance
1815 6th Ave SE
Decatur AL 35617
(256) 308-0035
http://www.capstonedecatur.com
Centerstate Bank
301 S Court St
Florence AL 35617
(256) 718-4200
First Southern Financial
1733 6th Ave SE
Decatur AL 35617
(256) 350-2727
staci.dunn@firstsouthernbank.net
Springleaf Financial Services
1602 Beltline Rd SW
Decatur AL 35617
(256) 353-1660
compliancehelpline@slfs.com
Weaver Realty & Auction Co.
905 6th Ave SE
Decatur AL 35617
(256) 355-3410
traimonty@charter.net
Address
1815 6th Ave SE
Decatur AL
Contact
(256) 308-0035
http://www.capstonedecatur.com
Address
301 S Court St
Florence AL
Contact
(256) 718-4200
Address
1733 6th Ave SE
Decatur AL
Contact
(256) 350-2727
staci.dunn@firstsouthernbank.net