Compare Today’s Mortgage Rates for Columbia, Alabama
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Columbia, Alabama 36319. 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 $3,060 or $8 / month in Columbia and other areas of Houston county.
Our search engine explores all home mortgage options in Columbia, Alabama 36319, 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 Columbia, Alabama 36319
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 Columbia, AL 36319, 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 Columbia, Alabama 36319 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Columbia, Alabama and around Houston 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 Columbia, Alabama 36319
If you’re looking to buy a new home in Columbia, we have compiled a list of the leading mortgage brokers around Columbia, Alabama 36319 to help you with your search.
Name
Address
Contact
First Financial
603 Claxton Ave N
Elba AL 36319
(334) 897-3737
gkenneth@first-online.com
Seniors Reverse Mortgage
707 Simmons St
Elba AL 36319
(334) 897-1400
http://seniorsreversemortgage.com
Big Money
2180 Montgomery Hwy
Dothan AL 36319
(334) 792-2678
Alabama Ag Credit
1001 Forest Dr
Dothan AL 36319
(334) 793-9811
http://www.alabamaagcredit.com/
TitleMax Title Loans
1085 Ross Clark Cir
Dothan AL 36319
(334) 673-2220
webinquiries@titlemax.com
Address
603 Claxton Ave N
Elba AL
Contact
(334) 897-3737
gkenneth@first-online.com
Address
707 Simmons St
Elba AL
Contact
(334) 897-1400
http://seniorsreversemortgage.com
Address
2180 Montgomery Hwy
Dothan AL
Contact
(334) 792-2678