Compare Today’s Mortgage Rates for Columbiana, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Columbiana, Alabama 35051. 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 $5,755 or $16 / month in Columbiana and surrounding areas of Shelby 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 Columbiana, Alabama 35051.

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Summary of Average Mortgage Terms in Columbiana, Alabama 35051

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 Columbiana, AL 35051, 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 Columbiana, Alabama 35051 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Columbiana, Alabama and around Shelby 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 Columbiana, Alabama 35051

If you’re looking to buy a new home in Columbiana, we have compiled a list of the leading mortgage brokers around Columbiana, Alabama 35051 to help you with your search.

Name
Address
Contact

Money Store

215 W College St

Columbiana AL 35051

(205) 669-2843

http://www.alwaysmoney.com

Car Title Loans

210 Main Ave SW

Cullman AL 35051

(256) 739-8782

Consumer First Mortgage

1110 2nd Ave SW

Cullman AL 35051

(256) 734-6012

http://www.MortgagesCanBeSimple.com

TitleMax Title Loans

716 2nd Ave NW

Cullman AL 35051

(256) 734-5509

webinquiries@titlemax.com

Cullman Auto Finance

316 3rd St SW

Cullman AL 35051

(256) 734-4588

http://www.cullmanartscenter.com

Address

215 W College St

Columbiana AL

Contact

(205) 669-2843

http://www.alwaysmoney.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

News on Mortgages and Reverse Mortgages for Columbiana, Alabama 35051