Compare Today’s Mortgage Rates for Cuba, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Cuba, Alabama 36907. 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 $1,747 or $5 / month in Cuba and other areas of Sumter county.

Our search engine explores all home mortgage options in Cuba, Alabama 36907, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Cuba, Alabama 36907

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 Cuba, AL 36907, 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 Cuba, Alabama 36907 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Cuba, Alabama and around Sumter 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 Cuba, Alabama 36907

If you’re looking to buy a new home in Cuba, we have compiled a list of the leading mortgage brokers around Cuba, Alabama 36907 to help you with your search.

Name
Address
Contact

Cash 2 Go

450 N Broad St

York AL 36907

(205) 392-1361

Address

450 N Broad St

York AL

Contact

(205) 392-1361

News on Mortgages and Reverse Mortgages for Cuba, Alabama 36907