Compare Today’s Mortgage Rates for Daphne, Alabama

Pureloan searches mortgage lenders and major banks in Daphne, Alabama 36526 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 $2,257 or $6 / month is expected in Daphne and other areas of Baldwin county.

Pureloan’s search engine explores all home mortgage options in Daphne, Alabama 36526, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Daphne, Alabama 36526

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Daphne, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Daphne, AL 36526, 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.

Local Mortgage Rates for Daphne, AL

Historical Mortgage Rates for Daphne, Alabama 36526 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Daphne, Alabama and around Baldwin 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 Daphne, Alabama 36526

If you’re looking to buy a new home in Daphne, we have compiled a list of the leading mortgage brokers around Daphne, Alabama 36526 to help you with your search.

Name
Address
Contact

Gulf Coast Mortgage Company

2020 US Highway 98

Daphne AL 36526

(251) 621-0553

First Southern Mortgage

7096 Stone Dr

Daphne AL 36526

(251) 621-6553

Emergi-Cash

2001 US Highway 98

Daphne AL 36526

(251) 971-2235

Weststar Mortgage

6483 Van Buren St

Daphne AL 36526

(251) 644-6188

dwatson@weststarmortgage.com

America's Mortgage Resource

6460 Van Buren St

Daphne AL 36526

Address

2020 US Highway 98

Daphne AL

Contact

(251) 621-0553

Address

7096 Stone Dr

Daphne AL

Contact

(251) 621-6553

Address

2001 US Highway 98

Daphne AL

Contact

(251) 971-2235

News on Mortgages and Reverse Mortgages for Daphne, Alabama 36526