Compare Today’s Mortgage Rates in Double Springs, Alabama 35553
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Double Springs, Alabama 35553.
Our search engine thoroughly explores all home mortgage options in Double Springs, Alabama 35553, 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 $12,940 in lifetime cash or $36 per month in Double Springs and other areas of Winston county.
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Summary of Average Mortgages in Double Springs, Alabama 35553
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Double Springs, Alabama 35553
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Double Springs, AL 35553. 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 Double Springs, Alabama 35553 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Double Springs, Alabama and around Winston 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 | 82.76% | 92.35% | 91.46% | 92.57% | 86.99% | 87.36% | 83.95% | 83.02% | 81.40% |
avg mortgage rate | 6.46% | 4.66% | 3.13% | 3.44% | 4.38% | 4.70% | 4.27% | 3.83% | 4.10% |
% 15 year fixed mortgage | 10.34% | 5.61% | 7.47% | 5.71% | 12.20% | 11.49% | 11.11% | 9.43% | 13.95% |
avg mortgage rate | 6.38% | 4.07% | 2.40% | 3.18% | 3.53% | 4.00% | 3.17% | 3.05% | 3.22% |
Avg credit score | 733.79 | 787.80 | 747.06 | 749.74 | 748.89 | 747.05 | 737.33 | 754.25 | 747.90 |
Avg LTV (loan to value) | 79.28% | 84.33% | 83.79% | 83.18% | 82.12% | 82.74% | 80.91% | 79.79% | 83.58% |
Avg DTI (debt to income) | 34.45 | 34.20 | 31.83 | 31.97 | 30.86 | 33.20 | 31.85 | 30.49 | 30.58 |
% First time homebuyer | 44.83% | 30.61% | 21.71% | 26.29% | 33.33% | 26.44% | 16.05% | 15.09% | 23.26% |
Avg mortgage insurance % | 13.00% | 16.64% | 14.41% | 13.00% | 11.44% | 14.30% | 11.26% | 11.21% | 13.21% |
Best Mortgage Brokers around Double Springs, Alabama 35553
For those searching for a new home in Double Springs, we have compiled a list of the top mortgage brokers located in and around Double Springs, Alabama 35553 to assist you with your search.
Name
Address
Contact
Money Stork
24880 Highway 195
Double Springs AL 35553
(205) 489-2600
1st Franklin Financial
2302 Temple Ave N
Fayette AL 35553
(205) 932-8080
bcheek3@1ffc.com
Alabama Pawn & Cash
308 Temple Ave N
Fayette AL 35553
(205) 932-5984
pawn@fayette.net
FBH
100 Temple Ave S
Fayette AL 35553
(205) 932-8911
http://citizensbankfayette.com
Capstone Finance
1815 6th Ave SE
Decatur AL 35553
(256) 308-0035
http://www.capstonedecatur.com
Address
24880 Highway 195
Double Springs AL
Contact
(205) 489-2600
Address
2302 Temple Ave N
Fayette AL
Contact
(205) 932-8080
bcheek3@1ffc.com
Address
308 Temple Ave N
Fayette AL
Contact
(205) 932-5984
pawn@fayette.net