Compare Today’s Mortgage Rates for Elkmont, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Elkmont, Alabama 35620. 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 $3,339 or $9 / month in Elkmont and surrounding areas of Limestone 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 Elkmont, Alabama 35620.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Elkmont, Alabama 35620

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elkmont, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elkmont, AL 35620, 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 Elkmont, AL

Historical Mortgage Rates for Elkmont, Alabama 35620 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Elkmont, Alabama and around Limestone 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 85.43% 79.88% 81.18% 87.12% 85.10% 88.33% 84.52% 85.62%
avg mortgage rate 4.79% 4.55% 3.83% 3.88% 4.38% 4.05% 3.93% 4.12%
% 15 year fixed mortgage 12.15% 17.16% 16.13% 11.86% 12.12% 10.76% 13.31% 11.64%
avg mortgage rate 4.20% 3.68% 3.17% 3.14% 3.42% 3.23% 3.00% 3.21%
Avg credit score 763.45 760.86 760.60 758.87 758.55 757.00 756.20 757.18
Avg LTV (loan to value) 76.83% 78.95% 82.17% 82.45% 83.17% 84.08% 84.13% 83.59%
Avg DTI (debt to income) 30.24 30.25 27.92 27.95 29.60 29.11 29.56 31.08
% First time homebuyer 26.72% 31.36% 28.49% 31.86% 23.74% 27.46% 26.01% 23.97%
Avg mortgage insurance % 4.95% 6.63% 10.92% 11.53% 12.39% 13.58% 13.96% 14.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Elkmont, Alabama 35620

If you’re looking to buy a new home in Elkmont, we have compiled a list of the leading mortgage brokers around Elkmont, Alabama 35620 to help you with your search.

Name
Address
Contact

Capstone Finance

1815 6th Ave SE

Decatur AL 35620

(256) 308-0035

http://www.capstonedecatur.com

Centerstate Bank

301 S Court St

Florence AL 35620

(256) 718-4200

First Southern Financial

1733 6th Ave SE

Decatur AL 35620

(256) 350-2727

staci.dunn@firstsouthernbank.net

Springleaf Financial Services

1602 Beltline Rd SW

Decatur AL 35620

(256) 353-1660

compliancehelpline@slfs.com

Weaver Realty & Auction Co.

905 6th Ave SE

Decatur AL 35620

(256) 355-3410

traimonty@charter.net

Address

1815 6th Ave SE

Decatur AL

Contact

(256) 308-0035

http://www.capstonedecatur.com

Address

301 S Court St

Florence AL

Contact

(256) 718-4200

Address

1733 6th Ave SE

Decatur AL

Contact

(256) 350-2727

staci.dunn@firstsouthernbank.net

News on Mortgages and Reverse Mortgages for Elkmont, Alabama 35620