Compare Today’s Mortgage Rates for Excel, Alabama

Pureloan searches mortgage lenders and major banks in Excel, Alabama 36439 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 $3,197 or $9 / month is expected in Excel and other areas of Escambia county.

Pureloan’s search engine explores all home mortgage options in Excel, Alabama 36439, 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 Excel, Alabama 36439

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 Excel, AL 36439, 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 Excel, Alabama 36439 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Excel, Alabama and around Escambia 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 Excel, Alabama 36439

If you’re looking to buy a new home in Excel, we have compiled a list of the leading mortgage brokers around Excel, Alabama 36439 to help you with your search.

Name
Address
Contact

Gateway Real Estate & Mortgage

23289 5th Ave

Florala AL 36439

(334) 858-3221

gatewaypoultry@gmail.com

Southern Loans

23285 5th Ave

Florala AL 36439

(334) 858-5000

bbp1120@yahoo.com

World Finance

302 W Bypass

Andalusia AL 36439

(334) 222-2553

http://worldacceptance.com

TitleMax Title Loans

1509 Dr M L K Jr Expy

Andalusia AL 36439

(334) 427-1104

webinquiries@titlemax.com

OneMain Financial

100 Westgate Plz

Andalusia AL 36439

(334) 222-2557

http://branches.onemainfinancial.com/al/andalusia/100-westgate-plaza.html

Address

23289 5th Ave

Florala AL

Contact

(334) 858-3221

gatewaypoultry@gmail.com

Address

23285 5th Ave

Florala AL

Contact

(334) 858-5000

bbp1120@yahoo.com

Address

302 W Bypass

Andalusia AL

Contact

(334) 222-2553

http://worldacceptance.com

News on Mortgages and Reverse Mortgages for Excel, Alabama 36439