Compare Today’s Mortgage Rates for Fairfield, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Fairfield, Alabama 35064. 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 $2,640 or $7 / month in Fairfield and surrounding areas of Jefferson 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 Fairfield, Alabama 35064.

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Summary of Average Mortgage Terms in Fairfield, Alabama 35064

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 Fairfield, AL 35064, 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 Fairfield, Alabama 35064 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Fairfield, Alabama and around Jefferson 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 89.44% 85.94% 83.88% 87.56% 87.25% 89.46% 87.61% 91.70%
avg mortgage rate 4.93% 4.61% 3.92% 4.00% 4.49% 4.16% 3.96% 4.19%
% 15 year fixed mortgage 9.63% 11.65% 12.17% 10.37% 10.74% 7.98% 10.26% 7.92%
avg mortgage rate 4.34% 4.03% 3.15% 3.08% 3.47% 3.27% 3.16% 3.34%
Avg credit score 763.17 761.86 755.86 756.13 753.85 750.26 749.83 750.17
Avg LTV (loan to value) 78.03% 77.76% 80.38% 82.19% 84.12% 84.16% 83.51% 83.32%
Avg DTI (debt to income) 30.69 30.81 30.22 31.14 31.17 31.78 31.26 32.00
% First time homebuyer 24.22% 26.10% 26.64% 30.88% 25.67% 20.80% 22.65% 17.36%
Avg mortgage insurance % 6.31% 6.49% 9.29% 11.71% 14.94% 15.03% 14.34% 14.02%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Fairfield, Alabama 35064

If you’re looking to buy a new home in Fairfield, we have compiled a list of the leading mortgage brokers around Fairfield, Alabama 35064 to help you with your search.

Name
Address
Contact

TitleBucks Title Loans

654 Bessemer Hwy

Fairfield AL 35064

(205) 425-1420

webinquiries@titlebucks.com

TitleMax Title Loans

7155 Aaron Aronov Dr

Fairfield AL 35064

(205) 781-3305

webinquiries@titlemax.com

OneMain Financial

3465 Lowery Pkwy

Fultondale AL 35064

(205) 841-5180

http://branches.onemainfinancial.com/al/fultondale/3465-lowery-parkway.html

Springleaf Financial Services

1351 Decatur Hwy

Fultondale AL 35064

(205) 841-1364

https://www.springleaf.com/branches/AL/Fultondale/35068/1706

Check 'n Go

1725 Decatur Hwy

Fultondale AL 35064

(205) 841-3470

comments@checkngo.com

Address

654 Bessemer Hwy

Fairfield AL

Contact

(205) 425-1420

webinquiries@titlebucks.com

Address

7155 Aaron Aronov Dr

Fairfield AL

Contact

(205) 781-3305

webinquiries@titlemax.com

Address

3465 Lowery Pkwy

Fultondale AL

Contact

(205) 841-5180

http://branches.onemainfinancial.com/al/fultondale/3465-lowery-parkway.html

News on Mortgages and Reverse Mortgages for Fairfield, Alabama 35064