Compare Today’s Mortgage Rates for Foley, Alabama
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Foley, Alabama 36536. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $6,075 or $17 / month in Foley and other areas of Baldwin county.
Our search engine explores all home mortgage options in Foley, Alabama 36536, 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 Foley, Alabama 36536
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Foley, AL 36536, 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 Foley, Alabama 36536 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Foley, 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 Foley, Alabama 36536
If you’re looking to buy a new home in Foley, we have compiled a list of the leading mortgage brokers around Foley, Alabama 36536 to help you with your search.
Name
Address
Contact
University Lending Group
116 N Alston St
Foley AL 36536
(251) 981-3150
Quick Loans
302 E Laurel Ave
Foley AL 36536
(251) 971-2122
Springleaf Finance Corporation
1320 N McKenzie St
Foley AL 36536
(251) 943-1660
http://www.springleaffinancial.com
Emerald Coast Mortgage
111 W Myrtle Ave
Foley AL 36536
(251) 943-3574
http://emeraldcoastmtg.com
First Metropolitan Mortgage
8158 State Highway 59
Foley AL 36536
(251) 980-2075
Address
116 N Alston St
Foley AL
Contact
(251) 981-3150
Address
302 E Laurel Ave
Foley AL
Contact
(251) 971-2122
Address
1320 N McKenzie St
Foley AL
Contact
(251) 943-1660
http://www.springleaffinancial.com