Compare Today’s Mortgage Rates for Forest Home, Alabama
Pureloan searches mortgage lenders and major banks in Forest Home, Alabama 36030 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 $2,543 or $7 / month is expected in Forest Home and other areas of Butler county.
Pureloan’s search engine explores all home mortgage options in Forest Home, Alabama 36030, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Forest Home, Alabama 36030
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Forest Home, AL
To forecast and predict mortgage rates in Forest Home, AL 36030, 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 Forest Home, Alabama 36030 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Forest Home, Alabama and around Butler 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 Forest Home, Alabama 36030
If you’re looking to buy a new home in Forest Home, we have compiled a list of the leading mortgage brokers around Forest Home, Alabama 36030 to help you with your search.
Name
Address
Contact
K & M Cash In A Flash
203 S College St
Greenville AL 36030
(334) 382-1272
TitleMax Title Loans
1012 Fort Dale Rd
Greenville AL 36030
(334) 382-0294
webinquiries@titlemax.com
Credit Central
1113 E Commerce St
Greenville AL 36030
(334) 382-1142
tstewart@creditcentralinc.com
Cash 2 Go
150 Butler Sq
Greenville AL 36030
(334) 383-9710
contactus@titlecash.com
Main Street Mortgage
509 E Commerce St
Greenville AL 36030
(334) 382-0698
http://www.main-street-mortgage.com
Address
203 S College St
Greenville AL
Contact
(334) 382-1272
Address
1012 Fort Dale Rd
Greenville AL
Contact
(334) 382-0294
webinquiries@titlemax.com
Address
1113 E Commerce St
Greenville AL
Contact
(334) 382-1142
tstewart@creditcentralinc.com