Compare Today’s Mortgage Rates for Fort Mitchell, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Fort Mitchell, Alabama 36856. 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 Fort Mitchell and other areas of Russell county.

Our search engine explores all home mortgage options in Fort Mitchell, Alabama 36856, 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 Fort Mitchell, Alabama 36856

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 Fort Mitchell, AL 36856, 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 Fort Mitchell, Alabama 36856 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Fort Mitchell, Alabama and around Russell 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 Fort Mitchell, Alabama 36856

If you’re looking to buy a new home in Fort Mitchell, we have compiled a list of the leading mortgage brokers around Fort Mitchell, Alabama 36856 to help you with your search.

Name
Address
Contact

TitleMax Title Loans

810 13th St

Phenix City AL 36856

(334) 732-0500

webinquiries@titlemax.com

Georgia Platinum Mortgage

1321 Broad St

Phenix City AL 36856

(334) 448-2222

info@georgiaplatinummortgage.com

Check 'n Go

3753 US Highway 431

Phenix City AL 36856

(334) 480-9060

comments@checkngo.com

Primary Residential Mortgage

1017 13th St

Phenix City AL 36856

(334) 298-8877

marketing@primeres.com

Credit Max Of Alabama

1321 Broad St

Phenix City AL 36856

(334) 448-2222

http://www.georgiaplatinummortgage.com/

Address

810 13th St

Phenix City AL

Contact

(334) 732-0500

webinquiries@titlemax.com

Address

1321 Broad St

Phenix City AL

Contact

(334) 448-2222

info@georgiaplatinummortgage.com

Address

3753 US Highway 431

Phenix City AL

Contact

(334) 480-9060

comments@checkngo.com

News on Mortgages and Reverse Mortgages for Fort Mitchell, Alabama 36856