Compare Today’s Mortgage Rates for Fort Payne, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Fort Payne, Alabama 35968. 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 $4,160 or $12 / month in Fort Payne and other areas of De Kalb county.

Our search engine explores all home mortgage options in Fort Payne, Alabama 35968, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

No suitable program is found

Summary of Average Mortgage Terms in Fort Payne, Alabama 35968

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 Payne, AL 35968, 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 Payne, Alabama 35968 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Fort Payne, Alabama and around De Kalb 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 85.43% 79.88% 81.18% 87.12% 85.10% 88.33% 84.52% 85.62%
avg mortgage rate 4.79% 4.55% 3.83% 3.88% 4.38% 4.05% 3.93% 4.12%
% 15 year fixed mortgage 12.15% 17.16% 16.13% 11.86% 12.12% 10.76% 13.31% 11.64%
avg mortgage rate 4.20% 3.68% 3.17% 3.14% 3.42% 3.23% 3.00% 3.21%
Avg credit score 763.45 760.86 760.60 758.87 758.55 757.00 756.20 757.18
Avg LTV (loan to value) 76.83% 78.95% 82.17% 82.45% 83.17% 84.08% 84.13% 83.59%
Avg DTI (debt to income) 30.24 30.25 27.92 27.95 29.60 29.11 29.56 31.08
% First time homebuyer 26.72% 31.36% 28.49% 31.86% 23.74% 27.46% 26.01% 23.97%
Avg mortgage insurance % 4.95% 6.63% 10.92% 11.53% 12.39% 13.58% 13.96% 14.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Fort Payne, Alabama 35968

If you’re looking to buy a new home in Fort Payne, we have compiled a list of the leading mortgage brokers around Fort Payne, Alabama 35968 to help you with your search.

Name
Address
Contact

Republic Finance

1906 Glenn Blvd SW

Fort Payne AL 35968

(256) 845-4450

http://www.republicfinance.com/

Security Mutual

1801 Gault Ave N

Fort Payne AL 35968

(256) 845-4482

Valley Auto Financing

1413 Gault Ave N

Fort Payne AL 35968

(256) 845-4949

Pioneer Credit

227 Glenn Blvd SW

Fort Payne AL 35968

(256) 845-2698

http://www.pioneercredit.net/

Fort Payne Finance Co.

402 Gault Ave S

Fort Payne AL 35968

(256) 845-6327

fpchambe@peop.tdsnet.com

Address

1906 Glenn Blvd SW

Fort Payne AL

Contact

(256) 845-4450

http://www.republicfinance.com/

Address

1801 Gault Ave N

Fort Payne AL

Contact

(256) 845-4482

Address

1413 Gault Ave N

Fort Payne AL

Contact

(256) 845-4949

News on Mortgages and Reverse Mortgages for Fort Payne, Alabama 35968