Compare Today’s Mortgage Rates for Frankville, Alabama

Pureloan searches mortgage lenders and major banks in Frankville, Alabama 36538 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 $3,674 or $10 / month is expected in Frankville and other areas of Washington county.

Pureloan’s search engine explores all home mortgage options in Frankville, Alabama 36538, 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 Frankville, Alabama 36538

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 Frankville, AL 36538, 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 Frankville, Alabama 36538 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Frankville, Alabama and around Washington 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 Frankville, Alabama 36538

If you’re looking to buy a new home in Frankville, we have compiled a list of the leading mortgage brokers around Frankville, Alabama 36538 to help you with your search.

Name
Address
Contact

Gulfside Mortgage

1574 Gulf Shores Pkwy

Gulf Shores AL 36538

(251) 968-1808

Amicus Mortgage Group

3639 Gulf Shores Pkwy

Gulf Shores AL 36538

(251) 967-3550

Always First Mortgage

3500 Gulf Shores Pkwy

Gulf Shores AL 36538

(251) 540-3001

Mortgage Plus

3757 Gulf Shores Pkwy

Gulf Shores AL 36538

(251) 968-7032

Seaside Mortgage

229 E 20th Ave

Gulf Shores AL 36538

(251) 968-1406

Address

1574 Gulf Shores Pkwy

Gulf Shores AL

Contact

(251) 968-1808

Address

3639 Gulf Shores Pkwy

Gulf Shores AL

Contact

(251) 967-3550

Address

3500 Gulf Shores Pkwy

Gulf Shores AL

Contact

(251) 540-3001

News on Mortgages and Reverse Mortgages for Frankville, Alabama 36538