Compare Today’s Mortgage Rates for Gainestown, Alabama

Pureloan searches mortgage lenders and major banks in Gainestown, Alabama 36540 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 $1,640 or $5 / month is expected in Gainestown and other areas of Monroe county.

Pureloan’s search engine explores all home mortgage options in Gainestown, Alabama 36540, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Gainestown, Alabama 36540

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Gainestown, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Gainestown, AL 36540, 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.

Local Mortgage Rates for Gainestown, AL

Historical Mortgage Rates for Gainestown, Alabama 36540 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Gainestown, Alabama and around Monroe 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 Gainestown, Alabama 36540

If you’re looking to buy a new home in Gainestown, we have compiled a list of the leading mortgage brokers around Gainestown, Alabama 36540 to help you with your search.

Name
Address
Contact

Gulfside Mortgage

1574 Gulf Shores Pkwy

Gulf Shores AL 36540

(251) 968-1808

Amicus Mortgage Group

3639 Gulf Shores Pkwy

Gulf Shores AL 36540

(251) 967-3550

Always First Mortgage

3500 Gulf Shores Pkwy

Gulf Shores AL 36540

(251) 540-3001

Mortgage Plus

3757 Gulf Shores Pkwy

Gulf Shores AL 36540

(251) 968-7032

Seaside Mortgage

229 E 20th Ave

Gulf Shores AL 36540

(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 Gainestown, Alabama 36540