Compare Today’s Mortgage Rates for Gallion, Alabama
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Gallion, Alabama 36742. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $3,728 or $10 / month in Gallion and surrounding areas of Hale county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Gallion, Alabama 36742.
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Summary of Average Mortgage Terms in Gallion, Alabama 36742
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Gallion, AL 36742, 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 Gallion, Alabama 36742 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Gallion, Alabama and around Hale 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 Gallion, Alabama 36742
If you’re looking to buy a new home in Gallion, we have compiled a list of the leading mortgage brokers around Gallion, Alabama 36742 to help you with your search.
Name
Address
Contact
Money Matters
102 Main St
Greensboro AL 36742
(334) 624-9998
Greensboro Warehouse
647 S Centreville St
Greensboro AL 36742
(334) 624-8665
Carlton Home Mortgage
112 S Main St
Linden AL 36742
(334) 295-1005
velmacarlton@allstate.com
TitleMax Title Loans
1016 Highland Ave
Selma AL 36742
(334) 877-4409
webinquiries@titlemax.com
TitleBucks Title Loans
1618 Broad St
Selma AL 36742
(334) 877-3741
webinquiries@titlebucks.com
Address
102 Main St
Greensboro AL
Contact
(334) 624-9998
Address
647 S Centreville St
Greensboro AL
Contact
(334) 624-8665
Address
112 S Main St
Linden AL
Contact
(334) 295-1005
velmacarlton@allstate.com