Compare Today’s Mortgage Rates for Grady, Alabama

Pureloan searches mortgage lenders and major banks in Grady, Alabama 36036 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 $3,197 or $9 / month is expected in Grady and other areas of Montgomery county.

Pureloan’s search engine explores all home mortgage options in Grady, Alabama 36036, 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 Grady, Alabama 36036

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 Grady, AL 36036, 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 Grady, Alabama 36036 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Grady, Alabama and around Montgomery 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 Grady, Alabama 36036

If you’re looking to buy a new home in Grady, we have compiled a list of the leading mortgage brokers around Grady, Alabama 36036 to help you with your search.

Name
Address
Contact

First South Farm Credit

10 Luverne St

Luverne AL 36036

(334) 335-6531

http://www.firstsouthland.com/

Money Magic

12 W 3rd St

Luverne AL 36036

(334) 335-2776

City Finance Co.

171 S Forest Ave

Luverne AL 36036

(334) 335-5001

Title Cash

1334 S Brundidge St

Troy AL 36036

(334) 808-9033

contactus@titlecash.com

1st Franklin Financial

1113 Highway 231 S

Troy AL 36036

(334) 566-9866

bcheek3@1ffc.com

Address

10 Luverne St

Luverne AL

Contact

(334) 335-6531

http://www.firstsouthland.com/

Address

12 W 3rd St

Luverne AL

Contact

(334) 335-2776

Address

171 S Forest Ave

Luverne AL

Contact

(334) 335-5001

News on Mortgages and Reverse Mortgages for Grady, Alabama 36036