Compare Today’s Mortgage Rates for Hayneville, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Hayneville, Alabama 36040. 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 $2,770 or $8 / month in Hayneville and surrounding areas of Lowndes 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 Hayneville, Alabama 36040.

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Summary of Average Mortgage Terms in Hayneville, Alabama 36040

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 Hayneville, AL 36040, 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 Hayneville, Alabama 36040 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Hayneville, Alabama and around Lowndes 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 Hayneville, Alabama 36040

If you’re looking to buy a new home in Hayneville, we have compiled a list of the leading mortgage brokers around Hayneville, Alabama 36040 to help you with your search.

Name
Address
Contact

First South Farm Credit

10 Luverne St

Luverne AL 36040

(334) 335-6531

http://www.firstsouthland.com/

Money Magic

12 W 3rd St

Luverne AL 36040

(334) 335-2776

City Finance Co.

171 S Forest Ave

Luverne AL 36040

(334) 335-5001

Title Cash

1334 S Brundidge St

Troy AL 36040

(334) 808-9033

contactus@titlecash.com

1st Franklin Financial

1113 Highway 231 S

Troy AL 36040

(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 Hayneville, Alabama 36040