Compare Today’s Mortgage Rates for Hillsboro, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Hillsboro, Alabama 35643. 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 $3,335 or $9 / month in Hillsboro and surrounding areas of Lawrence 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 Hillsboro, Alabama 35643.

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Summary of Average Mortgage Terms in Hillsboro, Alabama 35643

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 Hillsboro, AL 35643, 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 Hillsboro, Alabama 35643 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Hillsboro, Alabama and around Lawrence 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 85.43% 79.88% 81.18% 87.12% 85.10% 88.33% 84.52% 85.62%
avg mortgage rate 4.79% 4.55% 3.83% 3.88% 4.38% 4.05% 3.93% 4.12%
% 15 year fixed mortgage 12.15% 17.16% 16.13% 11.86% 12.12% 10.76% 13.31% 11.64%
avg mortgage rate 4.20% 3.68% 3.17% 3.14% 3.42% 3.23% 3.00% 3.21%
Avg credit score 763.45 760.86 760.60 758.87 758.55 757.00 756.20 757.18
Avg LTV (loan to value) 76.83% 78.95% 82.17% 82.45% 83.17% 84.08% 84.13% 83.59%
Avg DTI (debt to income) 30.24 30.25 27.92 27.95 29.60 29.11 29.56 31.08
% First time homebuyer 26.72% 31.36% 28.49% 31.86% 23.74% 27.46% 26.01% 23.97%
Avg mortgage insurance % 4.95% 6.63% 10.92% 11.53% 12.39% 13.58% 13.96% 14.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Hillsboro, Alabama 35643

If you’re looking to buy a new home in Hillsboro, we have compiled a list of the leading mortgage brokers around Hillsboro, Alabama 35643 to help you with your search.

Name
Address
Contact

TitleMax Title Loans

155 Highway 31 SW

Hartselle AL 35643

(256) 751-3332

webinquiries@titlemax.com

Home Place Mortgage

1307 Highway 31 SW

Hartselle AL 35643

(256) 502-9800

Regional Management

587 Highway 31 NW

Hartselle AL 35643

(256) 773-7178

http://www.getregionalcash.com/

Home Mortages Of America

903 Highway 31 SW

Hartselle AL 35643

(256) 773-7577

byoung@hmoai.com

World Finance

701 Highway 31 SW

Hartselle AL 35643

(256) 751-2969

http://www.worldacceptance.com/

Address

155 Highway 31 SW

Hartselle AL

Contact

(256) 751-3332

webinquiries@titlemax.com

Address

1307 Highway 31 SW

Hartselle AL

Contact

(256) 502-9800

Address

587 Highway 31 NW

Hartselle AL

Contact

(256) 773-7178

http://www.getregionalcash.com/

News on Mortgages and Reverse Mortgages for Hillsboro, Alabama 35643