Compare Today’s Mortgage Rates in Honoraville, Alabama 36042
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Honoraville, Alabama 36042.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $5,543 over the lifetime of your 30-year fixed loan, or a monthly savings of $15 in Honoraville and other areas of Crenshaw county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Honoraville, Alabama 36042
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Honoraville, Alabama 36042
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Honoraville, AL 36042. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Honoraville, Alabama 36042 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Honoraville, Alabama and around Crenshaw county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 91.13% | 90.51% | 92.30% | 90.50% | 87.81% | 90.06% | 89.58% | 88.74% | 86.28% |
avg mortgage rate | 6.57% | 4.72% | 3.07% | 3.34% | 4.46% | 4.65% | 4.19% | 3.95% | 4.13% |
% 15 year fixed mortgage | 7.26% | 7.20% | 6.51% | 8.26% | 9.70% | 6.93% | 8.47% | 7.28% | 11.95% |
avg mortgage rate | 5.72% | 3.54% | 2.44% | 2.99% | 3.83% | 4.13% | 3.31% | 3.13% | 3.27% |
Avg credit score | 748.69 | 767.84 | 754.08 | 759.42 | 781.43 | 750.45 | 752.97 | 783.08 | 752.89 |
Avg LTV (loan to value) | 81.91% | 83.20% | 85.56% | 85.67% | 84.75% | 84.09% | 85.02% | 85.38% | 84.22% |
Avg DTI (debt to income) | 36.88 | 36.02 | 32.09 | 32.39 | 32.47 | 33.12 | 32.45 | 32.85 | 33.08 |
% First time homebuyer | 32.26% | 29.13% | 28.42% | 28.10% | 26.37% | 28.61% | 25.41% | 22.52% | 25.22% |
Avg mortgage insurance % | 15.82% | 15.27% | 16.73% | 16.63% | 15.62% | 14.98% | 14.68% | 16.59% | 14.66% |
Best Mortgage Brokers around Honoraville, Alabama 36042
For those searching for a new home in Honoraville, we have compiled a list of the top mortgage brokers located in and around Honoraville, Alabama 36042 to assist you with your search.
Name
Address
Contact
First South Farm Credit
10 Luverne St
Luverne AL 36042
(334) 335-6531
http://www.firstsouthland.com/
Money Magic
12 W 3rd St
Luverne AL 36042
(334) 335-2776
City Finance Co.
171 S Forest Ave
Luverne AL 36042
(334) 335-5001
Title Cash
1334 S Brundidge St
Troy AL 36042
(334) 808-9033
contactus@titlecash.com
1st Franklin Financial
1113 Highway 231 S
Troy AL 36042
(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