Compare Today’s Mortgage Rates for Jefferson, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Jefferson, Alabama 36745. 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 Jefferson 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 Jefferson, Alabama 36745.

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Summary of Average Mortgage Terms in Jefferson, Alabama 36745

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 Jefferson, AL 36745, 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 Jefferson, Alabama 36745 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Jefferson, 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 Jefferson, Alabama 36745

If you’re looking to buy a new home in Jefferson, we have compiled a list of the leading mortgage brokers around Jefferson, Alabama 36745 to help you with your search.

Name
Address
Contact

Marion Bancshares Inc.

601 Washington St

Marion AL 36745

(334) 683-6131

http://marion-bank.com

TitleMax Title Loans

1016 Highland Ave

Selma AL 36745

(334) 877-4409

webinquiries@titlemax.com

TitleBucks Title Loans

1618 Broad St

Selma AL 36745

(334) 877-3741

webinquiries@titlebucks.com

Great American Loans

413 Highland Ave

Selma AL 36745

(334) 875-2365

http://stores.creditcorptitle.com/al/selma/413-highland-avenue-24320.html

1st Franklin Financial

803 Highland Ave

Selma AL 36745

(334) 872-2602

bcheek3@1ffc.com

Address

601 Washington St

Marion AL

Contact

(334) 683-6131

http://marion-bank.com

Address

1016 Highland Ave

Selma AL

Contact

(334) 877-4409

webinquiries@titlemax.com

Address

1618 Broad St

Selma AL

Contact

(334) 877-3741

webinquiries@titlebucks.com

News on Mortgages and Reverse Mortgages for Jefferson, Alabama 36745