Compare Today’s Mortgage Rates for Kennedy, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Kennedy, Alabama 35574. 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 $2,600 or $7 / month in Kennedy and surrounding areas of Lamar 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 Kennedy, Alabama 35574.

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Summary of Average Mortgage Terms in Kennedy, Alabama 35574

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 Kennedy, AL 35574, 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 Kennedy, Alabama 35574 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Kennedy, Alabama and around Lamar 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 Kennedy, Alabama 35574

If you’re looking to buy a new home in Kennedy, we have compiled a list of the leading mortgage brokers around Kennedy, Alabama 35574 to help you with your search.

Name
Address
Contact

Cis Financial Services

851 Military St N

Hamilton AL 35574

(205) 921-4814

tbostick@cishomeloans.com

1st Franklin Financial

1935 Military St S

Hamilton AL 35574

(205) 921-9900

http://locations.1ffc.com/al/hamilton/1935-military-street-south.html

World Finance

535 Military St S

Hamilton AL 35574

(205) 921-1254

http://www.worldacceptance.com/

First Natl BK Hamilton

169 Military St S

Hamilton AL 35574

(205) 921-0855

http://firstnationalathome.com

Capstone Finance

1815 6th Ave SE

Decatur AL 35574

(256) 308-0035

http://www.capstonedecatur.com

Address

851 Military St N

Hamilton AL

Contact

(205) 921-4814

tbostick@cishomeloans.com

Address

1935 Military St S

Hamilton AL

Contact

(205) 921-9900

http://locations.1ffc.com/al/hamilton/1935-military-street-south.html

Address

535 Military St S

Hamilton AL

Contact

(205) 921-1254

http://www.worldacceptance.com/

News on Mortgages and Reverse Mortgages for Kennedy, Alabama 35574