Compare Today’s Mortgage Rates for Killen, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Killen, Alabama 35645. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $5,225 or $15 / month in Killen and other areas of Lauderdale county.

Our search engine explores all home mortgage options in Killen, Alabama 35645, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Killen, Alabama 35645

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 Killen, AL 35645, 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 Killen, Alabama 35645 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Killen, Alabama and around Lauderdale 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 Killen, Alabama 35645

If you’re looking to buy a new home in Killen, we have compiled a list of the leading mortgage brokers around Killen, Alabama 35645 to help you with your search.

Name
Address
Contact

Hamilton Mortgage

6651 Highway 72

Killen AL 35645

(256) 757-2887

jim@hamiltonmortgage.net

Shelton Financial Group

5370 Highway 72

Killen AL 35645

(256) 757-4555

sheltonfg@aol.com

Home Lenders-The Shl Killen Br

1687 Highway 72

Killen AL 35645

(256) 757-0669

sheltonfg@aol.com

1st Franklin Financial

114 Jackson Ave N

Russellville AL 35645

(256) 332-5161

bcheek3@1ffc.com

1st Franklin Financial

13830 Highway 43

Russellville AL 35645

(256) 332-7800

address@www.1ffc.com

Address

6651 Highway 72

Killen AL

Contact

(256) 757-2887

jim@hamiltonmortgage.net

Address

5370 Highway 72

Killen AL

Contact

(256) 757-4555

sheltonfg@aol.com

Address

1687 Highway 72

Killen AL

Contact

(256) 757-0669

sheltonfg@aol.com

News on Mortgages and Reverse Mortgages for Killen, Alabama 35645