Compare Today’s Mortgage Rates for Lafayette, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lafayette, Alabama 36862. 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 $4,467 or $12 / month in Lafayette and surrounding areas of Chambers 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 Lafayette, Alabama 36862.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Lafayette, Alabama 36862

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lafayette, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lafayette, AL 36862, 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.

Local Mortgage Rates for Lafayette, AL

Historical Mortgage Rates for Lafayette, Alabama 36862 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lafayette, Alabama and around Chambers 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 Lafayette, Alabama 36862

If you’re looking to buy a new home in Lafayette, we have compiled a list of the leading mortgage brokers around Lafayette, Alabama 36862 to help you with your search.

Name
Address
Contact

TitleMax Title Loans

810 13th St

Phenix City AL 36862

(334) 732-0500

webinquiries@titlemax.com

Georgia Platinum Mortgage

1321 Broad St

Phenix City AL 36862

(334) 448-2222

info@georgiaplatinummortgage.com

Check 'n Go

3753 US Highway 431

Phenix City AL 36862

(334) 480-9060

comments@checkngo.com

Primary Residential Mortgage

1017 13th St

Phenix City AL 36862

(334) 298-8877

marketing@primeres.com

Credit Max Of Alabama

1321 Broad St

Phenix City AL 36862

(334) 448-2222

http://www.georgiaplatinummortgage.com/

Address

810 13th St

Phenix City AL

Contact

(334) 732-0500

webinquiries@titlemax.com

Address

1321 Broad St

Phenix City AL

Contact

(334) 448-2222

info@georgiaplatinummortgage.com

Address

3753 US Highway 431

Phenix City AL

Contact

(334) 480-9060

comments@checkngo.com

News on Mortgages and Reverse Mortgages for Lafayette, Alabama 36862