Compare Today’s Mortgage Rates in Lafayette, Alabama 36862
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Lafayette, Alabama 36862.
Our search engine thoroughly explores all home mortgage options in Lafayette, Alabama 36862, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $7,077 in lifetime cash or $20 per month in Lafayette and other areas of Chambers county.
Summary of Average Mortgages in Lafayette, Alabama 36862
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Interactive Mortgage Rate Projections for Lafayette, Alabama 36862
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Lafayette, AL 36862. 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 Lafayette, Alabama 36862 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Lafayette, Alabama and around Chambers 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 Lafayette, Alabama 36862
For those searching for a new home in Lafayette, we have compiled a list of the top mortgage brokers located in and around Lafayette, Alabama 36862 to assist you with your search.
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