Compare Today’s Mortgage Rates for Lenox, Alabama

Pureloan searches mortgage lenders and major banks in Lenox, Alabama 36454 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $1,640 or $5 / month is expected in Lenox and other areas of Covington county.

Pureloan’s search engine explores all home mortgage options in Lenox, Alabama 36454, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

No suitable program is found

Summary of Average Mortgage Terms in Lenox, Alabama 36454

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 Lenox, AL 36454, 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 Lenox, Alabama 36454 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Lenox, Alabama and around Covington 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 Lenox, Alabama 36454

If you’re looking to buy a new home in Lenox, we have compiled a list of the leading mortgage brokers around Lenox, Alabama 36454 to help you with your search.

Name
Address
Contact

G O Loans

289 S Jackson St

Grove Hill AL 36454

(251) 275-2222

Hamilton Mortgage

2690 S McKenzie St

Foley AL 36454

(251) 952-4663

Mid America Mortgage South Ala

8112 Bay View Dr

Foley AL 36454

(251) 955-2154

Usa Realty

8605 State Highway 59

Foley AL 36454

(251) 943-6560

usarealty@live.com

North American Title Loans

320 N McKenzie St

Foley AL 36454

(251) 943-9000

https://www.northamericantitleloans.net/Locations/ALABAMA/Foley/320-N-McKenzie-St

Address

289 S Jackson St

Grove Hill AL

Contact

(251) 275-2222

Address

2690 S McKenzie St

Foley AL

Contact

(251) 952-4663

Address

8112 Bay View Dr

Foley AL

Contact

(251) 955-2154

News on Mortgages and Reverse Mortgages for Lenox, Alabama 36454