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
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
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