Compare Today’s Mortgage Rates for Midland City, Alabama

Pureloan searches mortgage lenders and major banks in Midland City, Alabama 36350 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 $2,842 or $8 / month is expected in Midland City and other areas of Dale county.

Pureloan’s search engine explores all home mortgage options in Midland City, Alabama 36350, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Midland City, Alabama 36350

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Midland City, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Midland City, AL 36350, 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 Midland City, AL

Historical Mortgage Rates for Midland City, Alabama 36350 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Midland City, Alabama and around Dale 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 Midland City, Alabama 36350

If you’re looking to buy a new home in Midland City, we have compiled a list of the leading mortgage brokers around Midland City, Alabama 36350 to help you with your search.

Name
Address
Contact

World Finance

302 W Bypass

Andalusia AL 36350

(334) 222-2553

http://worldacceptance.com

TitleMax Title Loans

1509 Dr M L K Jr Expy

Andalusia AL 36350

(334) 427-1104

webinquiries@titlemax.com

OneMain Financial

100 Westgate Plz

Andalusia AL 36350

(334) 222-2557

http://branches.onemainfinancial.com/al/andalusia/100-westgate-plaza.html

Title Cash

811 W Bypass

Andalusia AL 36350

(334) 427-8214

contactus@titlecash.com

TitleBucks Title Loans

1800 E 3 Notch St

Andalusia AL 36350

(334) 468-5340

webinquiries@titlebucks.com

Address

302 W Bypass

Andalusia AL

Contact

(334) 222-2553

http://worldacceptance.com

Address

1509 Dr M L K Jr Expy

Andalusia AL

Contact

(334) 427-1104

webinquiries@titlemax.com

Address

100 Westgate Plz

Andalusia AL

Contact

(334) 222-2557

http://branches.onemainfinancial.com/al/andalusia/100-westgate-plaza.html

News on Mortgages and Reverse Mortgages for Midland City, Alabama 36350