Compare Today’s Mortgage Rates in Millbrook, Alabama 36054
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Millbrook, Alabama 36054.
Our search engine thoroughly explores all home mortgage options in Millbrook, Alabama 36054, 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 $7,084 in lifetime cash or $20 per month in Millbrook and other areas of Elmore county.
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Summary of Average Mortgages in Millbrook, Alabama 36054
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Millbrook, Alabama 36054
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Millbrook, AL 36054. 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 Millbrook, Alabama 36054 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Millbrook, Alabama and around Elmore 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 Millbrook, Alabama 36054
For those searching for a new home in Millbrook, we have compiled a list of the top mortgage brokers located in and around Millbrook, Alabama 36054 to assist you with your search.
Name
Address
Contact
Anchor Mortgage Service
5300 Oak Tree Rd
Millbrook AL 36054
(334) 285-5353
http://www.anchormort.com
Money Store
3581 Highway 14
Millbrook AL 36054
(334) 285-7990
http://www.themoneystore.com/
Home Mortgage of America
5300 Oak Tree Rd
Millbrook AL 36054
(334) 351-0570
Local Finance
2536 Highway 14
Millbrook AL 36054
(334) 290-2993
Trico Financial Service
102 Deatsville Hwy
Millbrook AL 36054
(334) 285-9739
Address
5300 Oak Tree Rd
Millbrook AL
Contact
(334) 285-5353
http://www.anchormort.com
Address
3581 Highway 14
Millbrook AL
Contact
(334) 285-7990
http://www.themoneystore.com/
Address
5300 Oak Tree Rd
Millbrook AL
Contact
(334) 351-0570