Compare Today’s Mortgage Rates for Millport, Alabama

Pureloan searches mortgage lenders and major banks in Millport, Alabama 35576 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 $2,654 or $7 / month is expected in Millport and other areas of Lamar county.

Pureloan’s search engine explores all home mortgage options in Millport, Alabama 35576, 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 Millport, Alabama 35576

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Millport, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Millport, AL 35576, 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 Millport, AL

Historical Mortgage Rates for Millport, Alabama 35576 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Millport, Alabama and around Lamar 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 85.43% 79.88% 81.18% 87.12% 85.10% 88.33% 84.52% 85.62%
avg mortgage rate 4.79% 4.55% 3.83% 3.88% 4.38% 4.05% 3.93% 4.12%
% 15 year fixed mortgage 12.15% 17.16% 16.13% 11.86% 12.12% 10.76% 13.31% 11.64%
avg mortgage rate 4.20% 3.68% 3.17% 3.14% 3.42% 3.23% 3.00% 3.21%
Avg credit score 763.45 760.86 760.60 758.87 758.55 757.00 756.20 757.18
Avg LTV (loan to value) 76.83% 78.95% 82.17% 82.45% 83.17% 84.08% 84.13% 83.59%
Avg DTI (debt to income) 30.24 30.25 27.92 27.95 29.60 29.11 29.56 31.08
% First time homebuyer 26.72% 31.36% 28.49% 31.86% 23.74% 27.46% 26.01% 23.97%
Avg mortgage insurance % 4.95% 6.63% 10.92% 11.53% 12.39% 13.58% 13.96% 14.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Millport, Alabama 35576

If you’re looking to buy a new home in Millport, we have compiled a list of the leading mortgage brokers around Millport, Alabama 35576 to help you with your search.

Name
Address
Contact

The Money Stork

55314 Highway 17

Sulligent AL 35576

(205) 698-8100

Capstone Finance

1815 6th Ave SE

Decatur AL 35576

(256) 308-0035

http://www.capstonedecatur.com

Centerstate Bank

301 S Court St

Florence AL 35576

(256) 718-4200

First Southern Financial

1733 6th Ave SE

Decatur AL 35576

(256) 350-2727

staci.dunn@firstsouthernbank.net

Springleaf Financial Services

1602 Beltline Rd SW

Decatur AL 35576

(256) 353-1660

compliancehelpline@slfs.com

Address

55314 Highway 17

Sulligent AL

Contact

(205) 698-8100

Address

1815 6th Ave SE

Decatur AL

Contact

(256) 308-0035

http://www.capstonedecatur.com

Address

301 S Court St

Florence AL

Contact

(256) 718-4200

News on Mortgages and Reverse Mortgages for Millport, Alabama 35576