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 $2,922 or $8 / 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.
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Summary of Average Mortgage Terms in Millport, Alabama 35576
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 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.
Historical Mortgage Rates for Millport, Alabama 35576 from 2012 - 2019
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