Compare Today’s Mortgage Rates for New Market, Alabama

Pureloan searches mortgage lenders and major banks in New Market, Alabama 35761 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 $2,904 or $8 / month is expected in New Market and other areas of Madison county.

Pureloan’s search engine explores all home mortgage options in New Market, Alabama 35761, 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 New Market, Alabama 35761

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for New Market, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in New Market, AL 35761, 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 New Market, AL

Historical Mortgage Rates for New Market, Alabama 35761 from 2013 - 2020

We have compiled mortgage rate charts for home loans in New Market, Alabama and around Madison 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 New Market, Alabama 35761

If you’re looking to buy a new home in New Market, we have compiled a list of the leading mortgage brokers around New Market, Alabama 35761 to help you with your search.

Name
Address
Contact

World Finance & Tax Service

201 Veterans Dr

Scottsboro AL 35761

(256) 574-6288

wac200@worldacceptance.net

OneMain Financial

1603 S Broad St

Scottsboro AL 35761

(256) 574-2200

http://branches.onemainfinancial.com/al/scottsboro/1603-south-broad.html

Acceptance Loan Co.

1603 S Broad St

Scottsboro AL 35761

(256) 574-4756

http://acceptanceloan.com/

Regions Mortgage

510 E Laurel St

Scottsboro AL 35761

(256) 575-2203

3 D Financial

413 S Broad St

Scottsboro AL 35761

(256) 259-2240

Address

201 Veterans Dr

Scottsboro AL

Contact

(256) 574-6288

wac200@worldacceptance.net

Address

1603 S Broad St

Scottsboro AL

Contact

(256) 574-2200

http://branches.onemainfinancial.com/al/scottsboro/1603-south-broad.html

Address

1603 S Broad St

Scottsboro AL

Contact

(256) 574-4756

http://acceptanceloan.com/

News on Mortgages and Reverse Mortgages for New Market, Alabama 35761