Compare Today’s Mortgage Rates for Newbern, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Newbern, Alabama 36765. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $2,360 or $7 / month in Newbern and other areas of Hale county.

Our search engine explores all home mortgage options in Newbern, Alabama 36765, 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 Newbern, Alabama 36765

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Newbern, AL 36765, 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 Newbern, Alabama 36765 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Newbern, Alabama and around Hale 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 Newbern, Alabama 36765

If you’re looking to buy a new home in Newbern, we have compiled a list of the leading mortgage brokers around Newbern, Alabama 36765 to help you with your search.

Name
Address
Contact

Bank Trust

1431 Gateway Dr

Opelika AL 36765

(334) 745-2113

Local Finance

36 Samford Ave

Opelika AL 36765

(334) 742-0883

East Alabama Credit

3909 Pepperell Pkwy

Opelika AL 36765

(334) 745-2510

trishia@charter.net

Nations Quick Cash

3304 Pepperell Pkwy

Opelika AL 36765

(334) 737-0070

TitleMax Title Loans

3901 Pepperell Pkwy

Opelika AL 36765

(334) 741-8449

webinquiries@titlemax.com

Address

1431 Gateway Dr

Opelika AL

Contact

(334) 745-2113

Address

36 Samford Ave

Opelika AL

Contact

(334) 742-0883

Address

3909 Pepperell Pkwy

Opelika AL

Contact

(334) 745-2510

trishia@charter.net

News on Mortgages and Reverse Mortgages for Newbern, Alabama 36765