Compare Today’s Mortgage Rates for Newton, Alabama
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Newton, Alabama 36352. 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 $2,355 or $7 / month in Newton and other areas of Dale county.
Our search engine explores all home mortgage options in Newton, Alabama 36352, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
No suitable program is found
Summary of Average Mortgage Terms in Newton, Alabama 36352
Become a certified mortgage expert on Pureloan.com
in Newton, Alabama 36352
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Newton, AL 36352, 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 Newton, Alabama 36352 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Newton, Alabama and around Dale 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 Newton, Alabama 36352
If you’re looking to buy a new home in Newton, we have compiled a list of the leading mortgage brokers around Newton, Alabama 36352 to help you with your search.
World Finance
302 W Bypass
Andalusia AL 36352
(334) 222-2553
http://worldacceptance.com
TitleMax Title Loans
1509 Dr M L K Jr Expy
Andalusia AL 36352
(334) 427-1104
webinquiries@titlemax.com
OneMain Financial
100 Westgate Plz
Andalusia AL 36352
(334) 222-2557
http://branches.onemainfinancial.com/al/andalusia/100-westgate-plaza.html
Title Cash
811 W Bypass
Andalusia AL 36352
(334) 427-8214
contactus@titlecash.com
TitleBucks Title Loans
1800 E 3 Notch St
Andalusia AL 36352
(334) 468-5340
webinquiries@titlebucks.com
Address
302 W Bypass
Andalusia AL
Contact
(334) 222-2553
http://worldacceptance.com
Address
1509 Dr M L K Jr Expy
Andalusia AL
Contact
(334) 427-1104
webinquiries@titlemax.com
Address
100 Westgate Plz
Andalusia AL
Contact
(334) 222-2557
http://branches.onemainfinancial.com/al/andalusia/100-westgate-plaza.html