Compare Today’s Mortgage Rates for Normal, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Normal, Alabama 35762. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $1,081 or $3 / month in Normal and surrounding areas of Madison county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Normal, Alabama 35762.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Normal, Alabama 35762

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Normal, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Normal, AL 35762, 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 Normal, AL

Historical Mortgage Rates for Normal, Alabama 35762 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Normal, 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 Normal, Alabama 35762

If you’re looking to buy a new home in Normal, we have compiled a list of the leading mortgage brokers around Normal, Alabama 35762 to help you with your search.

Name
Address
Contact

World Finance & Tax Service

201 Veterans Dr

Scottsboro AL 35762

(256) 574-6288

wac200@worldacceptance.net

OneMain Financial

1603 S Broad St

Scottsboro AL 35762

(256) 574-2200

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

Acceptance Loan Co.

1603 S Broad St

Scottsboro AL 35762

(256) 574-4756

http://acceptanceloan.com/

Regions Mortgage

510 E Laurel St

Scottsboro AL 35762

(256) 575-2203

3 D Financial

413 S Broad St

Scottsboro AL 35762

(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 Normal, Alabama 35762