Compare Today’s Mortgage Rates for Orange Beach, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Orange Beach, Alabama 36561. 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 $13,806 or $38 / month in Orange Beach and surrounding areas of Baldwin 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 Orange Beach, Alabama 36561.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Orange Beach, Alabama 36561

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Orange Beach, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Orange Beach, AL 36561, 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 Orange Beach, AL

Historical Mortgage Rates for Orange Beach, Alabama 36561 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Orange Beach, Alabama and around Baldwin 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 Orange Beach, Alabama 36561

If you’re looking to buy a new home in Orange Beach, we have compiled a list of the leading mortgage brokers around Orange Beach, Alabama 36561 to help you with your search.

Name
Address
Contact

Supreme Lending Orange Beach

25910 Canal Rd

Orange Beach AL 36561

(251) 298-5317

Hamilton Hudson Mortgage

24039 Perdido Beach Blvd

Orange Beach AL 36561

(251) 974-3245

islandretreat@gulftel.com

Mortgage Executives Of Alabama

24695 Canal Rd

Orange Beach AL 36561

(251) 980-1565

Gulfwide Mortgage

27267 Perdido Beach Blvd

Orange Beach AL 36561

(251) 974-3520

patti@sanroccay.com

Regions Mortgage

4100 Orange Beach Blvd

Orange Beach AL 36561

(251) 981-1189

http://regions.com/mortgage.rf

Address

25910 Canal Rd

Orange Beach AL

Contact

(251) 298-5317

Address

24039 Perdido Beach Blvd

Orange Beach AL

Contact

(251) 974-3245

islandretreat@gulftel.com

Address

24695 Canal Rd

Orange Beach AL

Contact

(251) 980-1565

News on Mortgages and Reverse Mortgages for Orange Beach, Alabama 36561