Compare Today’s Mortgage Rates for Peterman, Alabama
Pureloan searches mortgage lenders and major banks in Peterman, Alabama 36471 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 $4,056 or $11 / month is expected in Peterman and other areas of Monroe county.
Pureloan’s search engine explores all home mortgage options in Peterman, Alabama 36471, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Peterman, Alabama 36471
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Peterman, AL
To forecast and predict mortgage rates in Peterman, AL 36471, 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 Peterman, Alabama 36471 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Peterman, Alabama and around Monroe 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 Peterman, Alabama 36471
If you’re looking to buy a new home in Peterman, we have compiled a list of the leading mortgage brokers around Peterman, Alabama 36471 to help you with your search.
Name
Address
Contact
Hamilton Mortgage
2690 S McKenzie St
Foley AL 36471
(251) 952-4663
Mid America Mortgage South Ala
8112 Bay View Dr
Foley AL 36471
(251) 955-2154
Usa Realty
8605 State Highway 59
Foley AL 36471
(251) 943-6560
usarealty@live.com
North American Title Loans
320 N McKenzie St
Foley AL 36471
(251) 943-9000
https://www.northamericantitleloans.net/Locations/ALABAMA/Foley/320-N-McKenzie-St
Quic!oans
1508 S McKenzie St
Foley AL 36471
(251) 971-2111
http://stores.creditcorptitle.com/al/foley/1508-s-mckenzie-street--suite-a-24309.html
Address
2690 S McKenzie St
Foley AL
Contact
(251) 952-4663
Address
8112 Bay View Dr
Foley AL
Contact
(251) 955-2154
Address
8605 State Highway 59
Foley AL
Contact
(251) 943-6560
usarealty@live.com