Compare Today’s Mortgage Rates for Rainsville, Alabama

Pureloan searches mortgage lenders and major banks in Rainsville, Alabama 35986 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 $4,576 or $13 / month is expected in Rainsville and other areas of De Kalb county.

Pureloan’s search engine explores all home mortgage options in Rainsville, Alabama 35986, 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 Rainsville, Alabama 35986

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 Rainsville, AL 35986, 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 Rainsville, Alabama 35986 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Rainsville, Alabama and around De Kalb 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 Rainsville, Alabama 35986

If you’re looking to buy a new home in Rainsville, we have compiled a list of the leading mortgage brokers around Rainsville, Alabama 35986 to help you with your search.

Name
Address
Contact

Rainsville Finance Co.

180 Main St W

Rainsville AL 35986

(256) 638-6375

Cash Advance of Rainsville Local

30 Rains Ave

Rainsville AL 35986

(256) 638-6978

World Finance

485 Main St W

Rainsville AL 35986

(256) 638-1808

http://worldacceptance.com

Title Cash

1334 S Brundidge St

Troy AL 35986

(334) 808-9033

contactus@titlecash.com

1st Franklin Financial

1113 Highway 231 S

Troy AL 35986

(334) 566-9866

bcheek3@1ffc.com

Address

180 Main St W

Rainsville AL

Contact

(256) 638-6375

Address

30 Rains Ave

Rainsville AL

Contact

(256) 638-6978

Address

485 Main St W

Rainsville AL

Contact

(256) 638-1808

http://worldacceptance.com

News on Mortgages and Reverse Mortgages for Rainsville, Alabama 35986