Compare Today’s Mortgage Rates in River Falls, Alabama 36476
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in River Falls, Alabama 36476.
Our search engine thoroughly explores all home mortgage options in River Falls, Alabama 36476, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $5,897 in lifetime cash or $16 per month in River Falls and other areas of Covington county.
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Summary of Average Mortgages in River Falls, Alabama 36476
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for River Falls, Alabama 36476
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in River Falls, AL 36476. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in River Falls, Alabama 36476 from 2024 - 2016
We have compiled mortgage rates charts for home loans in River Falls, Alabama and around Covington county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 91.13% | 90.51% | 92.30% | 90.50% | 87.81% | 90.06% | 89.58% | 88.74% | 86.28% |
| avg mortgage rate | 6.57% | 4.72% | 3.07% | 3.34% | 4.46% | 4.65% | 4.19% | 3.95% | 4.13% |
| % 15 year fixed mortgage | 7.26% | 7.20% | 6.51% | 8.26% | 9.70% | 6.93% | 8.47% | 7.28% | 11.95% |
| avg mortgage rate | 5.72% | 3.54% | 2.44% | 2.99% | 3.83% | 4.13% | 3.31% | 3.13% | 3.27% |
| Avg credit score | 748.69 | 767.84 | 754.08 | 759.42 | 781.43 | 750.45 | 752.97 | 783.08 | 752.89 |
| Avg LTV (loan to value) | 81.91% | 83.20% | 85.56% | 85.67% | 84.75% | 84.09% | 85.02% | 85.38% | 84.22% |
| Avg DTI (debt to income) | 36.88 | 36.02 | 32.09 | 32.39 | 32.47 | 33.12 | 32.45 | 32.85 | 33.08 |
| % First time homebuyer | 32.26% | 29.13% | 28.42% | 28.10% | 26.37% | 28.61% | 25.41% | 22.52% | 25.22% |
| Avg mortgage insurance % | 15.82% | 15.27% | 16.73% | 16.63% | 15.62% | 14.98% | 14.68% | 16.59% | 14.66% |
Best Mortgage Brokers around River Falls, Alabama 36476
For those searching for a new home in River Falls, we have compiled a list of the top mortgage brokers located in and around River Falls, Alabama 36476 to assist you with your search.
Name
Address
Contact
Hamilton Mortgage
2690 S McKenzie St
Foley AL 36476
(251) 952-4663
Mid America Mortgage South Ala
8112 Bay View Dr
Foley AL 36476
(251) 955-2154
Usa Realty
8605 State Highway 59
Foley AL 36476
(251) 943-6560
usarealty@live.com
North American Title Loans
320 N McKenzie St
Foley AL 36476
(251) 943-9000
https://www.northamericantitleloans.net/Locations/ALABAMA/Foley/320-N-McKenzie-St
Quic!oans
1508 S McKenzie St
Foley AL 36476
(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