Compare Today’s Mortgage Rates for River Falls, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in River Falls, Alabama 36476. 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 $4,354 or $12 / month in River Falls and surrounding areas of Covington 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 River Falls, Alabama 36476.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in River Falls, Alabama 36476

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for River Falls, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in River Falls, AL 36476, 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 River Falls, AL

Historical Mortgage Rates for River Falls, Alabama 36476 from 2013 - 2020

We have compiled mortgage rate charts for home loans in River Falls, Alabama and around Covington 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 River Falls, Alabama 36476

If you’re looking to buy a new home in River Falls, we have compiled a list of the leading mortgage brokers around River Falls, Alabama 36476 to help 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

News on Mortgages and Reverse Mortgages for River Falls, Alabama 36476