Compare Today’s Mortgage Rates for Roanoke, Alabama
Pureloan searches mortgage lenders and major banks in Roanoke, Alabama 36274 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 $3,890 or $11 / month is expected in Roanoke and other areas of Randolph county.
Pureloan’s search engine explores all home mortgage options in Roanoke, Alabama 36274, 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 Roanoke, Alabama 36274
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Roanoke, AL 36274, 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 Roanoke, Alabama 36274 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Roanoke, Alabama and around Randolph 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 Roanoke, Alabama 36274
If you’re looking to buy a new home in Roanoke, we have compiled a list of the leading mortgage brokers around Roanoke, Alabama 36274 to help you with your search.
Name
Address
Contact
Western Finance Service
3164 Highway 431
Roanoke AL 36274
(334) 863-7100
Best Western Inn
2983 Highway 431
Roanoke AL 36274
(334) 863-2100
First Stop Title Pawn
1133 Main St
Roanoke AL 36274
(334) 863-7862
775005_afm@uhaul.com
Credit Central
1122 Main St
Roanoke AL 36274
(334) 863-2442
http://www.creditcentralinc.com/
Address
3164 Highway 431
Roanoke AL
Contact
(334) 863-7100
Address
2983 Highway 431
Roanoke AL
Contact
(334) 863-2100
Address
1133 Main St
Roanoke AL
Contact
(334) 863-7862
775005_afm@uhaul.com