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.

No suitable program is found

Summary of Average Mortgage Terms in Roanoke, Alabama 36274

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 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

News on Mortgages and Reverse Mortgages for Roanoke, Alabama 36274