Compare Today’s Mortgage Rates for Saint Elmo, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Saint Elmo, Alabama 36568. 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 $5,225 or $15 / month in Saint Elmo and surrounding areas of Baldwin 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 Saint Elmo, Alabama 36568.

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Summary of Average Mortgage Terms in Saint Elmo, Alabama 36568

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 Saint Elmo, AL 36568, 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 Saint Elmo, Alabama 36568 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Saint Elmo, Alabama and around Baldwin 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 Saint Elmo, Alabama 36568

If you’re looking to buy a new home in Saint Elmo, we have compiled a list of the leading mortgage brokers around Saint Elmo, Alabama 36568 to help you with your search.

Name
Address
Contact

World Acceptance

15 Shelton Beach Rd

Saraland AL 36568

(251) 442-0992

http://www.worldacceptance.com/

TitleMax Title Loans

315-C US Highway 43

Saraland AL 36568

(251) 675-7973

webinquiries@titlemax.com

OneMain Financial

5-A Highway 43 S

Saraland AL 36568

(251) 675-4643

wecare@afsindia.com

Title Cash

209 Saraland Blvd N

Saraland AL 36568

(251) 679-3249

contactus@titlecash.com

Covington Credit Corporation

25 Saraland Blvd S

Saraland AL 36568

(251) 679-0791

Address

15 Shelton Beach Rd

Saraland AL

Contact

(251) 442-0992

http://www.worldacceptance.com/

Address

315-C US Highway 43

Saraland AL

Contact

(251) 675-7973

webinquiries@titlemax.com

Address

5-A Highway 43 S

Saraland AL

Contact

(251) 675-4643

wecare@afsindia.com

News on Mortgages and Reverse Mortgages for Saint Elmo, Alabama 36568