Compare Today’s Mortgage Rates for Scottsboro, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Scottsboro, Alabama 35769. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $5,617 or $16 / month in Scottsboro and other areas of Jackson county.

Our search engine explores all home mortgage options in Scottsboro, Alabama 35769, 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 Scottsboro, Alabama 35769

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 Scottsboro, AL 35769, 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 Scottsboro, Alabama 35769 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Scottsboro, Alabama and around Jackson 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 85.43% 79.88% 81.18% 87.12% 85.10% 88.33% 84.52% 85.62%
avg mortgage rate 4.79% 4.55% 3.83% 3.88% 4.38% 4.05% 3.93% 4.12%
% 15 year fixed mortgage 12.15% 17.16% 16.13% 11.86% 12.12% 10.76% 13.31% 11.64%
avg mortgage rate 4.20% 3.68% 3.17% 3.14% 3.42% 3.23% 3.00% 3.21%
Avg credit score 763.45 760.86 760.60 758.87 758.55 757.00 756.20 757.18
Avg LTV (loan to value) 76.83% 78.95% 82.17% 82.45% 83.17% 84.08% 84.13% 83.59%
Avg DTI (debt to income) 30.24 30.25 27.92 27.95 29.60 29.11 29.56 31.08
% First time homebuyer 26.72% 31.36% 28.49% 31.86% 23.74% 27.46% 26.01% 23.97%
Avg mortgage insurance % 4.95% 6.63% 10.92% 11.53% 12.39% 13.58% 13.96% 14.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Scottsboro, Alabama 35769

If you’re looking to buy a new home in Scottsboro, we have compiled a list of the leading mortgage brokers around Scottsboro, Alabama 35769 to help you with your search.

Name
Address
Contact

1st Franklin Financial

102 Micah Way

Scottsboro AL 35769

(256) 259-1997

bcheek3@1ffc.com

Cash Mart Inc.

1003 S Broad St

Scottsboro AL 35769

(256) 259-2636

Covington Credit Corporation

1527 S Broad St

Scottsboro AL 35769

(256) 259-0302

Cash Mart

1607 S Broad St

Scottsboro AL 35769

(256) 259-2433

Local Cash Advance-Scottsboro

611 Veterans Dr

Scottsboro AL 35769

(256) 259-9777

Address

102 Micah Way

Scottsboro AL

Contact

(256) 259-1997

bcheek3@1ffc.com

Address

1003 S Broad St

Scottsboro AL

Contact

(256) 259-2636

Address

1527 S Broad St

Scottsboro AL

Contact

(256) 259-0302

News on Mortgages and Reverse Mortgages for Scottsboro, Alabama 35769