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
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Interactive and Personalized Mortage Rates Analysis
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