Compare Today’s Mortgage Rates for Semmes, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Semmes, Alabama 36575. 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 $4,074 or $11 / month in Semmes and surrounding areas of Mobile 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 Semmes, Alabama 36575.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Semmes, Alabama 36575

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Semmes, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Semmes, AL 36575, 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.

Local Mortgage Rates for Semmes, AL

Historical Mortgage Rates for Semmes, Alabama 36575 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Semmes, Alabama and around Mobile 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 Semmes, Alabama 36575

If you’re looking to buy a new home in Semmes, we have compiled a list of the leading mortgage brokers around Semmes, Alabama 36575 to help you with your search.

Name
Address
Contact

TitleMax Title Loans

7835 Moffett Rd

Semmes AL 36575

(251) 649-6880

webinquiries@titlemax.com

Title Cash

5864 Highway 90

Theodore AL 36575

(251) 653-7475

contactus@titlecash.com

Joe Thomas Associates

5663 Brandi Dr

Theodore AL 36575

(251) 602-8397

American Family Funds

3720 Airport Blvd

Mobile AL 36575

(251) 344-1084

http://americanfamilyfunds.com

Pennstar Financial

2 Office Park

Mobile AL 36575

(251) 338-2729

Address

7835 Moffett Rd

Semmes AL

Contact

(251) 649-6880

webinquiries@titlemax.com

Address

5864 Highway 90

Theodore AL

Contact

(251) 653-7475

contactus@titlecash.com

Address

5663 Brandi Dr

Theodore AL

Contact

(251) 602-8397

News on Mortgages and Reverse Mortgages for Semmes, Alabama 36575