Compare Today’s Mortgage Rates for Silas, Alabama

Pureloan searches mortgage lenders and major banks in Silas, Alabama 36919 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 $2,601 or $7 / month is expected in Silas and other areas of Choctaw county.

Pureloan’s search engine explores all home mortgage options in Silas, Alabama 36919, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Silas, Alabama 36919

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Silas, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Silas, AL 36919, 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 Silas, AL

Historical Mortgage Rates for Silas, Alabama 36919 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Silas, Alabama and around Choctaw 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 Silas, Alabama 36919

If you’re looking to buy a new home in Silas, we have compiled a list of the leading mortgage brokers around Silas, Alabama 36919 to help you with your search.

Name
Address
Contact

Cash 2 Go

450 N Broad St

York AL 36919

(205) 392-1361

Address

450 N Broad St

York AL

Contact

(205) 392-1361

News on Mortgages and Reverse Mortgages for Silas, Alabama 36919