Compare Today’s Mortgage Rates for Spanish Fort, Alabama

Pureloan searches mortgage lenders and major banks in Spanish Fort, Alabama 36577 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 $6,387 or $18 / month is expected in Spanish Fort and other areas of Baldwin county.

Pureloan’s search engine explores all home mortgage options in Spanish Fort, Alabama 36577, 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 Spanish Fort, Alabama 36577

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Spanish Fort, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Spanish Fort, AL 36577, 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 Spanish Fort, AL

Historical Mortgage Rates for Spanish Fort, Alabama 36577 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Spanish Fort, 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 Spanish Fort, Alabama 36577

If you’re looking to buy a new home in Spanish Fort, we have compiled a list of the leading mortgage brokers around Spanish Fort, Alabama 36577 to help you with your search.

Name
Address
Contact

Pen Air Federal Credit Union

6450 US Highway 90

Spanish Fort AL 36577

(251) 621-4087

S W Funding

8531 Spanish Fort Blvd

Spanish Fort AL 36577

(251) 621-2300

Rbc Bank

500 Spanish Fort Blvd

Spanish Fort AL 36577

(251) 626-5572

http://www.rbcbankusa.com

Southchase Mortgage Service

9461 Sweet Gum Ct

Spanish Fort AL 36577

(251) 625-0444

southchasemort@bellsouth.net

Regions Mortgage

30083 Woodrow Ln

Spanish Fort AL 36577

(251) 625-2964

http://regions.com/MORTGAGE.RF

Address

6450 US Highway 90

Spanish Fort AL

Contact

(251) 621-4087

Address

8531 Spanish Fort Blvd

Spanish Fort AL

Contact

(251) 621-2300

Address

500 Spanish Fort Blvd

Spanish Fort AL

Contact

(251) 626-5572

http://www.rbcbankusa.com

News on Mortgages and Reverse Mortgages for Spanish Fort, Alabama 36577