Compare Today’s Mortgage Rates in Sumiton, Alabama 35148
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Sumiton, Alabama 35148.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Sumiton, Alabama 35148. For a 30-year fixed loan, our calculations show that you can expect to save up to $3,778 over the lifetime of your mortgage, which translates to a monthly savings of $10 in Sumiton and other areas of Walker county.
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Summary of Average Mortgages in Sumiton, Alabama 35148
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Sumiton, Alabama 35148
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Sumiton, AL 35148. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Sumiton, Alabama 35148 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Sumiton, Alabama and around Walker county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 97.54% | 93.77% | 94.03% | 93.55% | 90.28% | 93.00% | 89.93% | 89.86% | 88.06% |
| avg mortgage rate | 6.46% | 4.69% | 3.06% | 3.41% | 4.39% | 4.66% | 4.22% | 3.96% | 4.14% |
| % 15 year fixed mortgage | 1.40% | 4.79% | 5.29% | 4.62% | 7.29% | 5.00% | 7.26% | 8.54% | 8.91% |
| avg mortgage rate | 5.46% | 3.82% | 2.39% | 2.93% | 3.80% | 3.95% | 3.45% | 3.12% | 3.33% |
| Avg credit score | 748.30 | 756.59 | 750.10 | 749.83 | 750.31 | 764.81 | 748.76 | 767.27 | 754.31 |
| Avg LTV (loan to value) | 81.46% | 82.34% | 84.79% | 85.74% | 84.64% | 84.07% | 84.23% | 84.35% | 84.22% |
| Avg DTI (debt to income) | 36.56 | 34.88 | 32.87 | 33.03 | 33.64 | 33.39 | 32.11 | 32.26 | 31.87 |
| % First time homebuyer | 37.19% | 32.40% | 28.95% | 28.42% | 33.05% | 22.29% | 22.44% | 20.64% | 24.42% |
| Avg mortgage insurance % | 14.23% | 14.35% | 15.64% | 16.73% | 15.90% | 15.36% | 15.60% | 15.85% | 15.32% |
Best Mortgage Brokers around Sumiton, Alabama 35148
For those searching for a new home in Sumiton, we have compiled a list of the top mortgage brokers located in and around Sumiton, Alabama 35148 to assist you with your search.
Name
Address
Contact
World Finance
140 Hull Rd
Sumiton AL 35148
(205) 648-8600
Stevews Fast Money Loans
765 Highway 78
Sumiton AL 35148
(205) 255-6282
stevesfastmoneyloans@gmail.com
Title Cash
40530 US Highway 280
Sylacauga AL 35148
(256) 245-3404
contactus@titlecash.com
TitleMax Title Loans
714 W Fort Williams St
Sylacauga AL 35148
(256) 207-3387
webinquiries@titlemax.com
Acceptance Loan Co.
270 W Fort Williams St
Sylacauga AL 35148
(256) 208-7721
address@www.acceptanceloan.com
Address
140 Hull Rd
Sumiton AL
Contact
(205) 648-8600
Address
765 Highway 78
Sumiton AL
Contact
(205) 255-6282
stevesfastmoneyloans@gmail.com
Address
40530 US Highway 280
Sylacauga AL
Contact
(256) 245-3404
contactus@titlecash.com