Compare Today’s Mortgage Rates for Sumiton, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Sumiton, Alabama 35148. 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 $2,483 or $7 / month in Sumiton and other areas of Walker county.

Our search engine explores all home mortgage options in Sumiton, Alabama 35148, 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 Sumiton, Alabama 35148

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Sumiton, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Sumiton, AL 35148, 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 Sumiton, AL

Historical Mortgage Rates for Sumiton, Alabama 35148 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Sumiton, Alabama and around Walker 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 Sumiton, Alabama 35148

If you’re looking to buy a new home in Sumiton, we have compiled a list of the leading mortgage brokers around Sumiton, Alabama 35148 to help 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

News on Mortgages and Reverse Mortgages for Sumiton, Alabama 35148