Compare Today’s Mortgage Rates for Townley, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Townley, Alabama 35587. 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 $4,394 or $12 / month in Townley and surrounding areas of Walker 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 Townley, Alabama 35587.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Townley, Alabama 35587

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Townley, AL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Townley, AL 35587, 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 Townley, AL

Historical Mortgage Rates for Townley, Alabama 35587 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Townley, 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 Townley, Alabama 35587

If you’re looking to buy a new home in Townley, we have compiled a list of the leading mortgage brokers around Townley, Alabama 35587 to help you with your search.

Name
Address
Contact

Mortgage Center

837 US Highway 43

Winfield AL 35587

(205) 487-8075

http://www.themortgagecenterinc.com

Hometown Lenders

1077 US Highway 43

Winfield AL 35587

(205) 487-0622

http://hometownlenders.com

Vernon Finance

124 2nd Ave SW

Vernon AL 35587

(205) 695-0820

Capstone Finance

1815 6th Ave SE

Decatur AL 35587

(256) 308-0035

http://www.capstonedecatur.com

Centerstate Bank

301 S Court St

Florence AL 35587

(256) 718-4200

Address

837 US Highway 43

Winfield AL

Contact

(205) 487-8075

http://www.themortgagecenterinc.com

Address

1077 US Highway 43

Winfield AL

Contact

(205) 487-0622

http://hometownlenders.com

Address

124 2nd Ave SW

Vernon AL

Contact

(205) 695-0820

News on Mortgages and Reverse Mortgages for Townley, Alabama 35587