Compare Today’s Mortgage Rates for Trafford, Alabama

Pureloan searches mortgage lenders and major banks in Trafford, Alabama 35172 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 $4,052 or $11 / month is expected in Trafford and other areas of Jefferson county.

Pureloan’s search engine explores all home mortgage options in Trafford, Alabama 35172, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

No suitable program is found

Summary of Average Mortgage Terms in Trafford, Alabama 35172

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Trafford, AL 35172, 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.

Historical Mortgage Rates for Trafford, Alabama 35172 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Trafford, Alabama and around Jefferson 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 Trafford, Alabama 35172

If you’re looking to buy a new home in Trafford, we have compiled a list of the leading mortgage brokers around Trafford, Alabama 35172 to help you with your search.

Name
Address
Contact

Allied Cash Advance

445 Main St

Trussville AL 35172

(205) 655-5921

http://www.alliedcash.com/

Faith Mortgage

186 Main St

Trussville AL 35172

(205) 655-7250

faithmtg@comcast.net

Rbc Bank

115 N Chalkville Rd

Trussville AL 35172

(205) 661-4700

http://www.rbcbankusa.com/

Mortgages & More

4643 Camp Coleman Rd

Trussville AL 35172

(205) 655-0202

http://www.banking.alabama.gov

Mortgage America

413 Main St

Trussville AL 35172

(205) 655-5121

brendaw@mortgageamerica.com

Address

445 Main St

Trussville AL

Contact

(205) 655-5921

http://www.alliedcash.com/

Address

186 Main St

Trussville AL

Contact

(205) 655-7250

faithmtg@comcast.net

Address

115 N Chalkville Rd

Trussville AL

Contact

(205) 661-4700

http://www.rbcbankusa.com/

News on Mortgages and Reverse Mortgages for Trafford, Alabama 35172