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.
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Summary of Average Mortgage Terms in Trafford, Alabama 35172
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
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/