Compare Today’s Mortgage Rates for Troy, Alabama

Pureloan searches mortgage lenders and major banks in Troy, Alabama 36082 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 $2,355 or $7 / month is expected in Troy and other areas of Pike county.

Pureloan’s search engine explores all home mortgage options in Troy, Alabama 36082, 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 Troy, Alabama 36082

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 Troy, AL 36082, 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 Troy, Alabama 36082 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Troy, Alabama and around Pike 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 93.37% 86.67% 87.72% 88.79% 88.85% 86.10% 88.92% 87.30%
avg mortgage rate 4.89% 4.62% 3.85% 3.90% 4.48% 4.13% 3.94% 4.12%
% 15 year fixed mortgage 5.42% 12.50% 11.11% 8.88% 8.85% 12.36% 7.38% 10.32%
avg mortgage rate 4.29% 3.93% 3.26% 2.91% 3.49% 3.28% 3.10% 3.18%
Avg credit score 766.05 762.98 759.42 759.22 753.95 753.35 749.27 754.71
Avg LTV (loan to value) 75.44% 77.84% 81.92% 82.83% 83.45% 84.34% 85.08% 84.09%
Avg DTI (debt to income) 31.00 31.43 30.44 31.97 30.90 33.15 32.77 33.29
% First time homebuyer 30.72% 26.67% 22.22% 27.57% 28.46% 23.55% 21.54% 20.63%
Avg mortgage insurance % 4.03% 6.59% 10.96% 12.68% 14.28% 14.92% 16.06% 13.22%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Troy, Alabama 36082

If you’re looking to buy a new home in Troy, we have compiled a list of the leading mortgage brokers around Troy, Alabama 36082 to help you with your search.

Name
Address
Contact

Troy Loan Service

1000 Hunters Mountain Pkwy

Troy AL 36082

(334) 566-6672

Home Town Credit

119 Southland Vlg

Troy AL 36082

(334) 670-0021

Check 'n Go

1320 S Brundidge St

Troy AL 36082

(334) 807-0500

http://www.checkngo.com/

Covington Credit Corporation

1111 Highway 231 S

Troy AL 36082

(334) 566-3165

World Finance

109 Highway 231 S

Troy AL 36082

(334) 566-7443

http://www.worldfinance.com/

Address

1000 Hunters Mountain Pkwy

Troy AL

Contact

(334) 566-6672

Address

119 Southland Vlg

Troy AL

Contact

(334) 670-0021

Address

1320 S Brundidge St

Troy AL

Contact

(334) 807-0500

http://www.checkngo.com/

News on Mortgages and Reverse Mortgages for Troy, Alabama 36082