Compare Today’s Mortgage Rates for Tuskegee Institute, Alabama
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Tuskegee Institute, Alabama 36087. 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 $1,379 or $4 / month in Tuskegee Institute and surrounding areas of Macon 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 Tuskegee Institute, Alabama 36087.
Summary of Average Mortgage Terms in Tuskegee Institute, Alabama 36087
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APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Tuskegee Institute, AL
To forecast and predict mortgage rates in Tuskegee Institute, AL 36087, 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 Tuskegee Institute, Alabama 36087 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Tuskegee Institute, Alabama and around Macon 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 Tuskegee Institute, Alabama 36087
If you’re looking to buy a new home in Tuskegee Institute, we have compiled a list of the leading mortgage brokers around Tuskegee Institute, Alabama 36087 to help you with your search.
Name
Address
Contact
Covington Credit Corporation
1609 W Montgomery Rd
Tuskegee Institute AL 36087
(334) 727-7774
TitleMax Title Loans
5566 US Highway 231
Wetumpka AL 36087
(334) 514-9599
webinquiries@titlemax.com
Title Cash
613 S Main St
Wetumpka AL 36087
(334) 567-0731
contactus@titlecash.com
1st Franklin Financial
4662 US Highway 231
Wetumpka AL 36087
(334) 514-6111
bcheek3@1ffc.com
Elmore County Abstract
109 Company St
Wetumpka AL 36087
(334) 567-2548
elmorecopc@aol.com
Address
1609 W Montgomery Rd
Tuskegee Institute AL
Contact
(334) 727-7774
Address
5566 US Highway 231
Wetumpka AL
Contact
(334) 514-9599
webinquiries@titlemax.com
Address
613 S Main St
Wetumpka AL
Contact
(334) 567-0731
contactus@titlecash.com