Compare Today’s Mortgage Rates for Valley, Alabama

Pureloan searches mortgage lenders and major banks in Valley, Alabama 36872 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 $3,266 or $9 / month is expected in Valley and other areas of Russell county.

Pureloan’s search engine explores all home mortgage options in Valley, Alabama 36872, 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 Valley, Alabama 36872

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 Valley, AL 36872, 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 Valley, Alabama 36872 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Valley, Alabama and around Russell 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 Valley, Alabama 36872

If you’re looking to buy a new home in Valley, we have compiled a list of the leading mortgage brokers around Valley, Alabama 36872 to help you with your search.

Name
Address
Contact

Covington Credit

2002 35th St

Valley AL 36872

(334) 768-2192

World Acceptance

359 Fob James Dr

Valley AL 36872

(334) 756-3450

http://www.worldacceptance.com/

Check 'n Go

3214 20th Ave

Valley AL 36872

(334) 219-3722

http://www.checkngo.com/

Cash 2 Go

3909 US Highway 80 W

Phenix City AL 36872

(334) 298-0612

contactus@titlecash.com

Loan South Finance Company

3304 US Highway 80 W

Phenix City AL 36872

(334) 480-8876

http://serviceloansouth.com

Address

2002 35th St

Valley AL

Contact

(334) 768-2192

Address

359 Fob James Dr

Valley AL

Contact

(334) 756-3450

http://www.worldacceptance.com/

Address

3214 20th Ave

Valley AL

Contact

(334) 219-3722

http://www.checkngo.com/

News on Mortgages and Reverse Mortgages for Valley, Alabama 36872