Compare Today’s Mortgage Rates for Winfield, Alabama

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Winfield, Alabama 35594. 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 $4,160 or $12 / month in Winfield and surrounding areas of Marion 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 Winfield, Alabama 35594.

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Summary of Average Mortgage Terms in Winfield, Alabama 35594

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 Winfield, AL 35594, 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 Winfield, Alabama 35594 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Winfield, Alabama and around Marion 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 Winfield, Alabama 35594

If you’re looking to buy a new home in Winfield, we have compiled a list of the leading mortgage brokers around Winfield, Alabama 35594 to help you with your search.

Name
Address
Contact

Hometown Lenders

1077 US Highway 43

Winfield AL 35594

(205) 487-0622

http://hometownlenders.com

Mortgage Center

837 US Highway 43

Winfield AL 35594

(205) 487-8075

http://www.themortgagecenterinc.com

Vernon Finance

124 2nd Ave SW

Vernon AL 35594

(205) 695-0820

Capstone Finance

1815 6th Ave SE

Decatur AL 35594

(256) 308-0035

http://www.capstonedecatur.com

Centerstate Bank

301 S Court St

Florence AL 35594

(256) 718-4200

Address

1077 US Highway 43

Winfield AL

Contact

(205) 487-0622

http://hometownlenders.com

Address

837 US Highway 43

Winfield AL

Contact

(205) 487-8075

http://www.themortgagecenterinc.com

Address

124 2nd Ave SW

Vernon AL

Contact

(205) 695-0820

News on Mortgages and Reverse Mortgages for Winfield, Alabama 35594