Compare Today’s Mortgage Rates for Albany, New York
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Albany, New York 12288. 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 $3,730 or $10 / month in Albany and surrounding areas of Albany 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 Albany, New York 12288.
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Summary of Average Mortgage Terms in Albany, New York 12288
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Albany, NY 12288, 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 Albany, New York 12288 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Albany, New York and around Albany 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 | 85.24% | 84.89% | 84.54% | 85.05% | 86.64% | 83.64% | 86.45% | 85.03% |
| avg mortgage rate | 4.97% | 4.69% | 3.88% | 3.84% | 4.38% | 4.00% | 3.76% | 3.84% |
| % 15 year fixed mortgage | 9.23% | 9.73% | 11.99% | 11.77% | 10.18% | 13.39% | 10.82% | 11.90% |
| avg mortgage rate | 4.35% | 3.87% | 3.11% | 2.93% | 3.35% | 3.16% | 2.92% | 3.11% |
| Avg credit score | 764.62 | 760.54 | 762.35 | 762.80 | 757.56 | 758.27 | 757.20 | 754.73 |
| Avg LTV (loan to value) | 75.73% | 77.22% | 79.87% | 80.14% | 79.91% | 81.99% | 81.88% | 81.86% |
| Avg DTI (debt to income) | 32.54 | 33.04 | 32.26 | 33.03 | 34.31 | 33.81 | 34.02 | 35.26 |
| % First time homebuyer | 36.35% | 24.64% | 21.61% | 27.38% | 27.71% | 30.66% | 28.15% | 31.97% |
| Avg mortgage insurance % | 6.56% | 7.10% | 9.81% | 10.35% | 10.60% | 12.35% | 12.22% | 11.75% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Albany, New York 12288
If you’re looking to buy a new home in Albany, we have compiled a list of the leading mortgage brokers around Albany, New York 12288 to help you with your search.
Name
Address
Contact
Affordable Housing Partnership
255 Orange St
Albany NY 12288
(518) 434-1730
scotner@ahphome.org
Housing Finance Agency
119 Washington Ave
Albany NY 12288
(518) 434-2118
http://www.nycom.org
Hudson River Mortgage
18 Corporate Woods Blvd
Albany NY 12288
(518) 465-2400
Axiom Capital
350 Northern Blvd
Albany NY 12288
(518) 472-4000
http://www.axiom-capital.com
Commercial Capital Training Group
90 State St
Albany NY 12288
(518) 694-3047
info@commercialcapitaltraining.com
Address
255 Orange St
Albany NY
Contact
(518) 434-1730
scotner@ahphome.org
Address
119 Washington Ave
Albany NY
Contact
(518) 434-2118
http://www.nycom.org
Address
18 Corporate Woods Blvd
Albany NY
Contact
(518) 465-2400