Compare Today’s Mortgage Rates for Albany, New York
Pureloan searches mortgage lenders and major banks in Albany, New York 12236 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 $2,802 or $8 / month is expected in Albany and other areas of Albany county.
Pureloan’s search engine explores all home mortgage options in Albany, New York 12236, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Albany, New York 12236
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Albany, NY
To forecast and predict mortgage rates in Albany, NY 12236, 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 12236 from 2013 - 2020
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 12236
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 12236 to help you with your search.
Name
Address
Contact
Affordable Housing Partnership
255 Orange St
Albany NY 12236
(518) 434-1730
scotner@ahphome.org
Housing Finance Agency
119 Washington Ave
Albany NY 12236
(518) 434-2118
http://www.nycom.org
Hudson River Mortgage
18 Corporate Woods Blvd
Albany NY 12236
(518) 465-2400
Axiom Capital
350 Northern Blvd
Albany NY 12236
(518) 472-4000
http://www.axiom-capital.com
Commercial Capital Training Group
90 State St
Albany NY 12236
(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