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 $5,431 or $15 / 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

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


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

News on Mortgages and Reverse Mortgages for Albany, New York 12288