Compare Today’s Refinance Rates for Mobile, Alabama
Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Mobile, Alabama 36695. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Mobile and surrounding areas of Mobile county, your expected lifetime cash savings are $7,955 or $22 / month.
Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Mobile, Alabama 36695.
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Summary of Average Refinance Terms in Mobile, Alabama 36695
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Interactive and Personalized Mortage Rates Analysis
For refinance rate forecasts and predictions in Mobile, AL 36695, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.
Refinance Rates for Mobile, Alabama 36695 from 2012 - 2019
Below are historical data on refinancing in Mobile, Alabama and around Mobile county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed refinance | 62.65% | 59.69% | 50.59% | 53.91% | 59.02% | 66.18% | 61.49% | 61.11% |
| avg refi rate | 4.84% | 4.58% | 3.91% | 3.75% | 4.44% | 4.09% | 3.95% | 4.05% |
| % 15 year fixed refinance | 26.85% | 23.47% | 31.76% | 34.38% | 33.61% | 22.71% | 25.47% | 31.94% |
| avg refi rate | 4.21% | 3.90% | 3.17% | 3.00% | 3.62% | 3.39% | 3.23% | 3.18% |
| Avg credit score | 758.89 | 753.77 | 758.48 | 758.46 | 752.42 | 749.99 | 751.98 | 749.29 |
| Avg LTV (loan to value) | 68.88% | 69.63% | 71.58% | 70.54% | 73.89% | 75.18% | 76.77% | 72.06% |
| Avg DTI (debt to income) | 30.71 | 31.83 | 29.53 | 28.98 | 31.01 | 30.52 | 32.52 | 30.57 |
| Avg refinance insurance % | 2.04% | 2.19% | 4.29% | 4.26% | 6.43% | 7.13% | 7.57% | 5.39% |
Data produced from the Financial Report of the US Government
Best Refinance Brokers Around Mobile, Alabama 36695
Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Mobile, Alabama 36695, we have compiled a list of the leading refinance brokers to guide you.
Scarlett Morgan
Loan Officer
41 West I-65 Service Road, 2Nd Floor
Mobile, AL 36695
(251) 438-9800
scarlett.morgan@bbandt.com
Travis Guest
Mortgage Lenders
3001 Airport Blvd, #201
Mobile, AL 36695
(251) 434-3342
travis.guest@regions.com
Kate King
Mortgage Lenders
3001 Airport Blvd, #201
Mobile, AL 36695
(251) 434-3330
kate.king@regions.com
Kay Mashburn
Mortgage Lenders
3001 Airport Blvd, #201
Mobile, AL 36695
(251) 694-1454
kay.mashburn@regions.com
Glynis Hyde
Mortgage Lenders
3001 Airport Blvd, #201
Mobile, AL 36695
(251) 694-1440
glynis.hyde@regions.com
Address
41 West I-65 Service Road, 2Nd Floor
Mobile, AL
Contact
(251) 438-9800
Fax (301) 639-0804
scarlett.morgan@bbandt.com
Address
3001 Airport Blvd, #201
Mobile, AL
Contact
(251) 434-3342
Fax (301) 639-0804
travis.guest@regions.com
Address
3001 Airport Blvd, #201
Mobile, AL
Contact
(251) 434-3330
Fax (301) 639-0804
kate.king@regions.com