Alabama
Mortgage Rates;
It’s a great time to be looking for a mortgage in Alabama as it’s currently a buyer’s market for both first time buyers who are looking for their first Alabama mortgage and, for home owners who are looking to refinance their mortgages. The Alabama market is and has been booming for some time now proviidng an excellent investment opportunity for home buyers. Below is an example of the rates currently on offer.
For loans up to $417.000
30 yr Fixed : rates from 6.250 – 5.750
15 yr Fixed: rates from 6.375 – 5.375
1 yr ARM : rates 6.857 – 5.125
3/1 ARM : rates from 5.250 – 6.5
For loans above $417,000
30 yr Fixed Jumbo : rates from 5.875 – 6.5
15 yr Fixed Jumbo : rates from 5.625 – 6.250
1 yr ARM Jumbo : rates from 5.375 – 6.875
3/1 ARM Jumbo : rates from 5.625 – 6.625
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Looking for a mortgage in one of Alabama's major cities? Click any of the cities below for more mortgage information.
Major Alabama
Cities;
Auburn
Birmingham
Huntsville
Mobile
Montgomery
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