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Current Mortgage Rates in Alabama

Time Range: 3m 6m 1y Looking for other products?

30-Year Fixed
15-Year Fixed
5/1 ARM

Data for 15 Year Fixed Rate Mortgage available from 1997-2015. See the data

Data for 30 Year Fixed Rate Mortgage available from 1997-2015. See the data

Data for 30 Year 5/1 ARM available from 1997-2015. See the data

Mortgage Rates for Feb. 06 - 13 , 2015*

Product Interest Rate Points National Average
30 Year Fixed Rate Mortgage 3.94% 0.07 3.89%
15 Year Fixed Rate Mortgage 3.21% 0.05 3.24%
30 Year 5/1 ARM 3.18% 0.00 3.17%
*weekly rolling averages

Hide graph data
8/14 9/14 10/14 11/14 12/14 1/15 2/15
30-Year Fixed 4.20 4.29 4.21 4.21 4.02 3.83 3.95
15-Year Fixed 3.37 3.48 3.37 3.40 3.34 3.24 3.21
5/1 ARM 3.00 3.50 3.05 3.25 3.13 3.13 3.19

Current Mortgage Rates in Alabama

 

Displaying results for AL

Mortgage Rates From 3.13% (3.09% APR)
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Mortgage Trends in Alabama

Popular Property Types
 

Single-Family Homes

93.2%
*Single-Family Homes make up 93.2% of purchased or refinanced homes
 

Condominiums

2.6%
*Condominiums make up 2.6% of purchased or refinanced homes
 

PUD Homes

2.9%
*PUD or Planned Unit Development homes make up 2.9% of purchased or refinanced homes
 

Townhomes

1.3%
*Townhomes make up 1.3% of purchased or refinanced homes

Average Property Value

Average Annual Property Taxes

Average Mortgage Balance

Data source: CoreLogic

Popular Mortgage and Refinance Types

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Type of Loan
Mortgage Refinance
Home Equity Loan or Line
Debt Consolidation
New Home Loan
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