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Current Mortgage Rates in Alabama

Time Range: 6m 1y 2y 5y More mortgage rates?

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

Mortgage Rates for Oct. 03 - 10 , 2014*

Product Interest Rate Points National Average
30 Year Fixed Rate Mortgage 4.25% 0.06 4.17%
15 Year Fixed Rate Mortgage 3.41% 0.02 3.45%
30 Year 5/1 ARM 3.13% 0.00 3.20%
*weekly rolling averages

4/14 5/14 6/14 7/14 8/14 9/14 10/14
30-Year Fixed 4.46 4.31 4.30 4.22 4.20 4.29 4.21
15-Year Fixed 3.51 3.40 3.41 3.35 3.37 3.48 3.38
5/1 ARM 3.13 3.13 3.00 3.00 3.00 3.50 3.06

Current Mortgage Rates in Alabama

 
Displaying rates for: Refinance, Alabama, $200,000
CLICK TO CONTACT LENDERS DIRECTLY
1
Find a mortgage right for you. NMLS#98161
  • Enjoy a convenient loan process
  • Low rates. Learn more now.
  • APR: 3.930%    Rate: 3.875%    Monthly Payment: $ 940
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2
Direct Mortgage Lender
  • Billions Funded
  • Apply Online. Quick approvals.
  • APR: 4.087%    Rate: 3.875%    Monthly Payment: $ 940
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3
We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
  • APR: 4.425%    Rate: 4.180%    Monthly Payment: $ 976
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4
Saving just makes sense. Get $1000 Off Closing Costs.
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  • Free 60-day rate lock and no application fee
  • APR: 3.973%    Rate: 3.750%    Monthly Payment: $ 926
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5
Competitive rates and no hidden fees
  • One dedicated mortgage banker from first call to closing
  • Simple, straightforward process
  • APR: 3.953%    Rate: 3.750%    Monthly Payment: $ 926
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6
Mortgages from 2.75% (2.96% APR)
  • $200k Loan for Under $816/Month
  • Free Home Mortgage Rate Quotes.
  • Compare Rates from Up to 5 Lenders.
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Mortgage Trends in Alabama

Popular Property Types
 

Single-Family Homes

93.1%
*Single-Family Homes make up 93.1% 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

1.4%
*Townhomes make up 1.4% of purchased or refinanced homes

Average Property Value

Average Annual Property Taxes

Average Mortgage Balance

Data source: CoreLogic

Popular Mortgage and Refinance Types

Find Our Best Mortgage Rates

Type of Loan
Mortgage Refinance
Home Equity Loan or Line
Debt Consolidation
New Home Loan
Property Type:
Property State:
Credit rating: (Estimates okay)