Alabama Mortgage Rates
Mortgage Rates as on 01 May 2024 in Alabama
| Mortgage Type | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | 30 Year |
|---|---|---|---|---|---|---|
| Fixed | - | - | 6.5 | 6.5 | 6.875 | 7.25 |
| Fixed APR | - | - | 6.884 | 6.782 | 7.091 | 7.428 |
| Adjustable | 8 | 7.875 | - | - | - | |
| Adjustable APR | 8.206 | 8.169 | - | - | - | |
| Jumbo | - | - | - | 7.125 | 7.375 | 7.375 |
| Jumbo APR | - | - | - | 7.404 | 7.618 | 7.545 |
| FHA | - | - | - | 7.25 | - | 7.25 |
| FHA APR | - | - | - | 9.045 | - | 8.144 |
| VA | - | - | - | 7.25 | - | 6.99 |
| VA APR | - | - | - | 8.675 | - | 7.38 |
Alabama Mortgage Rates Updated on 01 May 2024
Alabama Mortgage Rates Explained :
Alabama Fixed Mortgage Rate :
In Alabama State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
In Alabama State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
Alabama ARM Rate :
In Alabama State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
In Alabama State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
Alabama Jumbo Jumbo Mortgage Rate :
A Alabama jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
A Alabama jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
Alabama FHA Mortgage Rate :
In Alabama State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
In Alabama State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
Alabama VA Mortgage Rate :
In Alabama State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
In Alabama State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
Alabama APR :
In Alabama State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
In Alabama State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
About Alabama Mortgage Rates
Alabama Mortgage Rates. Home Mortgage Rates Today in Alabama
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Check Mortgage Rates in Alabama. Best Mortgage Rates acquired from multiple options in Alabama. Completely Secure & Total Privacy without any Email or Data Collection.