Alabama Conventional Mortgage Rates

Updated: September 20, 2018

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Displaying rates for Mortgage Refinance in AL for $200,000

5.041%

APR

30 Year Fixed

4.990% Rate

$1,073/mo

Updated September 20, 2018

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5.250%

APR

30 Year Fixed

5.250% Rate

$1,105/mo

Updated September 20, 2018

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5.176%

APR

30 Year Fixed

5.125% Rate

$1,089/mo

Updated September 20, 2018

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PRODUCTS	RATES	+/-
30 Year Fixed	5.00%
15 Year Fixed	4.13%
5/1 ARM	3.88%

Thursday, September 20, 2018

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Mortgage rates for Alabama go up to 5.00%

Thursday, September 20, 2018

Mortgage rates for Alabama on Lender411 for 30-year fixed-rate mortgages are at 5.00%. That increased from 4.92% to 5.00%. The 15-year fixed rates are now at 4.13%. The 5/1 ARM mortgage for Alabama is now at 3.88%.

Conventional Mortgage Rates & Loan Limits in Alabama

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in Alabama or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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