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15 Year Fixed Mortgage Rates in Alabama

Updated: June 22, 2017

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

3.218%

APR
15 Year Fixed
3.000% Rate $1,381/mo
  • Updated June 22, 2017
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2.879%

APR
15 Year Fixed
2.750% Rate $1,358/mo
  • Updated June 22, 2017
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3.631%

APR
15 Year Fixed
3.500% Rate $1,430/mo
  • Updated June 22, 2017
  • A+ Rating with the Better Business Bureau
PRODUCTS RATES +/-
30 Year Fixed 3.96%
15 Year Fixed 3.16%
5/1 ARM 3.25%
Thursday, June 22, 2017

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Mortgage rates for Alabama go up to 3.96%

Thursday, June 22, 2017

Mortgage rates for Alabama on Lender411 for 30-year fixed-rate mortgages are at 3.96%. That increased from 3.81% to 3.96%. The 15-year fixed rates are now at 3.16%. The 5/1 ARM mortgage for Alabama is now at 3.25%.

15 Year Fixed Mortgage Rate Explained

15 year fixed mortgage is a loan program where the monthly payment (principal and interest) of the loan does not change during the 15 year life of the loan. Like the 30 year, and the loan is "amortized" so that it will be completely paid off by the end of 15 years. Above you will find 15-year fixed refinance rates for national and local lenders in Alabama. 

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