Mortgage rates for Alabama
go down to 3.75%
Friday, July 19, 2019
Mortgage rates for Alabama on Lender411 for 30-year fixed-rate mortgages are at 3.75%.
That dropped from 3.78% to 3.75%.
The 15-year fixed rates are now at 3.42%. The 5/1 ARM mortgage for Alabama is now at 4.13%.
Interest Only Rates in Alabama
When you buy a home in Alabama or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.
Local Cities
Anniston |
Auburn |
Birmingham |
Dothan |
Eufaula |
Fairhope |
Florence |
Huntsville |
Mobile |
Montgomery |
Phenix City |
Selma |
Tuscaloosa |
Vernon
30 Year Fixed
3.75%
