Low Mortgage Rates - AL
To learn about low mortgage rate loans in Alabama, contact the local housing finance agency:
Alabama Housing Finance Authority
P.O. Box 242967, Montgomery, AL, 36124
(334) 244-9200
Website: http://www.ahfa.com
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AL Mortgage Regulator
For questions or concerns regarding a mortgage lender in Alabama, contact the local regulator:
Alabama State Banking Department
P.O. Box 4600, Montgomery, AL, 36103
334-242-3452
Toll Free: 1-866-465-2279
Website: http://www.banking.alabama.gov
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Rate History: Alabama Mortgage Rates - 1986
Think today's mortgage rates are too high? Let's take a look back to the year 1986. According to Freddie Mac, one of the largest buyers of home loans, average rates on the 30 year fixed rate mortgage loan were as low as 9.32%, and got as high as 10.71%.
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