Mortgage lending in Mobile, AL
7,862 mortgages were originated in the Mobile, AL area in 2025, and here is what they cost.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 7,862
- Median rate
- 6.625%
- Median lender fees
- $5,650
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $175,000
- Above the going rate (spread over APOR)
- 0.346
- Paid discount points
- 40.9%
- Received lender credits
- 22%
- Purchases / refinances
- 54.1% / 28.3%
- Conventional / FHA / VA
- 63.2% / 24.6% / 10.9%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 70.5% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Mobile, AL area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 596 | $5,377 | 6.500% |
| Regions Bank | 504 | $2,476 | 4.990% |
| Trustmark National Bank | 383 | $3,957 | 6.500% |
| DHI Mortgage Company, Ltd. | 303 | $6,470 | 4.990% |
| United Shore Financial Services, LLC | 284 | $7,778 | 6.250% |
| Embrace Home Loans, Inc. | 230 | $7,093 | 6.625% |
| PNC Bank, National Association | 186 | — | 7.800% |
| Gmfs LLC | 178 | $4,383 | 6.490% |
| Community Bank of Mississippi | 170 | $3,263 | 7.188% |
| Mortgage Research Center, LLC | 167 | $2,850 | 6.438% |