Shelby County ranks among top markets in Alabama for securing a mortgage

//Shelby County ranks among top markets in Alabama for securing a mortgage

Shelby County ranks among top markets in Alabama for securing a mortgage

Metro Birmingham’s Shelby County has ranked among the top 10 markets in the state of Alabama for securing a mortgage loan. That’s according to a recent study by financial technology company SmartAsset that analyzed data on mortgage approval rates, interest rates, average five-year borrowing costs and property taxes. In Shelby County, the study found a loan funding rate of 64.17% with five-year borrowing costs of $84,487, property taxes totaling $6,554 and an annual mortgage payment of $16,132. Colbert…

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By | 2019-08-22T19:09:13+00:00 August 22nd, 2019|Economics|

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