Compare Today’s Refinance Rates for Akron, Alabama 35441
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Akron, Alabama 35441.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Akron, Alabama 35441. For 30-year amortization refinancing, you can expect lifetime cash savings of $8,600 or $24 per month in Akron and other parts of Hale county.
Summary of Average Refinances in Akron, Alabama 35441
Become a certified mortgage expert on Pureloan.com
in Akron, Alabama 35441
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Akron, Alabama 35441
Pureloan has developed an interactive chart to monitor the five largest local lenders in Akron, AL 35441, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Akron, Alabama 35441 from 2024 - 2016
The following historical data provides insights into refinancing trends in Akron, Alabama and the surrounding Hale county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 88.24% | 69.66% | 59.73% | 57.58% | 59.85% | 65.56% | 65.17% | 62.18% | 63.56% |
avg refi rate | 6.40% | 3.97% | 2.98% | 3.31% | 4.30% | 4.65% | 4.18% | 4.01% | 4.11% |
% 15 year fixed refinance | 8.82% | 17.42% | 25.55% | 27.04% | 25.55% | 25.56% | 29.21% | 24.37% | 26.27% |
avg refi rate | 5.54% | 3.17% | 2.44% | 2.78% | 3.78% | 3.84% | 3.42% | 3.16% | 3.37% |
Avg credit score | 732.74 | 740.43 | 745.28 | 753.51 | 751.45 | 738.66 | 740.34 | 741.42 | 743.11 |
Avg LTV (loan to value) | 68.79% | 66.94% | 69.19% | 73.56% | 72.71% | 74.30% | 71.49% | 72.91% | 74.35% |
Avg DTI (debt to income) | 32.88 | 32.49 | 31.52 | 31.25 | 32.36 | 31.97 | 32.81 | 33.03 | 32.21 |
Avg refinance insurance % | 5.26% | 3.04% | 3.28% | 5.28% | 5.85% | 5.84% | 5.52% | 5.50% | 6.73% |
Best Refinance Brokers around Akron, Alabama 35441
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Akron, Alabama 35441, we have compiled a list of top refinance brokers to assist you in the process.
Callison
Branch Manager
509 1st Ave W
Reform, AL 35441
(205) 375-6261
callison@wabt.com
Ginger Pennington
Loan Originator
1806 6th St Ste 200
Tuscaloosa, AL 35441
(205) 343-7881
gpennington@renasant.com
Brent Sute
Loan Originator
2200 Jack Warner Pkwy Ste 100
Tuscaloosa, AL 35441
(205) 343-0557
BrentSute@synovusmortgage.com
Chris Beeker
Loan Officer
1300 Mcfarland Blvd NE Ste 200
Tuscaloosa, AL 35441
(205) 391-6700
CBeeker@1stfed.com
Carrie Bregar
Loan Officer
1300 Mcfarland Blvd NE Ste 200
Tuscaloosa, AL 35441
(205) 391-6700
CBregar@1stfed.com
Address
509 1st Ave W
Reform, AL
Contact
(205) 375-6261
Fax (301) 639-0804
callison@wabt.com
Address
1806 6th St Ste 200
Tuscaloosa, AL
Contact
(205) 343-7881
Fax (301) 639-0804
gpennington@renasant.com
Address
2200 Jack Warner Pkwy Ste 100
Tuscaloosa, AL
Contact
(205) 343-0557
Fax (301) 639-0804
BrentSute@synovusmortgage.com