Compare Today’s Refinance Rates for Highland Home, Alabama 36041
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Highland Home, Alabama 36041.
With a 30-year amortization refinance in Highland Home and surrounding areas of Crenshaw county, our calculations show that you can expect to save up to $7,349 over the lifetime of your mortgage, or a monthly savings of $20. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Highland Home, Alabama 36041.
Summary of Average Refinances in Highland Home, Alabama 36041
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Interactive Refinance Rate Projections for Highland Home, Alabama 36041
Pureloan has developed an interactive chart to monitor the five largest local lenders in Highland Home, AL 36041, 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 Highland Home, Alabama 36041 from 2024 - 2016
The following historical data provides insights into refinancing trends in Highland Home, Alabama and the surrounding Crenshaw 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 | 88.46% | 64.00% | 56.88% | 56.29% | 68.15% | 63.89% | 63.50% | 60.76% | 65.05% |
avg refi rate | 6.30% | 3.89% | 2.98% | 3.26% | 4.27% | 4.60% | 4.14% | 3.95% | 4.09% |
% 15 year fixed refinance | 11.54% | 17.78% | 26.81% | 28.62% | 22.93% | 25.00% | 24.09% | 25.95% | 22.58% |
avg refi rate | 5.92% | 2.65% | 2.46% | 2.78% | 3.83% | 3.91% | 3.31% | 3.23% | 3.41% |
Avg credit score | 751.35 | 744.60 | 750.40 | 756.83 | 748.64 | 733.43 | 743.16 | 752.23 | 748.60 |
Avg LTV (loan to value) | 76.15% | 70.30% | 72.65% | 75.03% | 76.64% | 74.69% | 74.21% | 76.77% | 75.49% |
Avg DTI (debt to income) | 33.77 | 33.00 | 30.92 | 31.19 | 32.73 | 32.86 | 31.63 | 32.32 | 30.75 |
Avg refinance insurance % | 10.12% | 5.09% | 4.62% | 5.83% | 8.77% | 7.06% | 6.70% | 7.52% | 7.48% |
Best Refinance Brokers around Highland Home, Alabama 36041
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Highland Home, Alabama 36041, we have compiled a list of top refinance brokers to assist you in the process.
Dale Strickland
Mortgage Banker
702C Commerce Ct
Prattville, AL 36041
(334) 365-5259
dstickland@hamiltonmortgage.net
Caleb Strickland
Mortgage Banker
702C Commerce Ct
Prattville, AL 36041
(334) 365-5259
cstrickland@hamiltonmortgage.net
Ramona Carter
Mortgage Officer
3090 Highway 14 Ste D
Millbrook, AL 36041
(334) 285-8850
rcarter@fcbcamortgage.com
Lennie Ellis
Loan Officer
4336 Us. Hwy. 231
Wetumpka, AL 36041
(334) 567-5656
LEllis@bbandt.com
Kristina Lawhorn
Loan Lender
242 Peace Church Rd
Wetumpka, AL 36041
(334) 567-4223
kristina.lawhorn@htlenders.com
Address
702C Commerce Ct
Prattville, AL
Contact
(334) 365-5259
Fax (301) 639-0804
dstickland@hamiltonmortgage.net
Address
702C Commerce Ct
Prattville, AL
Contact
(334) 365-5259
Fax (301) 639-0804
cstrickland@hamiltonmortgage.net
Address
3090 Highway 14 Ste D
Millbrook, AL
Contact
(334) 285-8850
Fax (301) 639-0804
rcarter@fcbcamortgage.com