Compare Today’s Refinance Rates for Madison, Alabama

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Madison, Alabama 35758. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $6,415 or $18 / month in Madison and other areas of Madison county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Madison, Alabama 35758.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Madison, Alabama 35758

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Madison, AL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Madison, AL 35758, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Madison, AL

Refinance Rates for Madison, Alabama 35758 from 2013 - 2020

Below are historical data on refinancing in Madison, Alabama and around Madison county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 56.28% 51.58% 42.72% 54.92% 59.49% 59.26% 53.29% 62.00%
avg refi rate 4.78% 4.47% 3.78% 3.73% 4.45% 4.09% 3.87% 3.98%
% 15 year fixed refinance 29.44% 37.89% 45.07% 34.09% 31.65% 26.67% 37.50% 26.00%
avg refi rate 4.20% 3.71% 3.23% 2.94% 3.49% 3.19% 3.07% 3.32%
Avg credit score 763.08 761.78 766.51 758.02 750.81 758.30 760.34 744.68
Avg LTV (loan to value) 65.16% 66.05% 68.24% 69.77% 72.24% 74.77% 73.84% 70.28%
Avg DTI (debt to income) 28.25 28.83 26.86 27.05 28.78 29.62 27.33 32.16
Avg refinance insurance % 1.76% 1.92% 3.38% 5.01% 5.68% 6.69% 6.51% 4.64%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Madison, Alabama 35758

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Madison, Alabama 35758, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Christian Caracciolo

Loan Officer

7600 Highway 72 Suite 203

Madison, AL 35758

(256) 325-8944

ccaracciolo@lendtheway.com

Keri Butler

Loan Officer

7600 Highway 72 Suite 203

Madison, AL 35758

(256) 325-8944

kbutler@lendtheway.com

Deedee Mcgee

Mortgage Lenders

351 Hughes Road

Madison, AL 35758

(256) 772-4944

deedee.mcgee@regions.com

Jennifer Arrington

Loan Officer Assistant

7600 Hwy 72 Ste 203

Madison, AL 35758

(256) 325-8944

jarrington@lendtheway.com

Veronica Oden

Certified Loan Originator

3825 Sullivan St Ste 5

Madison, AL 35758

(256) 426-5916

voden@callplatinumfirst.com

Address

7600 Highway 72 Suite 203

Madison, AL

Contact

(256) 325-8944

Fax (301) 639-0804

ccaracciolo@lendtheway.com

Address

7600 Highway 72 Suite 203

Madison, AL

Contact

(256) 325-8944

Fax (301) 639-0804

kbutler@lendtheway.com

Address

351 Hughes Road

Madison, AL

Contact

(256) 772-4944

Fax (301) 639-0804

deedee.mcgee@regions.com

Refinancing News for Madison, Alabama 35758