Compare Today’s Refinance Rates for Millry, Alabama 36558
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Millry, Alabama 36558.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Millry, Alabama 36558. For 30-year amortization refinancing, you can expect lifetime cash savings of $9,016 or $25 per month in Millry and other parts of Washington county.
Summary of Average Refinances in Millry, Alabama 36558
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Interactive Refinance Rate Projections for Millry, Alabama 36558
Pureloan has developed an interactive chart to monitor the five largest local lenders in Millry, AL 36558, 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 Millry, Alabama 36558 from 2024 - 2016
The following historical data provides insights into refinancing trends in Millry, Alabama and the surrounding Washington 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 Millry, Alabama 36558
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Millry, Alabama 36558, we have compiled a list of top refinance brokers to assist you in the process.
Kelley Ouzts
Loan Officer
16-B Market St
Orange Beach, AL 36558
(251) 968-4868
KOuzts@1stfed.com
Lynn Ferrie
Mortgage Loan Orginator
25051 Canal Rd
Orange Beach, AL 36558
(251) 986-8924
lferrie@my100bank.com
Susan Smith
Mortgage Lenders
4100 Orange Beach Blvd.
Orange Beach, AL 36558
(251) 968-7537
susan.smith@regions.com
Jon Drake
Branch Manager
3494 Spring Hill Ave
Mobile, AL 36558
(251) 345-0590
dauphinst@acceptanceloan.com
Lisa Hartley
Loan Originator
3704 Dauphin St
Mobile, AL 36558
(251) 304-0234
lisahartley@synovusmortgage.com
Address
16-B Market St
Orange Beach, AL
Contact
(251) 968-4868
Fax (301) 639-0804
KOuzts@1stfed.com
Address
25051 Canal Rd
Orange Beach, AL
Contact
(251) 986-8924
Fax (301) 639-0804
lferrie@my100bank.com
Address
4100 Orange Beach Blvd.
Orange Beach, AL
Contact
(251) 968-7537
Fax (301) 639-0804
susan.smith@regions.com