Compare Today’s Refinance Rates for Opelika, Alabama

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Opelika, Alabama 36802. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Opelika and surrounding areas of Lee county, your expected lifetime cash savings are $13,727 or $38 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Opelika, Alabama 36802.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Opelika, Alabama 36802

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Opelika, AL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Opelika, AL 36802, 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 Opelika, AL

Refinance Rates for Opelika, Alabama 36802 from 2013 - 2020

Below are historical data on refinancing in Opelika, Alabama and around Lee 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 62.65% 59.69% 50.59% 53.91% 59.02% 66.18% 61.49% 61.11%
avg refi rate 4.84% 4.58% 3.91% 3.75% 4.44% 4.09% 3.95% 4.05%
% 15 year fixed refinance 26.85% 23.47% 31.76% 34.38% 33.61% 22.71% 25.47% 31.94%
avg refi rate 4.21% 3.90% 3.17% 3.00% 3.62% 3.39% 3.23% 3.18%
Avg credit score 758.89 753.77 758.48 758.46 752.42 749.99 751.98 749.29
Avg LTV (loan to value) 68.88% 69.63% 71.58% 70.54% 73.89% 75.18% 76.77% 72.06%
Avg DTI (debt to income) 30.71 31.83 29.53 28.98 31.01 30.52 32.52 30.57
Avg refinance insurance % 2.04% 2.19% 4.29% 4.26% 6.43% 7.13% 7.57% 5.39%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Opelika, Alabama 36802

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Opelika, Alabama 36802, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Lillie King

Loan Officer

600 2nd Ave

Opelika, AL 36802

(334) 363-3071

LKing@bbandt.com

Gerald Clark

Home Mortgage Consultant

2607 E Glenn Ave

Auburn, AL 36802

(334) 502-0245

gerald.clark@wellsfargo.com

Houston Russell

Home Mortgage Consultant

2607 E Glenn Ave

Auburn, AL 36802

(334) 502-0245

houston.russell@wellsfargo.com

John Reese

Home Mortgage Consultant

2607 E Glenn Ave

Auburn, AL 36802

(334) 502-0245

john.reese@wellsfargo.com

Daniel Dunlop

Home Mortgage Consultant

2607 E Glenn Ave

Auburn, AL 36802

(334) 502-0245

daniel.dunlop@wellsfargo.com

Address

600 2nd Ave

Opelika, AL

Contact

(334) 363-3071

Fax (301) 639-0804

LKing@bbandt.com

Address

2607 E Glenn Ave

Auburn, AL

Contact

(334) 502-0245

Fax (301) 639-0804

gerald.clark@wellsfargo.com

Address

2607 E Glenn Ave

Auburn, AL

Contact

(334) 502-0245

Fax (301) 639-0804

houston.russell@wellsfargo.com

Refinancing News for Opelika, Alabama 36802