Compare Today’s Refinance Rates for Owens Cross Roads, Alabama 35763
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Owens Cross Roads, Alabama 35763.
With a 30-year amortization refinance in Owens Cross Roads and surrounding areas of Madison county, our calculations show that you can expect to save up to $13,403 over the lifetime of your mortgage, or a monthly savings of $37. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Owens Cross Roads, Alabama 35763.
Summary of Average Refinances in Owens Cross Roads, Alabama 35763
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Interactive Refinance Rate Projections for Owens Cross Roads, Alabama 35763
Pureloan has developed an interactive chart to monitor the five largest local lenders in Owens Cross Roads, AL 35763, 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 Owens Cross Roads, Alabama 35763 from 2024 - 2016
The following historical data provides insights into refinancing trends in Owens Cross Roads, Alabama and the surrounding Madison 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 | 92.31% | 61.42% | 59.23% | 56.17% | 64.32% | 72.44% | 54.49% | 53.99% | 54.27% |
avg refi rate | 6.30% | 3.76% | 2.93% | 3.24% | 4.23% | 4.55% | 4.08% | 3.89% | 4.13% |
% 15 year fixed refinance | 7.69% | 23.60% | 26.11% | 27.84% | 23.00% | 20.47% | 37.64% | 31.46% | 31.66% |
avg refi rate | 5.42% | 2.71% | 2.43% | 2.75% | 3.48% | 3.92% | 3.30% | 3.03% | 3.19% |
Avg credit score | 756.77 | 741.90 | 761.68 | 758.19 | 753.05 | 739.67 | 750.64 | 755.18 | 755.33 |
Avg LTV (loan to value) | 68.15% | 62.16% | 67.68% | 72.22% | 75.22% | 75.69% | 73.17% | 73.94% | 75.84% |
Avg DTI (debt to income) | 33.31 | 30.25 | 28.58 | 28.88 | 30.75 | 33.22 | 30.26 | 29.65 | 29.78 |
Avg refinance insurance % | 5.28% | 1.04% | 2.27% | 4.07% | 7.40% | 6.85% | 5.11% | 7.03% | 6.98% |
Best Refinance Brokers around Owens Cross Roads, Alabama 35763
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Owens Cross Roads, Alabama 35763, we have compiled a list of top refinance brokers to assist you in the process.
Kristin Ardal
Loan Officer
305 Church St SW
Huntsville, AL 35763
(256) 551-4787
KArdal@bbandt.com
Markus Spicer
Sales Manager
507 Drake Ave SW Ste B
Huntsville, AL 35763
(256) 582-2236
mspicer@firstbankonline.com
Thomas Moore
Mortgage Loan Officer
507 Drake Ave SW Ste B
Huntsville, AL 35763
(25) 653-9155
tmoore@firstbankonline.com
Leedy Aboudonia
Mortgage Banker
908 Merchants Walk SW
Huntsville, AL 35763
(256) 970-1617
llaughlin@firstbankonline.com
Misty Anderson
Mortgage Banking Center Manager
908 Merchants Walk SW
Huntsville, AL 35763
(256) 990-1956
manderson@firstbankonline.com
Address
305 Church St SW
Huntsville, AL
Contact
(256) 551-4787
Fax (301) 639-0804
KArdal@bbandt.com
Address
507 Drake Ave SW Ste B
Huntsville, AL
Contact
(256) 582-2236
Fax (301) 639-0804
mspicer@firstbankonline.com
Address
507 Drake Ave SW Ste B
Huntsville, AL
Contact
(25) 653-9155
Fax (301) 639-0804
tmoore@firstbankonline.com