Compare Today’s Refinance Rates for Pike Road, Alabama 36064
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Pike Road, Alabama 36064.
With a 30-year amortization refinance in Pike Road and surrounding areas of Montgomery county, our calculations show that you can expect to save up to $7,662 over the lifetime of your mortgage, or a monthly savings of $21. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Pike Road, Alabama 36064.
Summary of Average Refinances in Pike Road, Alabama 36064
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Interactive Refinance Rate Projections for Pike Road, Alabama 36064
Pureloan has developed an interactive chart to monitor the five largest local lenders in Pike Road, AL 36064, 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 Pike Road, Alabama 36064 from 2024 - 2016
The following historical data provides insights into refinancing trends in Pike Road, Alabama and the surrounding Montgomery 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 Pike Road, Alabama 36064
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Pike Road, Alabama 36064, we have compiled a list of top refinance brokers to assist you in the process.
Dale Strickland
Mortgage Banker
702C Commerce Ct
Prattville, AL 36064
(334) 365-5259
dstickland@hamiltonmortgage.net
Caleb Strickland
Mortgage Banker
702C Commerce Ct
Prattville, AL 36064
(334) 365-5259
cstrickland@hamiltonmortgage.net
Stephanie Gallenstein
Loan Officer
1916 Cobbs Ford Road
Prattville, AL 36064
(334) 395-3504
SGallenstein@trustmark.com
Robert Drinkard
Mortgage Loan Officer
1798 Highway 14 E
Prattville, AL 36064
(334) 290-0745
rdrinkard@bbandt.com
Kimberly Lumpkin
Loan Originator
4121 Carmichael Rd Ste 103
Montgomery, AL 36064
(334) 244-4421
kimberlylumpkin@synovusmortgage.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
1916 Cobbs Ford Road
Prattville, AL
Contact
(334) 395-3504
Fax (301) 639-0804
SGallenstein@trustmark.com