Compare Today’s Refinance Rates for Ranburne, Alabama 36273
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Ranburne, Alabama 36273.
With a 30-year amortization refinance in Ranburne and surrounding areas of Cleburne county, our calculations show that you can expect to save up to $6,165 over the lifetime of your mortgage, or a monthly savings of $17. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Ranburne, Alabama 36273.
Summary of Average Refinances in Ranburne, Alabama 36273
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Interactive Refinance Rate Projections for Ranburne, Alabama 36273
Pureloan has developed an interactive chart to monitor the five largest local lenders in Ranburne, AL 36273, 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 Ranburne, Alabama 36273 from 2024 - 2016
The following historical data provides insights into refinancing trends in Ranburne, Alabama and the surrounding Cleburne 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 Ranburne, Alabama 36273
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Ranburne, Alabama 36273, we have compiled a list of top refinance brokers to assist you in the process.
Mitch Key
CEO/President
111 W Broad St,
Wedowee, AL 36273
(256) 357-2132
mitchk@bankofwedowee.com
Tommy Holmes
Executive Vice President
111 W Broad St,
Wedowee, AL 36273
(256) 357-2132
tommyh@bankofwedowee.com
Tim May
Loan Officer
111 W Broad St,
Wedowee, AL 36273
(334) 863-7917
timm@bankofwedowee.com
David Sears
Loan Officer
111 W Broad St,
Wedowee, AL 36273
(256) 449-6343
davids@bankofwedowee.com
Susan Yarbrough
Loan Officer
111 W Broad St,
Wedowee, AL 36273
(256) 449-6343
susany@bankofwedowee.com
Address
111 W Broad St,
Wedowee, AL
Contact
(256) 357-2132
Fax (301) 639-0804
mitchk@bankofwedowee.com
Address
111 W Broad St,
Wedowee, AL
Contact
(256) 357-2132
Fax (301) 639-0804
tommyh@bankofwedowee.com
Address
111 W Broad St,
Wedowee, AL
Contact
(334) 863-7917
Fax (301) 639-0804
timm@bankofwedowee.com