Compare Today’s Refinance Rates for Scottsboro, Alabama 35768
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Scottsboro, Alabama 35768.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Scottsboro, Alabama 35768. For 30-year amortization refinancing, you can expect lifetime cash savings of $1,518 or $4 per month in Scottsboro and other parts of Jackson county.
Summary of Average Refinances in Scottsboro, Alabama 35768
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Interactive Refinance Rate Projections for Scottsboro, Alabama 35768
Pureloan has developed an interactive chart to monitor the five largest local lenders in Scottsboro, AL 35768, 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 Scottsboro, Alabama 35768 from 2024 - 2016
The following historical data provides insights into refinancing trends in Scottsboro, Alabama and the surrounding Jackson 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 Scottsboro, Alabama 35768
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Scottsboro, Alabama 35768, 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 35768
(256) 551-4787
KArdal@bbandt.com
Markus Spicer
Sales Manager
507 Drake Ave SW Ste B
Huntsville, AL 35768
(256) 582-2236
mspicer@firstbankonline.com
Thomas Moore
Mortgage Loan Officer
507 Drake Ave SW Ste B
Huntsville, AL 35768
(25) 653-9155
tmoore@firstbankonline.com
Leedy Aboudonia
Mortgage Banker
908 Merchants Walk SW
Huntsville, AL 35768
(256) 970-1617
llaughlin@firstbankonline.com
Misty Anderson
Mortgage Banking Center Manager
908 Merchants Walk SW
Huntsville, AL 35768
(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