Compare Today’s Refinance Rates for Hermitage, Arkansas 71647
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Hermitage, Arkansas 71647.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $2,599 over the lifetime of your mortgage, which translates to a monthly savings of $7 in Hermitage and other areas of Bradley county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Hermitage, Arkansas 71647
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Interactive Refinance Rate Projections for Hermitage, Arkansas 71647
Pureloan has developed an interactive chart to monitor the five largest local lenders in Hermitage, AR 71647, 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 Hermitage, Arkansas 71647 from 2024 - 2016
The following historical data provides insights into refinancing trends in Hermitage, Arkansas and the surrounding Bradley 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 | 50.00% | 55.95% | 46.51% | 43.50% | 71.93% | 72.55% | 62.79% | 58.00% | 52.63% |
avg refi rate | 6.29% | 3.95% | 2.96% | 3.26% | 4.29% | 4.50% | 3.98% | 3.90% | 3.84% |
% 15 year fixed refinance | 16.67% | 26.19% | 41.40% | 33.33% | 17.54% | 21.57% | 25.58% | 24.00% | 33.33% |
avg refi rate | 6.00% | 3.08% | 2.47% | 2.76% | 3.55% | 4.07% | 3.56% | 3.09% | 3.15% |
Avg credit score | 728.83 | 737.93 | 743.22 | 745.59 | 739.56 | 736.18 | 734.28 | 735.16 | 745.60 |
Avg LTV (loan to value) | 77.50% | 69.67% | 70.91% | 73.42% | 76.86% | 73.14% | 72.14% | 74.50% | 74.68% |
Avg DTI (debt to income) | 35.67 | 32.67 | 31.10 | 31.07 | 33.81 | 31.71 | 31.60 | 31.94 | 30.72 |
Avg refinance insurance % | 11.17% | 5.24% | 4.82% | 5.28% | 8.16% | 5.63% | 6.09% | 5.98% | 4.40% |
Best Refinance Brokers around Hermitage, Arkansas 71647
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Hermitage, Arkansas 71647, we have compiled a list of top refinance brokers to assist you in the process.
Bill Bowman
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71647
(870) 222-3151
Bill.Bowman@mcgeheebank.com
James Smith
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71647
(870) 222-3151
James.Smith@mcgeheebank.com
John Potter
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71647
(870) 222-3151
John.Potter@mcgeheebank.com
Clarissa Herren
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71647
(870) 222-3151
Clarissa.Herren@mcgeheebank.com
Stephen Wilson
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71647
(870) 222-3151
Stephen.Wilson@mcgeheebank.com
Address
301 North Second Street, Mcgehee,
Mc Gehee, KS
Contact
(870) 222-3151
Fax (301) 639-0804
Bill.Bowman@mcgeheebank.com
Address
301 North Second Street, Mcgehee,
Mc Gehee, KS
Contact
(870) 222-3151
Fax (301) 639-0804
James.Smith@mcgeheebank.com
Address
301 North Second Street, Mcgehee,
Mc Gehee, KS
Contact
(870) 222-3151
Fax (301) 639-0804
John.Potter@mcgeheebank.com