Compare Today’s Refinance Rates for Lake Village, Arkansas 71653
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Lake Village, Arkansas 71653.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,649 over the lifetime of your mortgage, which translates to a monthly savings of $10 in Lake Village and other areas of Chicot 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 Lake Village, Arkansas 71653
Become a certified mortgage expert on Pureloan.com
in Lake Village, Arkansas 71653
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Lake Village, Arkansas 71653
Pureloan has developed an interactive chart to monitor the five largest local lenders in Lake Village, AR 71653, 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 Lake Village, Arkansas 71653 from 2024 - 2016
The following historical data provides insights into refinancing trends in Lake Village, Arkansas and the surrounding Chicot 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 Lake Village, Arkansas 71653
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Lake Village, Arkansas 71653, 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 71653
(870) 222-3151
Bill.Bowman@mcgeheebank.com
James Smith
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71653
(870) 222-3151
James.Smith@mcgeheebank.com
John Potter
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71653
(870) 222-3151
John.Potter@mcgeheebank.com
Clarissa Herren
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71653
(870) 222-3151
Clarissa.Herren@mcgeheebank.com
Stephen Wilson
Loan Officer
301 North Second Street, Mcgehee,
Mc Gehee, KS 71653
(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