Compare Today’s Refinance Rates for Mount Pleasant, Arkansas 72561
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Mount Pleasant, Arkansas 72561.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,320 over the lifetime of your mortgage, which translates to a monthly savings of $9 in Mount Pleasant and other areas of Izard 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 Mount Pleasant, Arkansas 72561
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Interactive Refinance Rate Projections for Mount Pleasant, Arkansas 72561
Pureloan has developed an interactive chart to monitor the five largest local lenders in Mount Pleasant, AR 72561, 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 Mount Pleasant, Arkansas 72561 from 2024 - 2016
The following historical data provides insights into refinancing trends in Mount Pleasant, Arkansas and the surrounding Izard 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 | 84.62% | 62.20% | 58.60% | 56.76% | 66.83% | 71.18% | 62.33% | 63.55% | 63.17% |
| avg refi rate | 6.23% | 3.80% | 2.94% | 3.25% | 4.20% | 4.49% | 4.06% | 3.88% | 3.98% |
| % 15 year fixed refinance | 13.46% | 21.04% | 25.92% | 28.13% | 19.60% | 18.80% | 28.87% | 27.42% | 26.93% |
| avg refi rate | 5.54% | 2.92% | 2.43% | 2.78% | 3.56% | 3.91% | 3.34% | 3.09% | 3.24% |
| Avg credit score | 932.71 | 746.09 | 754.03 | 758.96 | 752.39 | 745.52 | 748.95 | 750.67 | 756.20 |
| Avg LTV (loan to value) | 56.96% | 59.17% | 67.17% | 71.42% | 71.33% | 70.39% | 71.29% | 73.20% | 71.74% |
| Avg DTI (debt to income) | 34.83 | 30.74 | 30.03 | 29.21 | 30.87 | 31.67 | 32.24 | 29.86 | 29.08 |
| Avg refinance insurance % | 1.63% | 0.84% | 2.41% | 4.60% | 4.81% | 3.63% | 3.48% | 4.98% | 4.69% |
Best Refinance Brokers around Mount Pleasant, Arkansas 72561
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Mount Pleasant, Arkansas 72561, we have compiled a list of top refinance brokers to assist you in the process.
Kyle Davidson
Loan Officer
668 Highway 62 E
Mountain Home, AR 72561
(870) 508-5657
kdavidson@ffbh.com
Brad Matlock
Vice President & Branch Manager
129 W Industrial Park Rd
Harrison, AR 72561
(870) 741-2020
brad.matlock@farmcredit.com
Dan Benton
Assistant Vice President
129 W Industrial Park Rd
Harrison, AR 72561
(870) 741-2020
dan.benton@farmcredit.com
Carol Buck
Financial Services Specialist
129 W Industrial Park Rd
Harrison, AR 72561
(870) 741-2020
carol.buck@farmcredit.com
Kevin Couch
Loan Officer
1401 Hwy 62/65 N
Harrison, AR 72561
(870) 391-3498
kcouch@ffbh.com
Address
668 Highway 62 E
Mountain Home, AR
Contact
(870) 508-5657
Fax (301) 639-0804
kdavidson@ffbh.com
Address
129 W Industrial Park Rd
Harrison, AR
Contact
(870) 741-2020
Fax (301) 639-0804
brad.matlock@farmcredit.com
Address
129 W Industrial Park Rd
Harrison, AR
Contact
(870) 741-2020
Fax (301) 639-0804
dan.benton@farmcredit.com