Compare Today’s Refinance Rates for Bakersfield, California 93307
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Bakersfield, California 93307.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $4,665 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Bakersfield and other areas of Kern 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 Bakersfield, California 93307
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Interactive Refinance Rate Projections for Bakersfield, California 93307
Pureloan has developed an interactive chart to monitor the five largest local lenders in Bakersfield, CA 93307, 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 Bakersfield, California 93307 from 2024 - 2016
The following historical data provides insights into refinancing trends in Bakersfield, California and the surrounding Kern 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 | 91.30% | 70.38% | 75.72% | 79.04% | 82.07% | 76.06% | 75.38% | 78.41% | 78.67% |
avg refi rate | 6.19% | 3.29% | 2.85% | 3.14% | 3.98% | 4.46% | 4.07% | 3.85% | 4.04% |
% 15 year fixed refinance | 4.35% | 17.89% | 13.81% | 12.02% | 10.73% | 13.38% | 16.55% | 14.35% | 12.31% |
avg refi rate | 5.63% | 2.53% | 2.33% | 2.66% | 3.39% | 3.82% | 3.28% | 3.13% | 3.28% |
Avg credit score | 735.91 | 749.38 | 763.36 | 769.12 | 756.34 | 744.68 | 753.27 | 757.37 | 756.71 |
Avg LTV (loan to value) | 52.61% | 53.45% | 59.17% | 62.42% | 67.77% | 65.34% | 65.04% | 64.48% | 66.78% |
Avg DTI (debt to income) | 36.13 | 36.86 | 35.06 | 34.88 | 36.89 | 38.15 | 36.76 | 35.69 | 36.33 |
Avg refinance insurance % | 2.35% | 0.57% | 1.28% | 1.70% | 3.15% | 2.18% | 1.74% | 1.60% | 1.94% |
Best Refinance Brokers around Bakersfield, California 93307
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Bakersfield, California 93307, we have compiled a list of top refinance brokers to assist you in the process.
Sylvia Waterfield
Loan Officer
211 New Stine Road, Ste. 115
Bakersfield, CA 93307
(661) 370-0600
sylvia.waterfield@spmc.com
Seth Thomas
Loan Officer
210 New Stine Road, Ste. 115
Bakersfield, CA 93307
(661) 370-0600
seth.thomas@spmc.com
Sandy Hanson
Loan Officer
209 New Stine Road, Ste. 115
Bakersfield, CA 93307
(661) 332-0829
sandra.evans@spmc.com
Robert Guill
Loan Officer
208 New Stine Road, Ste. 115
Bakersfield, CA 93307
(661) 370-0600
robert.guill@spmc.com
Mida White
Loan Officer
207 New Stine Road, Ste. 115
Bakersfield, CA 93307
(661) 370-0600
mida.white@spmc.com
Address
211 New Stine Road, Ste. 115
Bakersfield, CA
Contact
(661) 370-0600
Fax (301) 639-0804
sylvia.waterfield@spmc.com
Address
210 New Stine Road, Ste. 115
Bakersfield, CA
Contact
(661) 370-0600
Fax (301) 639-0804
seth.thomas@spmc.com
Address
209 New Stine Road, Ste. 115
Bakersfield, CA
Contact
(661) 332-0829
Fax (301) 639-0804
sandra.evans@spmc.com