Compare Today’s Refinance Rates for Carmel, California 93922

Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Carmel, California 93922.

With a 30-year amortization refinance in Carmel and surrounding areas of Monterey county, our calculations show that you can expect to save up to $17,523 over the lifetime of your mortgage, or a monthly savings of $49. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Carmel, California 93922.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

36.478709 -121.724356 38929

Summary of Average Refinances in Carmel, California 93922

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Carmel, California 93922

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Carmel, CA 93922, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in Carmel, California 93922

Carmel-by-the-Sea, often simply called Carmel, is a city in Monterey County, California, United States, founded in 1902 and incorporated on October 31, 1916. Situated on the Monterey Peninsula, Carmel is known for its natural scenery and rich artistic history. Read more

Carmel-by-the-Sea, often simply called Carmel, is a city in Monterey County, California, United States, founded in 1902 and incorporated on October 31, 1916. Situated on the Monterey Peninsula, Carmel is known for its natural scenery and rich artistic history. In 1906, the San Francisco Call devoted a full page to the "artists, writers and poets at Carmel-by-the-Sea", and in 1910 it reported that 60 percent of Carmel's houses were built by citizens who were "devoting their lives to work connected to the aesthetic arts." Early City Councils were dominated by artists, and several of the city's mayors have been poets or actors, including Herbert Heron, founder of the Forest Theater, bohemian writer and actor Perry Newberry, and actor-director Clint Eastwood, who served as mayor from 1986 to 1988.

Carmel-by-the-Sea is located on the Pacific coast, about 300 miles north of Los Angeles and 100 miles south of San Francisco. Communities near Carmel-by-the-Sea include Carmel Valley and Carmel Highlands. The larger town of Monterey borders Carmel to the north.

As of the 2020 census, the town had a total population of 3,220, down from 3,722 at the 2010 census. Read less

Historical Refinance Rates in Carmel, California 93922 from 2024 - 2016

The following historical data provides insights into refinancing trends in Carmel, California and the surrounding Monterey 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%

Source: Financial Report of the US Government

Best Refinance Brokers around Carmel, California 93922

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Carmel, California 93922, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Dan Pherigo

Senior Loan Officer

126 Clock Tower Place, Suite 209

Carmel, CA 93922

(83) 578-6588

dpherigo@bayeq.com

Dan Divine

Loan Officer

126 Clock Tower Place, Suite 210

Carmel, CA 93922

(209) 833-3338

ddivine@divcap.net

Catherine Hodges

Mortgage Banker

San Carlos @ 6th St

Carmel, CA 93922

(8) 352-4671

catherine.a.hodges@chase.com

Sarah Russo

Loan Advisor

3 SW Corner of 5th and San Carlos

Carmel, CA 93922

(925) 295-9300

srusso@rpm-mtg.com

Alex Johnston

Loan Advisor

3 SW Corner of 5th and San Carlos

Carmel, CA 93922

(925) 295-9300

ajohnston@rpm-mtg.com

Address

126 Clock Tower Place, Suite 209

Carmel, CA

Contact

(83) 578-6588

Fax (301) 639-0804

dpherigo@bayeq.com

Address

126 Clock Tower Place, Suite 210

Carmel, CA

Contact

(209) 833-3338

Fax (301) 639-0804

ddivine@divcap.net

Address

San Carlos @ 6th St

Carmel, CA

Contact

(8) 352-4671

Fax (301) 639-0804

catherine.a.hodges@chase.com

Refinancing News for Carmel, California 93922