Compare Today’s Refinance Rates for Covelo, California 95428
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Covelo, California 95428.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $4,848 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Covelo and other areas of Mendocino 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 Covelo, California 95428
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Interactive Refinance Rate Projections for Covelo, California 95428
Pureloan has developed an interactive chart to monitor the five largest local lenders in Covelo, CA 95428, 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 Covelo, California 95428 from 2024 - 2016
The following historical data provides insights into refinancing trends in Covelo, California and the surrounding Mendocino 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 | 77.27% | 67.41% | 73.98% | 75.29% | 80.85% | 70.40% | 67.08% | 72.34% | 77.67% |
| avg refi rate | 6.34% | 3.35% | 2.83% | 3.14% | 4.01% | 4.46% | 4.04% | 3.82% | 4.00% |
| % 15 year fixed refinance | 4.55% | 20.99% | 17.80% | 17.83% | 13.51% | 22.39% | 24.32% | 22.23% | 18.01% |
| avg refi rate | 5.25% | 2.53% | 2.32% | 2.66% | 3.42% | 3.70% | 3.29% | 3.03% | 3.20% |
| Avg credit score | 763.64 | 757.82 | 770.45 | 773.37 | 761.05 | 753.00 | 756.99 | 762.85 | 763.00 |
| Avg LTV (loan to value) | 38.55% | 43.72% | 50.34% | 52.10% | 55.29% | 48.29% | 49.72% | 51.56% | 57.21% |
| Avg DTI (debt to income) | 39.36 | 36.49 | 33.22 | 32.81 | 35.51 | 36.07 | 36.10 | 34.28 | 34.40 |
| Avg refinance insurance % | 0.55% | 0.22% | 0.58% | 0.85% | 1.81% | 0.71% | 0.64% | 0.53% | 0.71% |
Best Refinance Brokers around Covelo, California 95428
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Covelo, California 95428, we have compiled a list of top refinance brokers to assist you in the process.
Michael D.
Loan Officer
365 Cypress Street
Fort Bragg, CA 95428
(866) 706-2342
firsteq@mcn.org
Kat Kronebusch
Mortgage Banker
120 E Alder St
Newport, CA 95428
(714) 376-4565
Kat.Kronebusch@chase.com
Mel Fox
Loan Officer
1330 N Dutton Ave Ste 200
Santa Rosa, CA 95428
(707) 303-3701
mfox@prioritylenders.com
Gina Unciano
Mortgage
438 1st St Ste 150
Santa Rosa, CA 95428
(707) 575-3220
gina@sequoiapacificmortgage.com
DENNIS HARTER
Mortgage
438 1st St Ste 150
Santa Rosa, CA 95428
(707) 575-3220
dennis@sequoiapacificmortgage.com
Address
365 Cypress Street
Fort Bragg, CA
Contact
(866) 706-2342
Fax (301) 639-0804
firsteq@mcn.org
Address
120 E Alder St
Newport, CA
Contact
(714) 376-4565
Fax (301) 639-0804
Kat.Kronebusch@chase.com
Address
1330 N Dutton Ave Ste 200
Santa Rosa, CA
Contact
(707) 303-3701
Fax (301) 639-0804
mfox@prioritylenders.com