Compare Today’s Refinance Rates for Palm Bay, Florida

Pureloan analyzes all refinance lenders to give you the best real-time home refi rates for Palm Bay, Florida 32911. Search for lower interest rates, cash-out refi or a home equity loan. For 30-year amortization refinancing in Palm Bay and surrounding areas of Brevard county, expected lifetime cash savings are $18,611 or $52 / month.

Our search engine analyzes all possible options including HELOC, positive equity refinancing, and short home refinancing for Palm Bay, Florida 32911.

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Summary of Average Refinance Terms in Palm Bay, Florida 32911

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Refinance Rates for Palm Bay, Florida 32911 from 2012 - 2019

Below are historical data on refinancing in Palm Bay, Florida and around Brevard county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2012 2013 2014 2015 2016 2017 2018 2019
% 30 year fixed refinance 58.01% 41.84% 50.37% 52.42% 49.31% 52.56% 54.24% 55.02%
avg refi rate 4.91% 4.55% 3.92% 3.80% 4.56% 4.18% 3.96% 4.11%
% 15 year fixed refinance 33.50% 41.13% 35.91% 40.97% 39.17% 36.97% 31.95% 32.71%
avg refi rate 4.25% 3.84% 3.29% 3.10% 3.55% 3.40% 3.19% 3.30%
% 10 year fixed refinance 2.43% 7.45% 4.24% 1.98% 5.07% 1.50% 2.33% 0.37%
avg refi rate 4.16% 3.76% 3.20% 3.15% 3.38% 3.55% 3.18% 3.25%
Avg credit score 766.03 766.40 771.70 767.72 753.08 757.98 752.95 756.06
Avg LTV (loan to value) 64.37% 63.96% 66.76% 67.46% 72.84% 72.79% 71.75% 71.43%
Avg Combined LTV (loan to value) 66.78% 65.93% 67.92% 68.69% 73.64% 73.59% 72.40% 72.12%
Avg DTI (debt to income) 30.62 30.96 29.96 29.78 32.54 31.94 32.51 32.43
Avg refinance insurance % 0.40% 0.32% 1.27% 2.55% 4.68% 4.83% 4.07% 3.74%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Palm Bay, Florida 32911

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Palm Bay, Florida 32911, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Teresa Erhart

Mortgage Banker

2425 N. Courtenay Pkwy

Merritt Island, FL 32911

(321) 576-5594

teresaerhart@atlanticbay.com

Nestor Parada

Jr. Mortgage Banker

25 North Courtenay Parkway

Merritt Island, FL 32911

(321) 258-0390

nestorparada@atlanticbay.com

Glen Shockley

Sales Manager And Mortgage Banker

100 Rialto Place

Melbourne, FL 32911

(321) 794-0395

glenshockley@atlanticbay.com

Robb Workman

Mortgage Banker

2425 North Courtenay Parkway

Merritt Island, FL 32911

(321) 759-1113

robbworkman@atlanticbay.com

Nikki Curry

Loan Officer

2001 9th Ave #109

Vero Beach, FL 32911

(772) 925-3145

NikkiCurry@eaglehm.com

Address

2425 N. Courtenay Pkwy

Merritt Island, FL

Contact

(321) 576-5594

Fax (301) 639-0804

teresaerhart@atlanticbay.com

Address

25 North Courtenay Parkway

Merritt Island, FL

Contact

(321) 258-0390

Fax (301) 639-0804

nestorparada@atlanticbay.com

Address

100 Rialto Place

Melbourne, FL

Contact

(321) 794-0395

Fax (301) 639-0804

glenshockley@atlanticbay.com

Refinancing News for Palm Bay, Florida 32911