Compare Today’s Refinance Rates for Fairfax, Iowa 52228
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Fairfax, Iowa 52228.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Fairfax, Iowa 52228. For 30-year amortization refinancing, you can expect lifetime cash savings of $7,003 or $19 per month in Fairfax and other parts of Linn county.
Summary of Average Refinances in Fairfax, Iowa 52228
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Interactive Refinance Rate Projections for Fairfax, Iowa 52228
Pureloan has developed an interactive chart to monitor the five largest local lenders in Fairfax, IA 52228, 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 Fairfax, Iowa 52228 from 2024 - 2016
The following historical data provides insights into refinancing trends in Fairfax, Iowa and the surrounding Linn 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 | 75.00% | 58.74% | 50.50% | 54.88% | 57.25% | 61.25% | 43.93% | 51.10% | 51.72% |
avg refi rate | 6.17% | 3.61% | 2.84% | 3.09% | 3.90% | 4.29% | 3.87% | 3.74% | 3.75% |
% 15 year fixed refinance | 25.00% | 33.57% | 35.34% | 34.99% | 29.71% | 32.50% | 44.86% | 40.11% | 26.44% |
avg refi rate | 5.00% | 2.72% | 2.33% | 2.62% | 3.43% | 3.54% | 3.16% | 2.84% | 2.97% |
Avg credit score | 748.38 | 747.97 | 761.77 | 767.98 | 756.26 | 752.93 | 757.66 | 760.02 | 764.15 |
Avg LTV (loan to value) | 67.75% | 64.62% | 68.88% | 70.08% | 70.30% | 71.00% | 68.59% | 72.86% | 69.22% |
Avg DTI (debt to income) | 30.75 | 32.09 | 29.88 | 28.99 | 31.28 | 32.18 | 29.64 | 30.45 | 28.64 |
Avg refinance insurance % | 6.88% | 2.78% | 2.98% | 4.24% | 4.03% | 3.84% | 3.37% | 4.36% | 1.48% |
Best Refinance Brokers around Fairfax, Iowa 52228
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Fairfax, Iowa 52228, we have compiled a list of top refinance brokers to assist you in the process.
Cody Ritter
Loan Officer
175 Center Point Rd
Hiawatha, IA 52228
(319) 294-0543
codyritter@fsbmail.net
Rod Gerhardt
Loan Officer
405 S Blairsferry Crossing
Hiawatha, IA 52228
(319) 730-3244
rodgerhardt@uiccu.org
Brad Maras
Loan Officer
405 S Blairsferry Crossing
Hiawatha, IA 52228
(319) 730-3245
bradmaras@uiccu.org
Nathan Seyfer
Loan Officer
405 S Blairsferry Crossing
Hiawatha, IA 52228
(319) 730-3227
nathanseyfer@uiccu.org
Pete Johnson
Loan Officer
2525 Muscatine Ave
Iowa City, IA 52228
(319) 341-2213
petejohnson@uiccu.org
Address
175 Center Point Rd
Hiawatha, IA
Contact
(319) 294-0543
Fax (301) 639-0804
codyritter@fsbmail.net
Address
405 S Blairsferry Crossing
Hiawatha, IA
Contact
(319) 730-3244
Fax (301) 639-0804
rodgerhardt@uiccu.org
Address
405 S Blairsferry Crossing
Hiawatha, IA
Contact
(319) 730-3245
Fax (301) 639-0804
bradmaras@uiccu.org