Compare Today’s Refinance Rates for Farmington, Iowa 52626
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Farmington, Iowa 52626.
With a 30-year amortization refinance in Farmington and surrounding areas of Van Buren county, our calculations show that you can expect to save up to $5,253 over the lifetime of your mortgage, or a monthly savings of $15. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Farmington, Iowa 52626.
Summary of Average Refinances in Farmington, Iowa 52626
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Interactive Refinance Rate Projections for Farmington, Iowa 52626
Pureloan has developed an interactive chart to monitor the five largest local lenders in Farmington, IA 52626, 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 Farmington, Iowa 52626 from 2024 - 2016
The following historical data provides insights into refinancing trends in Farmington, Iowa and the surrounding Van Buren 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 | 57.14% | 43.62% | 40.38% | 66.67% | 66.67% | 54.55% | 47.62% | 46.88% | |
avg refi rate | 3.60% | 2.97% | 3.19% | 4.34% | 4.20% | 3.98% | 4.03% | 4.25% | |
% 15 year fixed refinance | 25.00% | 34.04% | 32.69% | 20.83% | 11.11% | 27.27% | 19.05% | 40.63% | |
avg refi rate | 3.18% | 2.48% | 2.84% | 4.20% | 3.25% | 3.54% | 3.34% | 3.34% | |
Avg credit score | 732.79 | 845.62 | 747.50 | 747.21 | 730.89 | 753.36 | 733.62 | 732.34 | |
Avg LTV (loan to value) | 72.68% | 70.86% | 73.37% | 72.54% | 79.11% | 71.27% | 76.14% | 73.03% | |
Avg DTI (debt to income) | 30.68 | 32.47 | 33.21 | 31.83 | 33.22 | 34.64 | 32.57 | 33.84 | |
Avg refinance insurance % | 5.68% | 3.21% | 4.23% | 3.04% | 11.56% | 2.73% | 7.86% | 3.88% |
Best Refinance Brokers around Farmington, Iowa 52626
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Farmington, Iowa 52626, we have compiled a list of top refinance brokers to assist you in the process.
Kathy M Strawhacker
Loan Officer
PO Box 670
Mediapolis, IA 52626
(319) 394-9620
kstrawhacker@tworiversbank.com
April D. Girard
Loan Officer
PO Box 190
Keokuk, IA 52626
(319) 524-6921
agirard@fcb-keokuk.com
Jason Dixon
Loan Officer
501 Main St
Keokuk, IA 52626
(319) 524-2944
jason.dixon@ksbbank.com
Guy Brown
Mortgage Loan Originators
1066 S Gear Ave
West Burlington, IA 52626
(319) 753-9172
gbrown@tworiversbank.com
Mike Weber
Loan Officer
203 S Jefferson St
Mount Pleasant, IA 52626
(319) 385-1620
mweber@globalstatemortgage.com
Address
PO Box 670
Mediapolis, IA
Contact
(319) 394-9620
Fax (301) 639-0804
kstrawhacker@tworiversbank.com
Address
PO Box 190
Keokuk, IA
Contact
(319) 524-6921
Fax (301) 639-0804
agirard@fcb-keokuk.com
Address
501 Main St
Keokuk, IA
Contact
(319) 524-2944
Fax (301) 639-0804
jason.dixon@ksbbank.com