Compare Today’s Refinance Rates for New Memphis, Illinois 62266
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in New Memphis, Illinois 62266.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in New Memphis, Illinois 62266. For 30-year amortization refinancing, you can expect lifetime cash savings of $5,473 or $15 per month in New Memphis and other parts of Clinton county.
Summary of Average Refinances in New Memphis, Illinois 62266
Become a certified mortgage expert on Pureloan.com
in New Memphis, Illinois 62266
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for New Memphis, Illinois 62266
Pureloan has developed an interactive chart to monitor the five largest local lenders in New Memphis, IL 62266, 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 New Memphis, Illinois 62266 from 2024 - 2016
The following historical data provides insights into refinancing trends in New Memphis, Illinois and the surrounding Clinton 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 | 42.21% | 43.72% | 37.93% | 49.84% | 40.10% | 40.34% | 38.55% | 54.27% | |
| avg refi rate | 3.95% | 3.92% | 4.11% | 4.51% | 3.74% | 3.96% | 4.53% | 4.83% | |
| % 15 year fixed refinance | 37.19% | 30.42% | 33.70% | 30.10% | 35.17% | 34.69% | 40.15% | 33.94% | |
| avg refi rate | 3.20% | 3.12% | 3.21% | 3.54% | 2.98% | 3.24% | 3.78% | 4.21% | |
| Avg credit score | 759.66 | 761.43 | 758.70 | 754.77 | 766.58 | 769.75 | 766.48 | 768.91 | |
| Avg LTV (loan to value) | 74.79% | 74.63% | 74.45% | 75.36% | 70.82% | 69.70% | 67.56% | 68.97% | |
| Avg DTI (debt to income) | 31.52 | 31.20 | 31.34 | 31.75 | 30.35 | 29.70 | 30.58 | 29.93 | |
| Avg refinance insurance % | 5.49% | 5.82% | 5.34% | 5.41% | 3.79% | 2.79% | 2.12% | 2.04% |
Best Refinance Brokers around New Memphis, Illinois 62266
If you are considering refinancing your mortgage or obtaining a cash-out refinance in New Memphis, Illinois 62266, we have compiled a list of top refinance brokers to assist you in the process.
Nathan Frese
Mortgage Loan Officer
1132 Broadway St # 305
Quincy, IL 62266
(217) 223-7100
nfrese@bankofquincy.com
Mike Smith
Mortgage Loan Officer
1132 Broadway St # 305
Quincy, IL 62266
(217) 223-7100
msmith@bankofquincy.com
Michelle MIller
Mortgage Loan Officer
1132 Broadway St # 305
Quincy, IL 62266
(217) 223-7100
mmiller@bankofquincy.com
Troy Kemp
Commercial Loan Officer
1132 Broadway St # 305
Quincy, IL 62266
(217) 223-7100
tkemp@bankofquincy.com
Marcia Hardin
Commercial Loan Officer
1132 Broadway St # 305
Quincy, IL 62266
(217) 223-7100
mhardin@bankofquincy.com
Address
1132 Broadway St # 305
Quincy, IL
Contact
(217) 223-7100
Fax (301) 639-0804
nfrese@bankofquincy.com
Address
1132 Broadway St # 305
Quincy, IL
Contact
(217) 223-7100
Fax (301) 639-0804
msmith@bankofquincy.com
Address
1132 Broadway St # 305
Quincy, IL
Contact
(217) 223-7100
Fax (301) 639-0804
mmiller@bankofquincy.com