Compare Today’s Refinance Rates for Bedford, Indiana 47421
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Bedford, Indiana 47421.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Bedford, Indiana 47421. For 30-year amortization refinancing, you can expect lifetime cash savings of $7,587 or $21 per month in Bedford and other parts of Lawrence county.
38.872881
-86.487072
20061
Summary of Average Refinances in Bedford, Indiana 47421
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Bedford, Indiana 47421
Pureloan has developed an interactive chart to monitor the five largest local lenders in Bedford, IN 47421, 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 Bedford, Indiana 47421 from 2024 - 2016
The following historical data provides insights into refinancing trends in Bedford, Indiana and the surrounding Lawrence 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 | 86.67% | 63.94% | 54.15% | 51.81% | 70.00% | 58.99% | 46.24% | 48.02% | 51.10% |
avg refi rate | 6.44% | 3.98% | 2.99% | 3.25% | 4.26% | 4.54% | 4.18% | 3.90% | 4.01% |
% 15 year fixed refinance | 6.67% | 21.63% | 26.83% | 31.69% | 16.40% | 28.06% | 37.63% | 37.44% | 35.71% |
avg refi rate | 5.88% | 3.00% | 2.48% | 2.79% | 3.71% | 3.95% | 3.26% | 3.12% | 3.18% |
Avg credit score | 719.40 | 742.30 | 755.12 | 762.93 | 749.72 | 744.00 | 744.93 | 747.92 | 749.45 |
Avg LTV (loan to value) | 58.40% | 60.63% | 63.08% | 66.77% | 69.44% | 69.42% | 69.05% | 70.55% | 70.45% |
Avg DTI (debt to income) | 37.20 | 32.10 | 29.22 | 28.33 | 30.52 | 30.37 | 30.33 | 30.78 | 30.68 |
Avg refinance insurance % | 2.00% | 0.82% | 1.56% | 3.12% | 3.47% | 2.73% | 2.94% | 3.92% | 3.83% |
Best Refinance Brokers around Bedford, Indiana 47421
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Bedford, Indiana 47421, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Paul Wilson
Originator
505 S Woodscrest Dr
Bloomington, IN 47421
(812) 558-3830
paul.wilson@americanmortgage.com
Sandra Mead
Mortgage Lender
89 W Vincennes St
Linton, IN 47421
(812) 512-1465
sandra.mead@regions.com
Address
505 S Woodscrest Dr
Bloomington, IN
Contact
(812) 558-3830
Fax (301) 639-0804
paul.wilson@americanmortgage.com
Address
89 W Vincennes St
Linton, IN
Contact
(812) 512-1465
Fax (301) 639-0804
sandra.mead@regions.com