Compare Today’s Refinance Rates for Bloomington, Indiana 47490
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Bloomington, Indiana 47490.
With a 30-year amortization refinance in Bloomington and surrounding areas of Monroe county, our calculations show that you can expect to save up to $4,815 over the lifetime of your mortgage, or a monthly savings of $13. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Bloomington, Indiana 47490.
Summary of Average Refinances in Bloomington, Indiana 47490
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Interactive Refinance Rate Projections for Bloomington, Indiana 47490
Pureloan has developed an interactive chart to monitor the five largest local lenders in Bloomington, IN 47490, 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 Bloomington, Indiana 47490 from 2024 - 2016
The following historical data provides insights into refinancing trends in Bloomington, Indiana and the surrounding Monroe 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 Bloomington, Indiana 47490
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Bloomington, Indiana 47490, we have compiled a list of top refinance brokers to assist you in the process.
Paul Wilson
Originator
505 S Woodscrest Dr
Bloomington, IN 47490
(812) 558-3830
paul.wilson@americanmortgage.com
KATIE CARRELL
Loan Officer
1847 Troy Rd
Washington, IN 47490
(812) 674-0400
kcarrel@e-farmcredit.com
ERIC LANE
Loan Officer
1847 Troy Rd
Washington, IN 47490
(812) 674-0400
elane@e-farmcredit.com
BARBARA VERMILLION
Loan Officer
1847 Troy Rd
Washington, IN 47490
(812) 674-0400
bvermil@e-farmcredit.com
Pam Krygielka
Mortgage Loan Officer
201 E Main St
Washington, IN 47490
(812) 547-7025
Pam.Krygielka@germanamerican.com
Address
505 S Woodscrest Dr
Bloomington, IN
Contact
(812) 558-3830
Fax (301) 639-0804
paul.wilson@americanmortgage.com
Address
1847 Troy Rd
Washington, IN
Contact
(812) 674-0400
Fax (301) 639-0804
kcarrel@e-farmcredit.com
Address
1847 Troy Rd
Washington, IN
Contact
(812) 674-0400
Fax (301) 639-0804
elane@e-farmcredit.com