Compare Today’s Refinance Rates for Hammond, Indiana

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Hammond, Indiana 46325. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Hammond and surrounding areas of Lake county, your expected lifetime cash savings are $3,700 or $10 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Hammond, Indiana 46325.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Hammond, Indiana 46325

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Hammond, IN

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Hammond, IN 46325, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Hammond, IN

Refinance Rates for Hammond, Indiana 46325 from 2013 - 2020

Below are historical data on refinancing in Hammond, Indiana and around Lake county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 46.95% 36.56% 42.92% 46.47% 53.72% 54.52% 49.23% 39.26%
avg refi rate 4.82% 4.48% 3.90% 3.74% 4.52% 4.08% 3.90% 3.99%
% 15 year fixed refinance 34.38% 41.70% 36.27% 37.04% 34.39% 28.91% 33.85% 44.29%
avg refi rate 4.23% 3.74% 3.23% 3.02% 3.55% 3.29% 3.06% 3.11%
Avg credit score 770.62 770.64 771.77 763.84 749.52 754.70 757.91 752.46
Avg LTV (loan to value) 66.76% 66.75% 67.96% 70.85% 72.87% 74.06% 71.74% 69.19%
Avg DTI (debt to income) 26.18 26.59 26.54 28.14 31.15 29.67 29.05 30.00
Avg refinance insurance % 1.89% 2.65% 2.83% 4.55% 5.07% 5.38% 4.52% 3.50%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Hammond, Indiana 46325

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Hammond, Indiana 46325, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Lois Swanson

Loan Officer

1500 Lincolnway

La Porte, IN 46325

(219) 362-3980

lswanson@accesshorizon.com

Sally Swanson

Mortgage Loan Officer

800 Lincolnway

La Porte, IN 46325

(219) 873-9763

sally.swanson@pncmortgage.com

Mike Gowan

Sales Manager

241 W US Highway 20

Michigan City, IN 46325

(219) 874-1088

mgowan@hallmarkhomemortgage.com

Michelle Bissonnette

Manager

1005 Millennium Dr Ste 102

Crown Point, IN 46325

(219) 942-9333

michelle.bissonnette@Academy.cc

Michael Mellon

President

8230 Hohman Ave

Munster, IN 46325

(219) 836-5870

mmellon@ambfinancial.com

Address

1500 Lincolnway

La Porte, IN

Contact

(219) 362-3980

Fax (301) 639-0804

lswanson@accesshorizon.com

Address

800 Lincolnway

La Porte, IN

Contact

(219) 873-9763

Fax (301) 639-0804

sally.swanson@pncmortgage.com

Address

241 W US Highway 20

Michigan City, IN

Contact

(219) 874-1088

Fax (301) 639-0804

mgowan@hallmarkhomemortgage.com

Refinancing News for Hammond, Indiana 46325