Compare Today’s Refinance Rates for Indianapolis, Indiana 46218
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Indianapolis, Indiana 46218.
With a 30-year amortization refinance in Indianapolis and surrounding areas of Marion county, our calculations show that you can expect to save up to $10,113 over the lifetime of your mortgage, or a monthly savings of $28. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Indianapolis, Indiana 46218.
Summary of Average Refinances in Indianapolis, Indiana 46218
Become a certified mortgage expert on Pureloan.com
in Indianapolis, Indiana 46218
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Indianapolis, Indiana 46218
Pureloan has developed an interactive chart to monitor the five largest local lenders in Indianapolis, IN 46218, 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 Indianapolis, Indiana 46218 from 2024 - 2016
The following historical data provides insights into refinancing trends in Indianapolis, Indiana and the surrounding Marion 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 | 92.31% | 51.52% | 54.38% | 55.37% | 64.30% | 58.42% | 42.30% | 49.48% | 55.01% |
avg refi rate | 6.53% | 3.58% | 2.97% | 3.25% | 4.06% | 4.53% | 4.11% | 3.90% | 4.07% |
% 15 year fixed refinance | 3.85% | 28.85% | 26.03% | 27.20% | 22.54% | 29.76% | 41.60% | 33.51% | 29.12% |
avg refi rate | 4.88% | 2.68% | 2.48% | 2.78% | 3.57% | 3.79% | 3.23% | 3.06% | 3.28% |
Avg credit score | 746.77 | 752.51 | 763.83 | 766.61 | 756.04 | 740.83 | 748.67 | 758.17 | 755.51 |
Avg LTV (loan to value) | 62.15% | 58.22% | 64.42% | 69.10% | 72.84% | 68.95% | 70.01% | 71.93% | 74.20% |
Avg DTI (debt to income) | 38.12 | 29.61 | 28.70 | 28.66 | 30.99 | 30.88 | 30.47 | 28.95 | 29.47 |
Avg refinance insurance % | 2.77% | 0.82% | 1.79% | 3.33% | 5.95% | 3.38% | 3.53% | 4.48% | 5.21% |
Best Refinance Brokers around Indianapolis, Indiana 46218
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Indianapolis, Indiana 46218, we have compiled a list of top refinance brokers to assist you in the process.
Delia Webster
Mortgage Lender
5640 Emerson Way
Indianapolis, IN 46218
(317) 259-7392
delia.webster@regions.com
Mark Sackett
Mortgage Lender
7329 Rockville Rd
Indianapolis, IN 46218
(317) 209-9520
mark.sackett@regions.com
Jennifer Payne
Mortgage Lender
9885 Fall Creek Rd
Indianapolis, IN 46218
(317) 841-7943
jennifer.payne@regions.com
Kim Bradley
Mortgage Lender
5151 East 82Nd Street
Indianapolis, IN 46218
(317) 841-8693
kim.bradley@regions.com
Gary Adams
Mortgage Lender
One Indiana Square
Indianapolis, IN 46218
(317) 221-6637
gary.adams@regions.com
Address
5640 Emerson Way
Indianapolis, IN
Contact
(317) 259-7392
Fax (301) 639-0804
delia.webster@regions.com
Address
7329 Rockville Rd
Indianapolis, IN
Contact
(317) 209-9520
Fax (301) 639-0804
mark.sackett@regions.com
Address
9885 Fall Creek Rd
Indianapolis, IN
Contact
(317) 841-7943
Fax (301) 639-0804
jennifer.payne@regions.com