Compare Today’s Refinance Rates for Lafayette, Indiana

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Lafayette, Indiana 47905. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Lafayette and surrounding areas of Tippecanoe county, your expected lifetime cash savings are $5,463 or $15 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Lafayette, Indiana 47905.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Lafayette, Indiana 47905

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Lafayette, IN

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Lafayette, IN 47905, 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 Lafayette, IN

Refinance Rates for Lafayette, Indiana 47905 from 2013 - 2020

Below are historical data on refinancing in Lafayette, Indiana and around Tippecanoe 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 43.34% 35.24% 36.27% 43.72% 44.72% 39.80% 44.81% 38.95%
avg refi rate 4.82% 4.51% 3.84% 3.67% 4.37% 3.94% 3.78% 4.04%
% 15 year fixed refinance 35.67% 43.47% 41.23% 35.89% 40.65% 39.80% 38.52% 41.05%
avg refi rate 4.18% 3.73% 3.11% 2.89% 3.45% 3.14% 2.98% 3.17%
Avg credit score 765.49 762.84 767.27 759.17 746.42 753.78 755.02 754.61
Avg LTV (loan to value) 65.56% 66.08% 66.08% 68.15% 67.95% 67.99% 69.54% 67.68%
Avg DTI (debt to income) 27.63 27.53 27.65 28.79 30.43 29.07 28.96 29.12
Avg refinance insurance % 1.35% 1.48% 1.51% 2.18% 1.51% 3.01% 2.91% 1.95%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Lafayette, Indiana 47905

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Lafayette, Indiana 47905, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Jim Roach

Mortgage Lender

3123 Union Street

Lafayette, IN 47905

(765) 746-7193

jim.roach@regions.com

Wayne Hewitt

Mortgage Banker

3420 State Road 26 East

Lafayette, IN 47905

(765) 423-0287

thomas.w.hewitt@chase.com

Sharon Morrissey

Mortgage Loan Officer

415 Columbia Street, Suite 3000

Lafayette, IN 47905

(765) 637-7650

sharon.morrissey@americanmortgage.com

Patty Will

Mortgage Loan Officer

415 Columbia Street, Suite 3000

Lafayette, IN 47905

(765) 637-7645

patty.will@americanmortgage.com

Michele Blaas

Loan Officer

635 South Earl Ave, Suite D2

Lafayette, IN 47905

(570) 620-9811

michele.blaas@phm.net

Address

3123 Union Street

Lafayette, IN

Contact

(765) 746-7193

Fax (301) 639-0804

jim.roach@regions.com

Address

3420 State Road 26 East

Lafayette, IN

Contact

(765) 423-0287

Fax (301) 639-0804

thomas.w.hewitt@chase.com

Address

415 Columbia Street, Suite 3000

Lafayette, IN

Contact

(765) 637-7650

Fax (301) 639-0804

sharon.morrissey@americanmortgage.com

Refinancing News for Lafayette, Indiana 47905