Compare Today’s Refinance Rates for New Castle, Indiana 47362
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in New Castle, Indiana 47362.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in New Castle, Indiana 47362. For 30-year amortization refinancing, you can expect lifetime cash savings of $3,946 or $11 per month in New Castle and other parts of Henry county.
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Summary of Average Refinances in New Castle, Indiana 47362
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for New Castle, Indiana 47362
Pureloan has developed an interactive chart to monitor the five largest local lenders in New Castle, IN 47362, 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 New Castle, Indiana 47362 from 2024 - 2016
The following historical data provides insights into refinancing trends in New Castle, Indiana and the surrounding Henry 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 | 64.71% | 52.49% | 51.40% | 50.70% | 56.63% | 55.65% | 47.27% | 49.73% | 47.59% |
avg refi rate | 6.75% | 3.89% | 3.09% | 3.35% | 4.40% | 4.57% | 4.20% | 4.01% | 4.11% |
% 15 year fixed refinance | 11.76% | 27.62% | 31.64% | 31.53% | 27.11% | 29.84% | 36.36% | 39.57% | 41.57% |
avg refi rate | 5.19% | 3.12% | 2.55% | 2.82% | 3.75% | 3.85% | 3.36% | 3.05% | 3.16% |
Avg credit score | 715.24 | 731.36 | 747.80 | 750.41 | 735.04 | 735.93 | 737.88 | 739.44 | 746.17 |
Avg LTV (loan to value) | 63.00% | 63.08% | 68.46% | 71.87% | 73.59% | 70.32% | 73.70% | 73.90% | 73.67% |
Avg DTI (debt to income) | 34.59 | 31.67 | 29.89 | 29.47 | 30.46 | 31.83 | 29.68 | 30.91 | 29.80 |
Avg refinance insurance % | 4.24% | 1.43% | 2.78% | 3.76% | 5.60% | 3.83% | 5.32% | 5.59% | 5.07% |
Best Refinance Brokers around New Castle, Indiana 47362
If you are considering refinancing your mortgage or obtaining a cash-out refinance in New Castle, Indiana 47362, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Paulette Lees
Mortgage Banker
403 Parkview Dr
New Castle, IN 47362
(765) 593-5152
paulette.lees@starfinancial.com
Paul Wilson
Originator
505 S Woodscrest Dr
Bloomington, IN 47362
(812) 558-3830
paul.wilson@americanmortgage.com
Sandra Mead
Mortgage Lender
89 W Vincennes St
Linton, IN 47362
(812) 512-1465
sandra.mead@regions.com
Address
403 Parkview Dr
New Castle, IN
Contact
(765) 593-5152
Fax (301) 639-0804
paulette.lees@starfinancial.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