Compare Today’s Refinance Rates for Shelbyville, Indiana 46176
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Shelbyville, Indiana 46176.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,946 over the lifetime of your mortgage, which translates to a monthly savings of $11 in Shelbyville and other areas of Shelby county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Shelbyville, Indiana 46176
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Interactive Refinance Rate Projections for Shelbyville, Indiana 46176
Pureloan has developed an interactive chart to monitor the five largest local lenders in Shelbyville, IN 46176, 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 Shelbyville, Indiana 46176 from 2024 - 2016
The following historical data provides insights into refinancing trends in Shelbyville, Indiana and the surrounding Shelby 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 Shelbyville, Indiana 46176
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Shelbyville, Indiana 46176, we have compiled a list of top refinance brokers to assist you in the process.
Sara Hill
Loan Officer
100 W 96th St
Indianapolis, IN 46176
(888) 522-2265
Sara.Hill@lakecitybank.com
Chad Arnold
Loan Originator
4770 S Emerson Ave Ste G
Indianapolis, IN 46176
(317) 353-3688
chadarnold@inlanta.com
Aaron Brown
Mortgage Banker
1 E Ohio St Ste 101
Indianapolis, IN 46176
(131) 732-1159
Aaron.Brown@chase.com
Kim Beatty
Loan Officer
5777 N Post Rd
Indianapolis, IN 46176
(317) 570-1000
Kim@firstrepublicmortgage.com
Angie Snellenberger
Loan Officer
5777 N Post Rd
Indianapolis, IN 46176
(317) 570-1000
Angie@firstrepublicmortgage.com
Address
100 W 96th St
Indianapolis, IN
Contact
(888) 522-2265
Fax (301) 639-0804
Sara.Hill@lakecitybank.com
Address
4770 S Emerson Ave Ste G
Indianapolis, IN
Contact
(317) 353-3688
Fax (301) 639-0804
chadarnold@inlanta.com
Address
1 E Ohio St Ste 101
Indianapolis, IN
Contact
(131) 732-1159
Fax (301) 639-0804
Aaron.Brown@chase.com