Compare Today’s Refinance Rates for Independence, Kansas 67301
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Independence, Kansas 67301.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Independence, Kansas 67301. For 30-year amortization refinancing, you can expect lifetime cash savings of $2,526 or $7 per month in Independence and other parts of Montgomery county.
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Summary of Average Refinances in Independence, Kansas 67301
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Independence, Kansas 67301
Pureloan has developed an interactive chart to monitor the five largest local lenders in Independence, KS 67301, 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 Independence, Kansas 67301 from 2024 - 2016
The following historical data provides insights into refinancing trends in Independence, Kansas and the surrounding Montgomery 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 | 100.00% | 46.34% | 38.57% | 33.33% | 31.03% | 68.97% | 48.39% | 40.96% | 50.77% |
| avg refi rate | 6.19% | 4.06% | 2.99% | 3.21% | 4.58% | 4.72% | 4.37% | 3.89% | 4.08% |
| % 15 year fixed refinance | 31.71% | 43.33% | 47.70% | 44.83% | 24.14% | 25.81% | 42.17% | 36.92% | |
| avg refi rate | 3.46% | 2.48% | 2.68% | 3.55% | 3.96% | 3.19% | 3.04% | 3.10% | |
| Avg credit score | 738.00 | 725.15 | 754.10 | 757.77 | 748.24 | 726.28 | 733.03 | 759.75 | 750.05 |
| Avg LTV (loan to value) | 80.50% | 68.68% | 70.16% | 73.11% | 75.24% | 74.76% | 74.58% | 68.47% | 70.09% |
| Avg DTI (debt to income) | 36.00 | 32.00 | 31.01 | 30.59 | 31.14 | 35.31 | 33.35 | 30.64 | 29.95 |
| Avg refinance insurance % | 6.00% | 2.27% | 4.97% | 4.86% | 4.41% | 5.00% | 3.35% | 2.73% | 3.34% |
Best Refinance Brokers around Independence, Kansas 67301
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Independence, Kansas 67301, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Tom Payne
Loan Officer
101 W Main Street
Sedan, KS 67301
(620) 725-3106
tpayne@fnbofsedan.com
Address
101 W Main Street
Sedan, KS
Contact
(620) 725-3106
Fax (301) 639-0804
tpayne@fnbofsedan.com