Compare Today’s Refinance Rates for Covington, Kentucky 41019
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Covington, Kentucky 41019.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $1,551 over the lifetime of your mortgage, which translates to a monthly savings of $4 in Covington and other areas of Kenton 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 Covington, Kentucky 41019
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Interactive Refinance Rate Projections for Covington, Kentucky 41019
Pureloan has developed an interactive chart to monitor the five largest local lenders in Covington, KY 41019, 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 Covington, Kentucky 41019 from 2024 - 2016
The following historical data provides insights into refinancing trends in Covington, Kentucky and the surrounding Kenton 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 | 76.74% | 44.89% | 46.59% | 43.94% | 48.70% | 43.86% | 35.10% | 29.42% | 39.64% |
avg refi rate | 6.41% | 3.56% | 3.02% | 3.32% | 4.10% | 4.58% | 4.14% | 3.91% | 4.05% |
% 15 year fixed refinance | 16.28% | 35.38% | 31.05% | 35.10% | 33.54% | 37.34% | 43.02% | 45.80% | 38.28% |
avg refi rate | 5.66% | 2.83% | 2.55% | 2.87% | 3.59% | 3.81% | 3.21% | 2.95% | 3.09% |
Avg credit score | 747.88 | 761.29 | 760.82 | 764.05 | 756.19 | 754.21 | 756.51 | 761.87 | 761.06 |
Avg LTV (loan to value) | 56.86% | 58.65% | 63.25% | 68.21% | 68.00% | 67.51% | 68.67% | 68.82% | 71.81% |
Avg DTI (debt to income) | 34.93 | 30.91 | 28.93 | 28.42 | 29.72 | 30.59 | 29.80 | 28.89 | 29.57 |
Avg refinance insurance % | 1.72% | 0.78% | 1.40% | 3.18% | 3.71% | 2.79% | 3.57% | 4.07% | 5.82% |
Best Refinance Brokers around Covington, Kentucky 41019
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Covington, Kentucky 41019, we have compiled a list of top refinance brokers to assist you in the process.
Brigitte Loze
Loan Officer
7000 Houston Rd
Florence, KY 41019
(859) 750-4641
brigitte.loze@AmericanMortgage.com
Brad Phillips
Loan Officer
111 N Fort Thomas Ave
Fort Thomas, KY 41019
(513) 477-0385
Brad.Phillips@AmericanMortgage.com
Helen Ruehmer
Loan Officer
541 Buttermilk Pike Ste 101
Ft Mitchell, KY 41019
(513) 252-4063
Helen.Ruehmer@AmericanMortgage.com
Kathy Zembrodt
Loan Officer
541 Buttermilk Pike Ste 101
Ft Mitchell, KY 41019
(859) 581-1900
Kathy.Zembrodt@AmericanMortgage.com
Larry Kleem
Loan Officer
541 Buttermilk Pike Ste 101
Ft Mitchell, KY 41019
(859) 653-5758
Larry.Kleem@AmericanMortgage.com
Address
7000 Houston Rd
Florence, KY
Contact
(859) 750-4641
Fax (301) 639-0804
brigitte.loze@AmericanMortgage.com
Address
111 N Fort Thomas Ave
Fort Thomas, KY
Contact
(513) 477-0385
Fax (301) 639-0804
Brad.Phillips@AmericanMortgage.com
Address
541 Buttermilk Pike Ste 101
Ft Mitchell, KY
Contact
(513) 252-4063
Fax (301) 639-0804
Helen.Ruehmer@AmericanMortgage.com