Compare Today’s Refinance Rates for Milford, Kentucky 41061
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Milford, Kentucky 41061.
With a 30-year amortization refinance in Milford and surrounding areas of Bracken county, our calculations show that you can expect to save up to $3,909 over the lifetime of your mortgage, or a monthly savings of $11. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Milford, Kentucky 41061.
Summary of Average Refinances in Milford, Kentucky 41061
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Interactive Refinance Rate Projections for Milford, Kentucky 41061
Pureloan has developed an interactive chart to monitor the five largest local lenders in Milford, KY 41061, 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 Milford, Kentucky 41061 from 2024 - 2016
The following historical data provides insights into refinancing trends in Milford, Kentucky and the surrounding Bracken 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 Milford, Kentucky 41061
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Milford, Kentucky 41061, we have compiled a list of top refinance brokers to assist you in the process.
Stephen Grossman
Financial Consultant
1701 Central Ave Ste 200
Ashland, KY 41061
(859) 236-3636
sgrossman@hilliard.com
Terrence Hosty
Financial Consultant
1701 Central Ave Ste 200
Ashland, KY 41061
(859) 426-7030
thosty@hilliard.com
Peter Mahurin
Financial Consultant
1701 Central Ave Ste 200
Ashland, KY 41061
(270) 781-1691
pmahurin@hilliard.com
Richard Reames
Financial Consultant
1701 Central Ave Ste 200
Ashland, KY 41061
(606) 324-6133
rreames@hilliard.com
Dan Foutch
Financial Consultant
1701 Central Ave Ste 200
Ashland, KY 41061
(270) 651-2663
dfoutch@hilliard.com
Address
1701 Central Ave Ste 200
Ashland, KY
Contact
(859) 236-3636
Fax (301) 639-0804
sgrossman@hilliard.com
Address
1701 Central Ave Ste 200
Ashland, KY
Contact
(859) 426-7030
Fax (301) 639-0804
thosty@hilliard.com
Address
1701 Central Ave Ste 200
Ashland, KY
Contact
(270) 781-1691
Fax (301) 639-0804
pmahurin@hilliard.com