Compare Today’s Refinance Rates for Leicester, Massachusetts 01524
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Leicester, Massachusetts 01524.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $16,174 over the lifetime of your mortgage, which translates to a monthly savings of $45 in Leicester and other areas of Worcester 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 Leicester, Massachusetts 01524
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Interactive Refinance Rate Projections for Leicester, Massachusetts 01524
Pureloan has developed an interactive chart to monitor the five largest local lenders in Leicester, MA 01524, 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 Leicester, Massachusetts 01524 from 2024 - 2016
The following historical data provides insights into refinancing trends in Leicester, Massachusetts and the surrounding Worcester 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% | 31.82% | 22.73% | 50.00% | 43.75% | 75.00% | 41.18% | 50.00% | 33.33% |
avg refi rate | 4.88% | 3.77% | 3.02% | 3.44% | 4.48% | 4.39% | 4.13% | 3.83% | 4.00% |
% 15 year fixed refinance | 40.91% | 43.64% | 33.82% | 37.50% | 16.67% | 47.06% | 37.50% | 41.67% | |
avg refi rate | 2.85% | 2.45% | 2.92% | 3.52% | 3.81% | 3.45% | 3.36% | 3.50% | |
Avg credit score | 642.00 | 741.50 | 762.11 | 752.34 | 756.94 | 756.33 | 744.06 | 752.21 | 753.58 |
Avg LTV (loan to value) | 95.00% | 63.23% | 69.10% | 74.19% | 70.63% | 66.17% | 71.71% | 75.33% | 73.33% |
Avg DTI (debt to income) | 28.00 | 32.18 | 30.24 | 32.24 | 30.63 | 35.00 | 34.29 | 34.92 | 28.08 |
Avg refinance insurance % | 30.00% | 1.95% | 3.46% | 5.19% | 3.06% | 5.17% | 1.82% | 5.29% | 2.00% |
Best Refinance Brokers around Leicester, Massachusetts 01524
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Leicester, Massachusetts 01524, we have compiled a list of top refinance brokers to assist you in the process.
Stacey Berg
Loan Officer
61 Boyden Rd Suite 2
Holden, MA 01524
(508) 829-5810
stacey.berg@fairwaymc.com
Andrew Walsh
Loan Officer
61 Boyden Rd Suite 2
Holden, MA 01524
(508) 829-5810
andrew.walsh@fairwaymc.com
Jason Arakelian
Loan Officer
61 Boyden Rd Suite 2
Holden, MA 01524
(508) 829-5810
jason.arakelian@fairwaymc.com
Paul Walsh
Loan Officer
61 Boyden Rd Suite 2
Holden, MA 01524
(508) 864-5166
paul.walsh@fairwaymc.com
Brian Moore
Loan Officer
61 Boyden Rd Suite 2
Holden, MA 01524
(508) 829-5810
brianm@fairwaymc.com
Address
61 Boyden Rd Suite 2
Holden, MA
Contact
(508) 829-5810
Fax (301) 639-0804
stacey.berg@fairwaymc.com
Address
61 Boyden Rd Suite 2
Holden, MA
Contact
(508) 829-5810
Fax (301) 639-0804
andrew.walsh@fairwaymc.com
Address
61 Boyden Rd Suite 2
Holden, MA
Contact
(508) 829-5810
Fax (301) 639-0804
jason.arakelian@fairwaymc.com