Compare Today’s Refinance Rates for Springfield, Massachusetts 01102
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Springfield, Massachusetts 01102.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Springfield, Massachusetts 01102. For 30-year amortization refinancing, you can expect lifetime cash savings of $7,139 or $20 per month in Springfield and other parts of Hampden county.
Summary of Average Refinances in Springfield, Massachusetts 01102
Become a certified mortgage expert on Pureloan.com
in Springfield, Massachusetts 01102
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Springfield, Massachusetts 01102
Pureloan has developed an interactive chart to monitor the five largest local lenders in Springfield, MA 01102, 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 Springfield, Massachusetts 01102 from 2024 - 2016
The following historical data provides insights into refinancing trends in Springfield, Massachusetts and the surrounding Hampden 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% | 47.83% | 52.21% | 57.16% | 74.23% | 56.36% | 51.45% | 55.10% | 52.82% |
avg refi rate | 6.13% | 3.32% | 2.89% | 3.17% | 4.16% | 4.44% | 4.06% | 3.88% | 4.06% |
% 15 year fixed refinance | 40.37% | 30.48% | 25.39% | 20.62% | 34.55% | 35.51% | 32.14% | 31.28% | |
avg refi rate | 2.52% | 2.41% | 2.75% | 3.36% | 3.67% | 3.12% | 3.13% | 3.20% | |
Avg credit score | 778.00 | 757.18 | 763.55 | 759.63 | 745.57 | 745.27 | 756.50 | 753.99 | 751.94 |
Avg LTV (loan to value) | 46.00% | 47.17% | 54.11% | 59.23% | 59.14% | 55.20% | 57.65% | 58.18% | 62.52% |
Avg DTI (debt to income) | 39.00 | 35.55 | 35.58 | 35.25 | 38.80 | 39.16 | 36.97 | 36.58 | 36.39 |
Avg refinance insurance % | 0.23% | 0.54% | 0.90% | 2.70% | 0.22% | 1.24% | 0.87% | 1.07% |
Best Refinance Brokers around Springfield, Massachusetts 01102
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Springfield, Massachusetts 01102, we have compiled a list of top refinance brokers to assist you in the process.
Timothy Throckmorton
Director Of Fiduciary Services & Svp
1355 Boston Rd
Springfield, MA 01102
(203) 328-8110
timothy@websteronline.com
Rogean Makowski
Senior Fiduciary Services Officer & Svp
1355 Boston Rd
Springfield, MA 01102
(401) 228-2044
rogean@websteronline.com
Timothy Throckmorton
Director Of Fiduciary Services & Svp
1355 Boston Rd
Springfield, MA 01102
(203) 328-8110
tthrockmorton@websterbank.com
Rogean Makowski
Senior Fiduciary Services Officer & Svp
1355 Boston Rd
Springfield, MA 01102
(401) 228-2044
rbmakowski@websterbank.com
Deborah Yates
Loan Officer
1414 Main Street, Suite 1370
Springfield, MA 01102
(413) 455-2203
dyates@mandm.consulting
Address
1355 Boston Rd
Springfield, MA
Contact
(203) 328-8110
Fax (301) 639-0804
timothy@websteronline.com
Address
1355 Boston Rd
Springfield, MA
Contact
(401) 228-2044
Fax (301) 639-0804
rogean@websteronline.com
Address
1355 Boston Rd
Springfield, MA
Contact
(203) 328-8110
Fax (301) 639-0804
tthrockmorton@websterbank.com