Compare Today’s Refinance Rates for Wales, Massachusetts 01081
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Wales, Massachusetts 01081.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $14,997 over the lifetime of your mortgage, which translates to a monthly savings of $42 in Wales and other areas of Hampden 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 Wales, Massachusetts 01081
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Interactive Refinance Rate Projections for Wales, Massachusetts 01081
Pureloan has developed an interactive chart to monitor the five largest local lenders in Wales, MA 01081, 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 Wales, Massachusetts 01081 from 2024 - 2016
The following historical data provides insights into refinancing trends in Wales, 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 | 80.00% | 51.29% | 59.36% | 57.78% | 59.11% | 51.81% | 45.48% | 52.56% | 60.28% |
| avg refi rate | 6.29% | 3.34% | 2.96% | 3.24% | 4.23% | 4.40% | 4.04% | 3.92% | 4.06% |
| % 15 year fixed refinance | 6.67% | 30.02% | 24.39% | 25.25% | 27.48% | 38.34% | 41.07% | 32.76% | 26.35% |
| avg refi rate | 6.00% | 2.60% | 2.47% | 2.77% | 3.64% | 3.83% | 3.22% | 3.14% | 3.27% |
| Avg credit score | 730.00 | 751.49 | 760.27 | 762.12 | 753.17 | 750.25 | 755.26 | 757.72 | 757.16 |
| Avg LTV (loan to value) | 50.47% | 55.73% | 61.96% | 66.40% | 66.50% | 60.09% | 63.28% | 64.84% | 65.14% |
| Avg DTI (debt to income) | 36.53 | 34.97 | 33.26 | 33.57 | 36.25 | 35.10 | 34.20 | 33.26 | 34.58 |
| Avg refinance insurance % | 0.80% | 0.42% | 1.27% | 2.24% | 3.29% | 1.73% | 1.84% | 2.47% | 2.70% |
Best Refinance Brokers around Wales, Massachusetts 01081
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Wales, Massachusetts 01081, we have compiled a list of top refinance brokers to assist you in the process.
Gary Kaczmarczyk
Loan Officer
1111 Elm St. Suite 21
West Springfield, MA 01081
(888) 590-1907
garyk@firsteastern.com
STEVEN LIEDELL
Loan Officer
171 Park Avenue
West Springfield, MA 01081
(413) 737-2721
Steven.J.Liedell@Wellsfargo.com
JASON BIBEAU
Loan Officer
171 Park Avenue
West Springfield, MA 01081
(413) 737-2721
Jason.M.Bibeau@wellsfargo.com
JOSHUA FASSHAUER
Loan Officer
171 Park Avenue
West Springfield, MA 01081
(413) 737-2721
Joshua.M.Fasshauer@wellsfargo.com
Mathieu Tebo
Senior Loan Officer
371 Park St
Springfield, MA 01081
(413) 887-9201
mtebo@mortgagemaster.com
Address
1111 Elm St. Suite 21
West Springfield, MA
Contact
(888) 590-1907
Fax (301) 639-0804
garyk@firsteastern.com
Address
171 Park Avenue
West Springfield, MA
Contact
(413) 737-2721
Fax (301) 639-0804
Steven.J.Liedell@Wellsfargo.com
Address
171 Park Avenue
West Springfield, MA
Contact
(413) 737-2721
Fax (301) 639-0804
Jason.M.Bibeau@wellsfargo.com