Compare Today’s Refinance Rates for Newburg, Maryland 20664
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Newburg, Maryland 20664.
With a 30-year amortization refinance in Newburg and surrounding areas of Charles county, our calculations show that you can expect to save up to $11,784 over the lifetime of your mortgage, or a monthly savings of $33. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Newburg, Maryland 20664.
Summary of Average Refinances in Newburg, Maryland 20664
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Interactive Refinance Rate Projections for Newburg, Maryland 20664
Pureloan has developed an interactive chart to monitor the five largest local lenders in Newburg, MD 20664, 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 Newburg, Maryland 20664 from 2024 - 2016
The following historical data provides insights into refinancing trends in Newburg, Maryland and the surrounding Charles 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 | 60.21% | 71.19% | 72.61% | 72.05% | 69.82% | 62.80% | 59.87% | 65.54% | |
avg refi rate | 3.93% | 3.84% | 4.04% | 4.47% | 3.70% | 3.89% | 4.44% | 4.78% | |
% 15 year fixed refinance | 31.56% | 20.49% | 19.64% | 20.29% | 23.70% | 26.67% | 29.18% | 25.80% | |
avg refi rate | 3.09% | 3.00% | 3.18% | 3.48% | 2.94% | 3.22% | 3.70% | 4.22% | |
Avg credit score | 758.23 | 762.35 | 760.55 | 753.93 | 766.77 | 773.57 | 773.03 | 774.46 | |
Avg LTV (loan to value) | 69.84% | 71.95% | 71.97% | 71.35% | 67.28% | 65.23% | 64.31% | 62.38% | |
Avg DTI (debt to income) | 33.34 | 32.84 | 33.00 | 33.50 | 30.55 | 30.16 | 30.57 | 29.82 | |
Avg refinance insurance % | 5.07% | 5.09% | 4.52% | 3.75% | 2.94% | 1.67% | 1.18% | 0.67% |
Best Refinance Brokers around Newburg, Maryland 20664
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Newburg, Maryland 20664, we have compiled a list of top refinance brokers to assist you in the process.
Denise Switzer
Mortgage Consultant/Market Manager
517 Main St
Laurel, MD 20664
(410) 925-1677
denise.k.switzer@pncmortgage.com
Fatou Kaba
Mortgage Loan Officer
517 Main St
Laurel, MD 20664
fatou.kaba@pncmortgage.com
Larry Burnett
Loan Officer
16701 Melford Blvd Ste 311
Bowie, MD 20664
(443) 223-7066
lburnett@gofirsthome.com
Ryan Paquin
Loan Officer
16701 Melford Blvd Ste 311
Bowie, MD 20664
(301) 332-1589
rpaquin@gofirsthome.com
Neville Halstead
Mortgage Loan Officer
4201 Northview Dr Ste 223
Bowie, MD 20664
(301) 352-3560
neville.halstead@pncmortgage.com
Address
517 Main St
Laurel, MD
Contact
(410) 925-1677
Fax (301) 639-0804
denise.k.switzer@pncmortgage.com
Address
517 Main St
Laurel, MD
Contact
Fax (301) 639-0804
fatou.kaba@pncmortgage.com
Address
16701 Melford Blvd Ste 311
Bowie, MD
Contact
(443) 223-7066
Fax (301) 639-0804
lburnett@gofirsthome.com