Compare Today’s Refinance Rates for Phoenix, Maryland 21131
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Phoenix, Maryland 21131.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $14,357 over the lifetime of your mortgage, which translates to a monthly savings of $40 in Phoenix and other areas of Baltimore 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 Phoenix, Maryland 21131
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Interactive Refinance Rate Projections for Phoenix, Maryland 21131
Pureloan has developed an interactive chart to monitor the five largest local lenders in Phoenix, MD 21131, 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 Phoenix, Maryland 21131 from 2024 - 2016
The following historical data provides insights into refinancing trends in Phoenix, Maryland and the surrounding Baltimore 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% | 57.29% | 63.08% | 64.17% | 67.63% | 67.03% | 59.52% | 62.28% | 55.61% |
avg refi rate | 6.23% | 3.50% | 2.96% | 3.24% | 4.15% | 4.58% | 4.05% | 3.87% | 4.04% |
% 15 year fixed refinance | 24.62% | 22.45% | 21.83% | 17.92% | 23.08% | 29.17% | 25.88% | 34.22% | |
avg refi rate | 2.75% | 2.47% | 2.83% | 3.49% | 3.86% | 3.24% | 3.11% | 3.34% | |
Avg credit score | 723.00 | 736.87 | 755.40 | 760.67 | 757.86 | 754.40 | 757.15 | 758.33 | 758.98 |
Avg LTV (loan to value) | 62.17% | 60.25% | 66.82% | 69.99% | 68.71% | 67.65% | 69.18% | 68.07% | 68.44% |
Avg DTI (debt to income) | 36.33 | 33.56 | 32.39 | 32.17 | 33.44 | 33.82 | 33.36 | 33.46 | 33.35 |
Avg refinance insurance % | 0.80% | 2.99% | 4.25% | 4.71% | 3.49% | 3.96% | 4.59% | 3.62% |
Best Refinance Brokers around Phoenix, Maryland 21131
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Phoenix, Maryland 21131, we have compiled a list of top refinance brokers to assist you in the process.
JASON LERNER
Home Loan Officer
113 Westminster Pike Ste 230
Reisterstown, MD 21131
(410) 526-1901
jason.lerner@wellsfargo.com
LEWIS WALLER
Home Loan Officer
113 Westminster Pike Ste 230
Reisterstown, MD 21131
(410) 526-1901
lewis.waller@wellsfargo.com
AYAZHUSSEIN RAHEMANJI
Home Loan Officer
113 Westminster Pike Ste 230
Reisterstown, MD 21131
(410) 526-1901
ayaz.rahemanji@wellsfargo.com
MARK SEIFERT
Home Loan Officer
113 Westminster Pike Ste 230
Reisterstown, MD 21131
(410) 526-1901
mark.a.seifert@wellsfargo.com
DARNELL BOYCE
Home Loan Officer
113 Westminster Pike Ste 230
Reisterstown, MD 21131
(410) 526-1901
darnell.boyce@wellsfargo.com
Address
113 Westminster Pike Ste 230
Reisterstown, MD
Contact
(410) 526-1901
Fax (301) 639-0804
jason.lerner@wellsfargo.com
Address
113 Westminster Pike Ste 230
Reisterstown, MD
Contact
(410) 526-1901
Fax (301) 639-0804
lewis.waller@wellsfargo.com
Address
113 Westminster Pike Ste 230
Reisterstown, MD
Contact
(410) 526-1901
Fax (301) 639-0804
ayaz.rahemanji@wellsfargo.com