Compare Today’s Refinance Rates for Woodbine, Maryland 21797
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Woodbine, Maryland 21797.
With a 30-year amortization refinance in Woodbine and surrounding areas of Howard county, our calculations show that you can expect to save up to $18,763 over the lifetime of your mortgage, or a monthly savings of $52. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Woodbine, Maryland 21797.
Summary of Average Refinances in Woodbine, Maryland 21797
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Interactive Refinance Rate Projections for Woodbine, Maryland 21797
Pureloan has developed an interactive chart to monitor the five largest local lenders in Woodbine, MD 21797, 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 Woodbine, Maryland 21797 from 2024 - 2016
The following historical data provides insights into refinancing trends in Woodbine, Maryland and the surrounding Howard 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 | 92.59% | 58.05% | 65.42% | 66.72% | 69.80% | 63.24% | 61.54% | 65.43% | 66.39% |
avg refi rate | 5.88% | 3.47% | 2.91% | 3.20% | 4.07% | 4.54% | 4.09% | 3.89% | 4.08% |
% 15 year fixed refinance | 3.70% | 21.09% | 18.79% | 18.51% | 17.52% | 26.47% | 27.59% | 21.31% | 22.48% |
avg refi rate | 5.13% | 2.59% | 2.41% | 2.73% | 3.46% | 3.80% | 3.26% | 3.12% | 3.26% |
Avg credit score | 754.59 | 745.94 | 757.91 | 763.48 | 757.36 | 753.91 | 750.58 | 758.96 | 757.61 |
Avg LTV (loan to value) | 64.63% | 64.69% | 69.28% | 73.02% | 75.06% | 68.02% | 72.52% | 73.33% | 73.34% |
Avg DTI (debt to income) | 35.37 | 33.08 | 31.43 | 31.85 | 34.04 | 33.14 | 33.39 | 31.87 | 31.93 |
Avg refinance insurance % | 6.81% | 1.51% | 3.45% | 5.58% | 8.32% | 3.86% | 5.52% | 5.94% | 5.70% |
Best Refinance Brokers around Woodbine, Maryland 21797
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Woodbine, Maryland 21797, we have compiled a list of top refinance brokers to assist you in the process.
Trish Raber
Mortgage Loan Officer
301 Civic Ave
Salisbury, MD 21797
(410) 546-6027
trish.raber@pncmortgage.com
Eric Short
Loan Officer
800 E Main St
Salisbury, MD 21797
(410) 845-0478
eshort@gofirsthome.com
Hope Morgan
Branch Manager
801 N Salisbury Blvd.
Salisbury, MD 21797
(443) 736-4801
hmorgan@mortgagenetwork.com
Michael Wessels
Sales Manager
801 N Salisbury Blvd.
Salisbury, MD 21797
(443) 736-4801
mwessels@mortgagenetwork.com
Daphne Hayman
Loan Officer
801 N Salisbury Blvd.
Salisbury, MD 21797
(443) 736-4801
dhayman@mortgagenetwork.com
Address
301 Civic Ave
Salisbury, MD
Contact
(410) 546-6027
Fax (301) 639-0804
trish.raber@pncmortgage.com
Address
800 E Main St
Salisbury, MD
Contact
(410) 845-0478
Fax (301) 639-0804
eshort@gofirsthome.com
Address
801 N Salisbury Blvd.
Salisbury, MD
Contact
(443) 736-4801
Fax (301) 639-0804
hmorgan@mortgagenetwork.com