Compare Today’s Refinance Rates for Abbot, Maine 04406
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Abbot, Maine 04406.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Abbot, Maine 04406. For 30-year amortization refinancing, you can expect lifetime cash savings of $6,874 or $19 per month in Abbot and other parts of Piscataquis county.
Summary of Average Refinances in Abbot, Maine 04406
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Interactive Refinance Rate Projections for Abbot, Maine 04406
Pureloan has developed an interactive chart to monitor the five largest local lenders in Abbot, ME 04406, 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 Abbot, Maine 04406 from 2024 - 2016
The following historical data provides insights into refinancing trends in Abbot, Maine and the surrounding Piscataquis 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 | 69.57% | 46.70% | 49.16% | 46.71% | 53.93% | 46.01% | 40.88% | 49.93% | 50.94% |
avg refi rate | 6.55% | 3.58% | 3.01% | 3.29% | 4.18% | 4.58% | 4.16% | 4.00% | 4.16% |
% 15 year fixed refinance | 13.04% | 34.84% | 30.73% | 33.27% | 26.83% | 39.91% | 43.38% | 35.80% | 35.16% |
avg refi rate | 5.54% | 2.71% | 2.48% | 2.80% | 3.65% | 3.91% | 3.33% | 3.16% | 3.34% |
Avg credit score | 746.57 | 738.48 | 751.00 | 756.35 | 746.91 | 737.90 | 747.54 | 752.53 | 755.66 |
Avg LTV (loan to value) | 60.17% | 63.95% | 68.28% | 72.10% | 72.37% | 73.05% | 74.94% | 75.20% | 76.86% |
Avg DTI (debt to income) | 37.43 | 33.27 | 31.70 | 31.64 | 33.96 | 34.55 | 32.58 | 32.92 | 32.37 |
Avg refinance insurance % | 1.61% | 1.44% | 2.53% | 4.15% | 5.48% | 4.38% | 5.34% | 6.05% | 7.26% |
Best Refinance Brokers around Abbot, Maine 04406
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Abbot, Maine 04406, we have compiled a list of top refinance brokers to assist you in the process.
Lincoln McRae
Loan Officer
PO Box 16783, Jacksonville, FL 32245
Brewer, ME 04406
(904) 232-8820
lincolnmcrae@yahoo.com
Rick Burgess
Loan Officer
53 Crogan Rd
Bangor, ME 04406
(207) 848-7500
rick.burgess@mainelymortgages.com
Heather Massow
Loan Officer
262 Harlow St
Bangor, ME 04406
(207) 973-3500
hmassow@penquis.org
Dana Ward
Loan Officer
262 Harlow St
Bangor, ME 04406
(207) 973-3500
dward@penquis.org
Michael Brown
Loan Officer
PO Box 507
Dover Foxcroft, ME 04406
(207) 564-8644
mbrown@MaineHighlandsCreditUnion.com
Address
PO Box 16783, Jacksonville, FL 32245
Brewer, ME
Contact
(904) 232-8820
Fax (301) 639-0804
lincolnmcrae@yahoo.com
Address
53 Crogan Rd
Bangor, ME
Contact
(207) 848-7500
Fax (301) 639-0804
rick.burgess@mainelymortgages.com
Address
262 Harlow St
Bangor, ME
Contact
(207) 973-3500
Fax (301) 639-0804
hmassow@penquis.org