Compare Today’s Refinance Rates for Bowdoinham, Maine 04008
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Bowdoinham, Maine 04008.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $9,411 over the lifetime of your mortgage, which translates to a monthly savings of $26 in Bowdoinham and other areas of Sagadahoc 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 Bowdoinham, Maine 04008
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Interactive Refinance Rate Projections for Bowdoinham, Maine 04008
Pureloan has developed an interactive chart to monitor the five largest local lenders in Bowdoinham, ME 04008, 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 Bowdoinham, Maine 04008 from 2024 - 2016
The following historical data provides insights into refinancing trends in Bowdoinham, Maine and the surrounding Sagadahoc 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 | 83.87% | 57.88% | 58.18% | 55.66% | 60.74% | 63.45% | 58.30% | 59.29% | 55.06% |
avg refi rate | 6.46% | 3.71% | 2.95% | 3.23% | 4.09% | 4.55% | 4.12% | 3.85% | 4.06% |
% 15 year fixed refinance | 16.13% | 24.55% | 24.70% | 27.29% | 20.39% | 25.89% | 27.94% | 31.53% | 27.68% |
avg refi rate | 5.41% | 2.85% | 2.41% | 2.73% | 3.59% | 3.92% | 3.21% | 3.08% | 3.26% |
Avg credit score | 740.52 | 741.28 | 753.57 | 759.81 | 756.97 | 749.46 | 745.92 | 754.47 | 757.05 |
Avg LTV (loan to value) | 62.10% | 60.36% | 66.15% | 68.49% | 71.62% | 66.00% | 70.26% | 69.77% | 71.38% |
Avg DTI (debt to income) | 35.48 | 33.16 | 30.55 | 30.10 | 31.94 | 31.10 | 32.71 | 30.12 | 30.43 |
Avg refinance insurance % | 1.61% | 0.88% | 1.91% | 2.84% | 4.64% | 2.70% | 2.87% | 3.46% | 4.18% |
Best Refinance Brokers around Bowdoinham, Maine 04008
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Bowdoinham, Maine 04008, we have compiled a list of top refinance brokers to assist you in the process.
Jason Norton
Senior Mortgage Loan Officer
186 Maine St
Brunswick, ME 04008
(207) 729-8711
jnorton@northeastbank.com
Robert Staab
Senior Mortgage Loan Officer
186 Maine St
Brunswick, ME 04008
(207) 373-9303
rstaab@northeastbank.com
Donna Miller
Assistant Vice President/Mortgage Loan Officer
208 1/2 Maine St
Brunswick, ME 04008
(207) 729-1661
dlmiller@androscogginbank.com
Rick Koch
VP Business Lending
55 Cushing St
Brunswick, ME 04008
(207) 725-8728 Ext.
rkoch@atlanticregional.com
Pam Bowerman
loan officer
83 Maine St
Brunswick, ME 04008
3191423
pbowerman@norwaysavingsbank.com
Address
186 Maine St
Brunswick, ME
Contact
(207) 729-8711
Fax (301) 639-0804
jnorton@northeastbank.com
Address
186 Maine St
Brunswick, ME
Contact
(207) 373-9303
Fax (301) 639-0804
rstaab@northeastbank.com
Address
208 1/2 Maine St
Brunswick, ME
Contact
(207) 729-1661
Fax (301) 639-0804
dlmiller@androscogginbank.com