Compare Today’s Refinance Rates for East Newport, Maine 04933
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in East Newport, Maine 04933.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,014 over the lifetime of your mortgage, which translates to a monthly savings of $17 in East Newport and other areas of Penobscot 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 East Newport, Maine 04933
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Interactive Refinance Rate Projections for East Newport, Maine 04933
Pureloan has developed an interactive chart to monitor the five largest local lenders in East Newport, ME 04933, 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 East Newport, Maine 04933 from 2024 - 2016
The following historical data provides insights into refinancing trends in East Newport, Maine and the surrounding Penobscot 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 | 92.00% | 58.67% | 56.77% | 56.14% | 64.97% | 66.28% | 54.33% | 51.54% | 48.64% |
avg refi rate | 6.40% | 3.70% | 3.02% | 3.30% | 4.23% | 4.53% | 4.04% | 3.89% | 4.03% |
% 15 year fixed refinance | 4.00% | 26.89% | 26.30% | 27.88% | 20.83% | 25.36% | 33.15% | 34.71% | 35.50% |
avg refi rate | 5.63% | 2.90% | 2.48% | 2.77% | 3.64% | 3.90% | 3.30% | 3.13% | 3.23% |
Avg credit score | 744.32 | 743.40 | 758.51 | 762.12 | 753.06 | 766.51 | 748.09 | 754.11 | 756.24 |
Avg LTV (loan to value) | 56.44% | 59.61% | 64.02% | 66.46% | 69.19% | 68.54% | 69.83% | 70.28% | 70.83% |
Avg DTI (debt to income) | 34.24 | 32.71 | 31.25 | 30.65 | 31.75 | 32.12 | 31.96 | 31.25 | 31.07 |
Avg refinance insurance % | 3.20% | 1.46% | 1.86% | 2.78% | 5.24% | 3.62% | 4.15% | 3.95% | 3.76% |
Best Refinance Brokers around East Newport, Maine 04933
If you are considering refinancing your mortgage or obtaining a cash-out refinance in East Newport, Maine 04933, we have compiled a list of top refinance brokers to assist you in the process.
Tammy Creswell
VP of Mortgage Lending
PO Box 233
Dexter, ME 04933
(207) 924-5544
tcreswell@MaineHighlandsCreditUnion.com
Ramona Flint
Senior VP of Lending
PO Box 233
Dexter, ME 04933
(207) 924-5544
rflint@MaineHighlandsCreditUnion.com
Stephanie Chabot
Loan Officer
PO Box 233
Dexter, ME 04933
(207) 924-5544
schabot@MaineHighlandsCreditUnion.com
Mark Russell
Branch Manager
222 College Ave
Waterville, ME 04933
(207) 872-5602
mark@kswfcu.org
Denise Robinson
Loan Officer
222 College Ave
Waterville, ME 04933
(207) 872-5602
denise@kswfcu.org
Address
PO Box 233
Dexter, ME
Contact
(207) 924-5544
Fax (301) 639-0804
tcreswell@MaineHighlandsCreditUnion.com
Address
PO Box 233
Dexter, ME
Contact
(207) 924-5544
Fax (301) 639-0804
rflint@MaineHighlandsCreditUnion.com
Address
PO Box 233
Dexter, ME
Contact
(207) 924-5544
Fax (301) 639-0804
schabot@MaineHighlandsCreditUnion.com