Compare Today’s Refinance Rates for Kennebunk, Maine 04043
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Kennebunk, Maine 04043.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $34,691 over the lifetime of your mortgage, which translates to a monthly savings of $96 in Kennebunk and other areas of York 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 Kennebunk, Maine 04043
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Interactive Refinance Rate Projections for Kennebunk, Maine 04043
Pureloan has developed an interactive chart to monitor the five largest local lenders in Kennebunk, ME 04043, 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 Kennebunk, Maine 04043 from 2024 - 2016
The following historical data provides insights into refinancing trends in Kennebunk, Maine and the surrounding York 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 | 76.92% | 61.54% | 55.81% | 52.28% | 61.15% | 57.55% | 61.07% | 46.24% | 54.94% |
| avg refi rate | 6.52% | 3.89% | 2.99% | 3.25% | 4.38% | 4.64% | 4.13% | 3.87% | 4.02% |
| % 15 year fixed refinance | 23.08% | 21.98% | 26.35% | 30.29% | 19.11% | 28.30% | 28.86% | 41.04% | 33.33% |
| avg refi rate | 5.33% | 2.89% | 2.44% | 2.73% | 3.71% | 3.84% | 3.27% | 3.03% | 3.24% |
| Avg credit score | 745.46 | 738.38 | 752.63 | 761.16 | 751.61 | 738.42 | 744.82 | 756.14 | 756.02 |
| Avg LTV (loan to value) | 49.23% | 62.20% | 66.96% | 68.18% | 71.25% | 68.12% | 69.79% | 68.35% | 71.07% |
| Avg DTI (debt to income) | 36.23 | 30.23 | 30.13 | 29.09 | 31.10 | 32.85 | 30.98 | 30.09 | 31.25 |
| Avg refinance insurance % | 1.97% | 2.14% | 2.74% | 4.21% | 2.15% | 3.54% | 3.25% | 4.35% |
Best Refinance Brokers around Kennebunk, Maine 04043
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Kennebunk, Maine 04043, we have compiled a list of top refinance brokers to assist you in the process.
Terry Johnson
Loan Officer
One Post Office Square
Kennebunk, ME 04043
(800) 539-2968
therese_a_johnson@keybank.com
ERNEST GOFF
Home Mortgage Consultant
144 US Route 1
Scarborough, ME 04043
(207) 828-9003
ERNEST.F.GOFFI@wellsfargo.com
Neal Graffam
Lender
1 Harrison Rd
Bridgton, ME 04043
6475731
ngraffam@norwaysavingsbank.com
Jason Norton
Senior Mortgage Loan Officer
186 Maine St
Brunswick, ME 04043
(207) 729-8711
jnorton@northeastbank.com
Robert Staab
Senior Mortgage Loan Officer
186 Maine St
Brunswick, ME 04043
(207) 373-9303
rstaab@northeastbank.com
Address
One Post Office Square
Kennebunk, ME
Contact
(800) 539-2968
Fax (301) 639-0804
therese_a_johnson@keybank.com
Address
144 US Route 1
Scarborough, ME
Contact
(207) 828-9003
Fax (301) 639-0804
ERNEST.F.GOFFI@wellsfargo.com
Address
1 Harrison Rd
Bridgton, ME
Contact
6475731
Fax (301) 639-0804
ngraffam@norwaysavingsbank.com