Compare Today’s Refinance Rates for Old Orchard Beach, Maine 04064
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Old Orchard Beach, Maine 04064.
With a 30-year amortization refinance in Old Orchard Beach and surrounding areas of York county, our calculations show that you can expect to save up to $11,343 over the lifetime of your mortgage, or a monthly savings of $32. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Old Orchard Beach, Maine 04064.
Summary of Average Refinances in Old Orchard Beach, Maine 04064
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Interactive Refinance Rate Projections for Old Orchard Beach, Maine 04064
Pureloan has developed an interactive chart to monitor the five largest local lenders in Old Orchard Beach, ME 04064, 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 Old Orchard Beach, Maine 04064 from 2024 - 2016
The following historical data provides insights into refinancing trends in Old Orchard Beach, 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 Old Orchard Beach, Maine 04064
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Old Orchard Beach, Maine 04064, we have compiled a list of top refinance brokers to assist you in the process.
Carolyn Lamontagne
VP/Branch Manager
2 Portland Ave
Old Orchard Beach, ME 04064
(207) 602-7702
Carolyn7702@sbsavings.com
Dan Hancock
Loan Officer
766 Roosevelt Trl
Windham, ME 04064
(207) 222-1460
dhancock@gorhamsavingsbank.com
Peter Godsoe
Lender
10 Franklin Dr
Windham, ME 04064
8929466
pgodsoe@norwaysavingsbank.com
Vickie McMullen
Loan Officer
3 Drive In Ln
Windham, ME 04064
(207) 310-2101
VMcMullen@Mechanicssavings.com
Jim Skvorak
Senior Mortgage Advisor
840 Roosevelt Trl Ste 2
Windham, ME 04064
(207) 893-2900 Ext.
jskvorak@homesteadme.com
Address
2 Portland Ave
Old Orchard Beach, ME
Contact
(207) 602-7702
Fax (301) 639-0804
Carolyn7702@sbsavings.com
Address
766 Roosevelt Trl
Windham, ME
Contact
(207) 222-1460
Fax (301) 639-0804
dhancock@gorhamsavingsbank.com
Address
10 Franklin Dr
Windham, ME
Contact
8929466
Fax (301) 639-0804
pgodsoe@norwaysavingsbank.com