Compare Today’s Refinance Rates for Barton City, Michigan 48705
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Barton City, Michigan 48705.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,441 over the lifetime of your mortgage, which translates to a monthly savings of $18 in Barton City and other areas of Alcona 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 Barton City, Michigan 48705
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Interactive Refinance Rate Projections for Barton City, Michigan 48705
Pureloan has developed an interactive chart to monitor the five largest local lenders in Barton City, MI 48705, 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 Barton City, Michigan 48705 from 2024 - 2016
The following historical data provides insights into refinancing trends in Barton City, Michigan and the surrounding Alcona 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 | 66.67% | 49.17% | 42.59% | 37.38% | 53.76% | 50.63% | 41.44% | 31.30% | 41.88% |
avg refi rate | 6.47% | 3.91% | 3.03% | 3.32% | 4.38% | 4.58% | 4.11% | 3.94% | 4.07% |
% 15 year fixed refinance | 33.33% | 30.83% | 38.16% | 43.74% | 30.11% | 32.91% | 43.24% | 50.43% | 49.57% |
avg refi rate | 6.13% | 2.98% | 2.54% | 2.87% | 3.84% | 4.00% | 3.32% | 3.09% | 3.25% |
Avg credit score | 733.33 | 737.74 | 751.72 | 757.76 | 751.02 | 739.29 | 750.50 | 755.69 | 763.37 |
Avg LTV (loan to value) | 59.33% | 59.65% | 65.56% | 68.86% | 67.59% | 72.35% | 69.88% | 73.17% | 70.36% |
Avg DTI (debt to income) | 29.67 | 33.28 | 31.38 | 31.41 | 32.30 | 33.19 | 30.16 | 30.79 | 30.59 |
Avg refinance insurance % | 1.92% | 2.27% | 2.85% | 2.16% | 6.63% | 3.34% | 4.65% | 3.11% |
Best Refinance Brokers around Barton City, Michigan 48705
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Barton City, Michigan 48705, we have compiled a list of top refinance brokers to assist you in the process.
Alan Doner
President/CEO Licensed Loan Originator
100 W Midland St
Bay City, MI 48705
(989) 316-7921
ADoner@newexecmtg.com
Mark Jacques
Licensed Loan Originator
100 W Midland St
Bay City, MI 48705
(989) 879-8472
MJacques@newexecmtg.com
Lisa Bauer
Licensed Loan Originator
100 W Midland St
Bay City, MI 48705
(248) 867-9241
LBauer@newexecmtg.com
Rich Salem
Licensed Loan Originator
100 W Midland St
Bay City, MI 48705
(248) 867-9241
RSalem@newexecmtg.com
Gene Ross
Loan Officer
1901 S Euclid Ave Ste 6
Bay City, MI 48705
(989) 671-2701
gene.ross@academymortgage.com
Address
100 W Midland St
Bay City, MI
Contact
(989) 316-7921
Fax (301) 639-0804
ADoner@newexecmtg.com
Address
100 W Midland St
Bay City, MI
Contact
(989) 879-8472
Fax (301) 639-0804
MJacques@newexecmtg.com
Address
100 W Midland St
Bay City, MI
Contact
(248) 867-9241
Fax (301) 639-0804
LBauer@newexecmtg.com