Compare Today’s Refinance Rates for Branch, Michigan 49402
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Branch, Michigan 49402.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,339 over the lifetime of your mortgage, which translates to a monthly savings of $9 in Branch and other areas of Mason 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 Branch, Michigan 49402
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Interactive Refinance Rate Projections for Branch, Michigan 49402
Pureloan has developed an interactive chart to monitor the five largest local lenders in Branch, MI 49402, 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 Branch, Michigan 49402 from 2024 - 2016
The following historical data provides insights into refinancing trends in Branch, Michigan and the surrounding Mason 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 | 78.38% | 56.56% | 54.52% | 54.45% | 59.29% | 56.78% | 52.80% | 50.40% | 48.72% |
| avg refi rate | 6.40% | 3.74% | 3.03% | 3.34% | 4.20% | 4.51% | 4.08% | 3.92% | 4.05% |
| % 15 year fixed refinance | 16.22% | 27.33% | 29.54% | 29.17% | 26.84% | 29.65% | 33.29% | 36.04% | 35.60% |
| avg refi rate | 6.08% | 2.81% | 2.51% | 2.82% | 3.67% | 3.89% | 3.34% | 3.17% | 3.31% |
| Avg credit score | 711.22 | 742.50 | 755.11 | 761.00 | 753.30 | 747.59 | 748.54 | 752.69 | 759.11 |
| Avg LTV (loan to value) | 58.32% | 58.26% | 62.82% | 66.86% | 67.78% | 66.15% | 68.62% | 70.80% | 71.37% |
| Avg DTI (debt to income) | 37.19 | 32.52 | 31.56 | 30.71 | 32.73 | 33.41 | 32.36 | 31.34 | 31.35 |
| Avg refinance insurance % | 2.16% | 1.20% | 1.57% | 3.27% | 3.60% | 3.10% | 3.73% | 4.03% | 3.99% |
Best Refinance Brokers around Branch, Michigan 49402
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Branch, Michigan 49402, we have compiled a list of top refinance brokers to assist you in the process.
Jodi White
Loan Officer
PO Box 701
Douglas, MI 49402
(269) 857-8232
jwhite@macatawabank.com
Nathan Bylsma
Loan Officer
4565 Wilson Ave SW Ste 4A
Grandville, MI 49402
(616) 209-8101
nathan.bylsma@thedrmc.com
Debra Meehan
Licensed Loan Originator
433 Seminole Rd Ste 200B
Muskegon, MI 49402
(231) 830-9978
DMeehan@newexecmtg.com
Kolbey Nelson
Branch Manager
216 Washington Ave.
Grand Haven, MI 49402
(877) 326-5626
kolbeynelson@inlanta.com
Joshua Heiks
Mortgage Banker
101 W SAVIDGE ST
SPRING LAKE, MI 49402
(616) 842-0966
joshua.j.heiks@chase.com
Address
PO Box 701
Douglas, MI
Contact
(269) 857-8232
Fax (301) 639-0804
jwhite@macatawabank.com
Address
4565 Wilson Ave SW Ste 4A
Grandville, MI
Contact
(616) 209-8101
Fax (301) 639-0804
nathan.bylsma@thedrmc.com
Address
433 Seminole Rd Ste 200B
Muskegon, MI
Contact
(231) 830-9978
Fax (301) 639-0804
DMeehan@newexecmtg.com