Compare Today’s Refinance Rates for Center Line, Michigan 48015
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Center Line, Michigan 48015.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Center Line, Michigan 48015. For 30-year amortization refinancing, you can expect lifetime cash savings of $1,986 or $6 per month in Center Line and other parts of Macomb county.
Summary of Average Refinances in Center Line, Michigan 48015
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Interactive Refinance Rate Projections for Center Line, Michigan 48015
Pureloan has developed an interactive chart to monitor the five largest local lenders in Center Line, MI 48015, 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 Center Line, Michigan 48015 from 2024 - 2016
The following historical data provides insights into refinancing trends in Center Line, Michigan and the surrounding Macomb 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 | 82.61% | 58.01% | 56.80% | 55.14% | 62.60% | 54.95% | 52.28% | 52.83% | 54.68% |
avg refi rate | 6.46% | 3.61% | 3.01% | 3.29% | 4.17% | 4.58% | 4.14% | 3.96% | 4.14% |
% 15 year fixed refinance | 13.04% | 26.19% | 26.83% | 26.58% | 21.76% | 32.42% | 34.70% | 33.88% | 31.87% |
avg refi rate | 5.78% | 2.81% | 2.47% | 2.80% | 3.64% | 3.91% | 3.39% | 3.20% | 3.38% |
Avg credit score | 735.75 | 740.32 | 752.34 | 757.61 | 746.87 | 740.69 | 746.29 | 751.67 | 754.48 |
Avg LTV (loan to value) | 62.64% | 61.38% | 65.49% | 69.51% | 73.18% | 67.93% | 70.23% | 71.59% | 72.41% |
Avg DTI (debt to income) | 37.35 | 33.47 | 32.28 | 31.96 | 33.16 | 34.03 | 33.28 | 32.28 | 31.69 |
Avg refinance insurance % | 2.29% | 1.30% | 2.21% | 3.64% | 5.58% | 3.00% | 3.69% | 4.13% | 4.54% |
Best Refinance Brokers around Center Line, Michigan 48015
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Center Line, Michigan 48015, we have compiled a list of top refinance brokers to assist you in the process.
Ken Ebaugh
Loan Originator
16100 E. Nine Mile Road
Eastpointe, GA 48015
(586) 445-6716
kebaugh@thefsb.com
Angela Kakos
Vice President/Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48015
(877) 908-2224
akakos@1stsecuritiesmortgage.com
George Shaheen
Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48015
(877) 908-2224
gshaheen@1stsecuritiesmortgage.com
Karen Cooper
Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48015
(877) 908-2224
kcooper@1stsecuritiesmortgage.com
Keith Mackey
President/Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48015
(877) 908-2224
kmackey@1stsecuritiesmortgage.com
Address
16100 E. Nine Mile Road
Eastpointe, GA
Contact
(586) 445-6716
Fax (301) 639-0804
kebaugh@thefsb.com
Address
30150 Telegraph Rd, Suite 320
Bingham Farms, MI
Contact
(877) 908-2224
Fax (301) 639-0804
akakos@1stsecuritiesmortgage.com
Address
30150 Telegraph Rd, Suite 320
Bingham Farms, MI
Contact
(877) 908-2224
Fax (301) 639-0804
gshaheen@1stsecuritiesmortgage.com