Compare Today’s Refinance Rates for Cooks, Michigan 49817
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Cooks, Michigan 49817.
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 Cooks and other areas of Delta 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 Cooks, Michigan 49817
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Interactive Refinance Rate Projections for Cooks, Michigan 49817
Pureloan has developed an interactive chart to monitor the five largest local lenders in Cooks, MI 49817, 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 Cooks, Michigan 49817 from 2024 - 2016
The following historical data provides insights into refinancing trends in Cooks, Michigan and the surrounding Delta 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 | 73.33% | 43.87% | 36.54% | 34.58% | 51.02% | 59.90% | 53.47% | 43.28% | 46.65% |
avg refi rate | 6.41% | 4.01% | 2.87% | 3.03% | 4.20% | 4.62% | 4.00% | 3.68% | 3.89% |
% 15 year fixed refinance | 10.00% | 33.60% | 38.07% | 36.28% | 27.11% | 24.48% | 31.60% | 36.56% | 37.03% |
avg refi rate | 6.13% | 2.88% | 2.23% | 2.44% | 3.56% | 3.94% | 3.27% | 2.87% | 3.01% |
Avg credit score | 750.80 | 743.79 | 752.95 | 763.29 | 746.05 | 738.91 | 745.21 | 754.23 | 751.38 |
Avg LTV (loan to value) | 54.23% | 59.50% | 65.24% | 69.59% | 70.48% | 69.86% | 71.57% | 70.05% | 70.24% |
Avg DTI (debt to income) | 33.97 | 31.70 | 32.77 | 29.62 | 31.22 | 31.94 | 31.17 | 29.69 | 30.68 |
Avg refinance insurance % | 1.40% | 1.91% | 2.56% | 3.46% | 4.66% | 3.67% | 3.65% | 3.15% | 3.36% |
Best Refinance Brokers around Cooks, Michigan 49817
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Cooks, Michigan 49817, we have compiled a list of top refinance brokers to assist you in the process.
Wendy Holzenkamp
Loan officer
2800 Ludington St,
Escanaba, MI, MI 49817
(906) 786-3355
holzenkampw@first-bank.com
Jimmie Hassan
Loan officer
1205 Ludington St
Escanaba, MI 49817
(24) 873-0541
jimmie.hassan@wellsfargo.com
Kimberly Stephens
Loan officer
1205 Ludington St
Escanaba, MI 49817
(517) 347-5922
kimberly.n.stephens@wellsfargo.com
Steve McNiel
Loan officer
1205 Ludington St
Escanaba, MI 49817
(517) 347-5929
steve.mcniel@wellsfargo.com
Diya Fahs
Loan officer
1205 Ludington St
Escanaba, MI 49817
(24) 873-0545
diya.fahs@wellsfargo.com
Address
2800 Ludington St,
Escanaba, MI, MI
Contact
(906) 786-3355
Fax (301) 639-0804
holzenkampw@first-bank.com
Address
1205 Ludington St
Escanaba, MI
Contact
(24) 873-0541
Fax (301) 639-0804
jimmie.hassan@wellsfargo.com
Address
1205 Ludington St
Escanaba, MI
Contact
(517) 347-5922
Fax (301) 639-0804
kimberly.n.stephens@wellsfargo.com