Compare Today’s Refinance Rates for Fair Haven, Michigan 48023
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Fair Haven, Michigan 48023.
With a 30-year amortization refinance in Fair Haven and surrounding areas of Saint Clair county, our calculations show that you can expect to save up to $2,201 over the lifetime of your mortgage, or a monthly savings of $6. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Fair Haven, Michigan 48023.
Summary of Average Refinances in Fair Haven, Michigan 48023
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Interactive Refinance Rate Projections for Fair Haven, Michigan 48023
Pureloan has developed an interactive chart to monitor the five largest local lenders in Fair Haven, MI 48023, 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 Fair Haven, Michigan 48023 from 2024 - 2016
The following historical data provides insights into refinancing trends in Fair Haven, Michigan and the surrounding Saint Clair 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 Fair Haven, Michigan 48023
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Fair Haven, Michigan 48023, 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 48023
(586) 445-6716
kebaugh@thefsb.com
Angela Kakos
Vice President/Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48023
(877) 908-2224
akakos@1stsecuritiesmortgage.com
George Shaheen
Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48023
(877) 908-2224
gshaheen@1stsecuritiesmortgage.com
Karen Cooper
Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48023
(877) 908-2224
kcooper@1stsecuritiesmortgage.com
Keith Mackey
President/Loan Originator
30150 Telegraph Rd, Suite 320
Bingham Farms, MI 48023
(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