Compare Today’s Refinance Rates for Hazel Park, Michigan 48030
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Hazel Park, Michigan 48030.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Hazel Park, Michigan 48030. For 30-year amortization refinancing, you can expect lifetime cash savings of $838 or $2 per month in Hazel Park and other parts of Oakland county.
Summary of Average Refinances in Hazel Park, Michigan 48030
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Interactive Refinance Rate Projections for Hazel Park, Michigan 48030
Pureloan has developed an interactive chart to monitor the five largest local lenders in Hazel Park, MI 48030, 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 Hazel Park, Michigan 48030 from 2024 - 2016
The following historical data provides insights into refinancing trends in Hazel Park, Michigan and the surrounding Oakland 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 Hazel Park, Michigan 48030
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Hazel Park, Michigan 48030, we have compiled a list of top refinance brokers to assist you in the process.
JAMES MILLER
Loan Officer
37020 Garfield Rd
Clinton Township, MI 48030
(586) 416-4117
James.B.Miller@wellsfargo.com
DIMITAR STEFANOVSKI
Loan Officer
37020 Garfield Rd
Clinton Township, MI 48030
(586) 416-4117
jim.stefanovski@wellsfargo.com
PAUL KELLY
Loan Officer
37020 Garfield Rd
Clinton Township, MI 48030
(586) 416-4117
paul.kelly@wellsfargo.com
Derek Howard
Senior Loan Officer
24725 W. 12 Mile Rd. Suite 110
Southfield, MI 48030
(888) 422-6562
dhoward@mbmortgage.com
Ernie Katai
Executive Vice President, Head of Production
28411 Northwestern Highway
Southfield, MI 48030
(248) 208-3460
ernest.katai@berkadia.com
Address
37020 Garfield Rd
Clinton Township, MI
Contact
(586) 416-4117
Fax (301) 639-0804
James.B.Miller@wellsfargo.com
Address
37020 Garfield Rd
Clinton Township, MI
Contact
(586) 416-4117
Fax (301) 639-0804
jim.stefanovski@wellsfargo.com
Address
37020 Garfield Rd
Clinton Township, MI
Contact
(586) 416-4117
Fax (301) 639-0804
paul.kelly@wellsfargo.com