Compare Today’s Refinance Rates for Saline, Michigan 48176
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Saline, Michigan 48176.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $10,498 over the lifetime of your mortgage, which translates to a monthly savings of $29 in Saline and other areas of Washtenaw 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 Saline, Michigan 48176
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Interactive Refinance Rate Projections for Saline, Michigan 48176
Pureloan has developed an interactive chart to monitor the five largest local lenders in Saline, MI 48176, 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 Saline, Michigan 48176 from 2024 - 2016
The following historical data provides insights into refinancing trends in Saline, Michigan and the surrounding Washtenaw 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 | 75.00% | 51.25% | 53.89% | 54.26% | 63.42% | 51.47% | 47.40% | 50.31% | 52.20% |
avg refi rate | 6.62% | 3.61% | 2.99% | 3.29% | 4.17% | 4.58% | 4.12% | 3.95% | 4.16% |
% 15 year fixed refinance | 16.67% | 31.58% | 29.43% | 27.60% | 22.42% | 36.70% | 39.13% | 35.64% | 31.73% |
avg refi rate | 5.33% | 2.78% | 2.47% | 2.79% | 3.67% | 3.85% | 3.37% | 3.18% | 3.39% |
Avg credit score | 734.42 | 755.65 | 756.10 | 759.57 | 748.02 | 740.20 | 750.52 | 755.68 | 755.47 |
Avg LTV (loan to value) | 62.85% | 61.95% | 65.28% | 69.15% | 72.24% | 68.61% | 69.84% | 70.83% | 72.03% |
Avg DTI (debt to income) | 38.96 | 33.38 | 31.71 | 31.60 | 33.32 | 33.32 | 32.76 | 31.86 | 31.65 |
Avg refinance insurance % | 2.90% | 1.31% | 2.10% | 3.34% | 5.34% | 3.04% | 3.71% | 3.92% | 4.58% |
Best Refinance Brokers around Saline, Michigan 48176
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Saline, Michigan 48176, we have compiled a list of top refinance brokers to assist you in the process.
Chad Waterstradt
Mortgage Loan Originator, AVP
200 N Maple Rd
Saline, MI 48176
(734) 470-5211
chad.waterstradt@oldnational.com
Charandeep Lota
Loan Officer
5860 N Canton Center Rd
Canton, MI 48176
(734) 844-5626
clota@accurateloans.com
John Larabell
Loan Officer
5860 N Canton Center Rd
Canton, MI 48176
(734) 844-5626
jlarabell@accurateloans.com
Anthony Johnston
Loan Officer
5860 N Canton Center Rd
Canton, MI 48176
(734) 844-5626
ajohnston@accurateloans.com
William Mirch
Loan Officer
5860 N Canton Center Rd
Canton, MI 48176
(734) 844-5626
wmirch@accurateloans.com
Address
200 N Maple Rd
Saline, MI
Contact
(734) 470-5211
Fax (301) 639-0804
chad.waterstradt@oldnational.com
Address
5860 N Canton Center Rd
Canton, MI
Contact
(734) 844-5626
Fax (301) 639-0804
clota@accurateloans.com
Address
5860 N Canton Center Rd
Canton, MI
Contact
(734) 844-5626
Fax (301) 639-0804
jlarabell@accurateloans.com