Compare Today’s Refinance Rates for Taylor, Michigan 48180
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Taylor, Michigan 48180.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Taylor, Michigan 48180. For 30-year amortization refinancing, you can expect lifetime cash savings of $3,643 or $10 per month in Taylor and other parts of Wayne county.
Summary of Average Refinances in Taylor, Michigan 48180
Become a certified mortgage expert on Pureloan.com
in Taylor, Michigan 48180
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Taylor, Michigan 48180
Pureloan has developed an interactive chart to monitor the five largest local lenders in Taylor, MI 48180, 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 Taylor, Michigan 48180 from 2024 - 2016
The following historical data provides insights into refinancing trends in Taylor, Michigan and the surrounding Wayne 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 Taylor, Michigan 48180
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Taylor, Michigan 48180, we have compiled a list of top refinance brokers to assist you in the process.
Jill Valley
Mortgage Loan Specialist
9691 Telegraph
Taylor, MI 48180
(313) 292-5358
jeri.richards-mullins@53.com
Rich Maldonado
Loan Originator
20600 Eureka Road, Suite 230
Taylor, MI 48180
(734) 285-2110
rmaldonado@amerifirst.com
Michael Dusen
Senior Loan Officer,
20300 Superior Road, Suite 260
Taylor, MI 48180
(734) 530-2024
mvandusen@mbmortgage.com
Donna Ferguson
Senior Loan Officer
20300 Superior Road, Suite 260
Taylor, MI 48180
(734) 530-2007
dferguson@mbmortgage.com
Daniel Voran
Senior Loan Officer,
20300 Superior Road, Suite 260
Taylor, MI 48180
(734) 530-2005
dvoran@mbmortgage.com
Address
9691 Telegraph
Taylor, MI
Contact
(313) 292-5358
Fax (301) 639-0804
jeri.richards-mullins@53.com
Address
20600 Eureka Road, Suite 230
Taylor, MI
Contact
(734) 285-2110
Fax (301) 639-0804
rmaldonado@amerifirst.com
Address
20300 Superior Road, Suite 260
Taylor, MI
Contact
(734) 530-2024
Fax (301) 639-0804
mvandusen@mbmortgage.com