Compare Today’s Refinance Rates for Woodland, Michigan 48897
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Woodland, Michigan 48897.
With a 30-year amortization refinance in Woodland and surrounding areas of Barry county, our calculations show that you can expect to save up to $4,553 over the lifetime of your mortgage, or a monthly savings of $13. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Woodland, Michigan 48897.
Summary of Average Refinances in Woodland, Michigan 48897
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Interactive Refinance Rate Projections for Woodland, Michigan 48897
Pureloan has developed an interactive chart to monitor the five largest local lenders in Woodland, MI 48897, 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 Woodland, Michigan 48897 from 2024 - 2016
The following historical data provides insights into refinancing trends in Woodland, Michigan and the surrounding Barry 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 | 83.33% | 50.82% | 53.89% | 52.17% | 64.54% | 51.19% | 48.39% | 48.81% | 45.53% |
| avg refi rate | 6.41% | 3.58% | 3.05% | 3.31% | 4.20% | 4.57% | 4.18% | 3.94% | 4.10% |
| % 15 year fixed refinance | 12.50% | 30.43% | 28.77% | 29.71% | 21.68% | 34.83% | 38.06% | 35.63% | 37.29% |
| avg refi rate | 5.75% | 2.78% | 2.50% | 2.77% | 3.68% | 3.92% | 3.40% | 3.16% | 3.24% |
| Avg credit score | 731.46 | 740.42 | 755.31 | 761.75 | 750.31 | 741.58 | 748.17 | 753.26 | 758.42 |
| Avg LTV (loan to value) | 59.33% | 61.93% | 66.45% | 70.01% | 73.22% | 70.37% | 72.10% | 74.19% | 74.03% |
| Avg DTI (debt to income) | 38.71 | 32.11 | 31.26 | 31.08 | 32.44 | 32.23 | 32.53 | 31.21 | 30.84 |
| Avg refinance insurance % | 5.83% | 1.21% | 2.35% | 3.75% | 5.95% | 4.04% | 4.51% | 5.41% | 5.50% |
Best Refinance Brokers around Woodland, Michigan 48897
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Woodland, Michigan 48897, we have compiled a list of top refinance brokers to assist you in the process.
Eloy Martinez
Loan officer
15851 S Old US-27 Hwy, Building 10, Suite 12
Lansing, MI 48897
(517) 202-9904
eloy@goapmc.com
Grant Solik
Loan officer
15851 S Old US-27 Hwy, Building 10, Suite 12
Lansing, MI 48897
(517) 974-1000
grant@goapmc.com
Mary Townley
Loan Officer
735 E. Michigan Ave.PO Box 30044
Lansing, MI 48897
(517) 373-8370
townleym1@michigan.gov
Nicki Vanlake
Loan Officer
6837 W Grand River Ave
Lansing, MI 48897
(517) 449-9475
nvanlake@farmersagent.com
Annette Dorey
Mortgage Loan Officers
735 E. Michigan Ave P.O. Box 30044
Lansing, MI 48897
(989) 792-9083
annette.dorey@lmcu.org
Address
15851 S Old US-27 Hwy, Building 10, Suite 12
Lansing, MI
Contact
(517) 202-9904
Fax (301) 639-0804
eloy@goapmc.com
Address
15851 S Old US-27 Hwy, Building 10, Suite 12
Lansing, MI
Contact
(517) 974-1000
Fax (301) 639-0804
grant@goapmc.com
Address
735 E. Michigan Ave.PO Box 30044
Lansing, MI
Contact
(517) 373-8370
Fax (301) 639-0804
townleym1@michigan.gov