Compare Today’s Refinance Rates for Afton, Minnesota 55001
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Afton, Minnesota 55001.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Afton, Minnesota 55001. For 30-year amortization refinancing, you can expect lifetime cash savings of $14,096 or $39 per month in Afton and other parts of Washington county.
Summary of Average Refinances in Afton, Minnesota 55001
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Interactive Refinance Rate Projections for Afton, Minnesota 55001
Pureloan has developed an interactive chart to monitor the five largest local lenders in Afton, MN 55001, 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 Afton, Minnesota 55001 from 2024 - 2016
The following historical data provides insights into refinancing trends in Afton, Minnesota and the surrounding Washington 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 | 86.29% | 57.65% | 59.06% | 59.03% | 67.56% | 62.16% | 55.20% | 55.16% | 55.24% |
| avg refi rate | 6.23% | 3.61% | 2.95% | 3.24% | 4.09% | 4.52% | 4.08% | 3.90% | 4.07% |
| % 15 year fixed refinance | 8.57% | 25.90% | 24.46% | 24.36% | 18.94% | 26.33% | 29.73% | 28.44% | 27.30% |
| avg refi rate | 5.13% | 2.69% | 2.42% | 2.74% | 3.51% | 3.86% | 3.32% | 3.13% | 3.28% |
| Avg credit score | 746.97 | 753.31 | 763.34 | 765.84 | 757.11 | 749.04 | 755.45 | 761.32 | 763.45 |
| Avg LTV (loan to value) | 64.21% | 62.06% | 65.94% | 69.38% | 72.18% | 69.81% | 71.51% | 73.28% | 74.17% |
| Avg DTI (debt to income) | 35.12 | 33.09 | 31.17 | 30.80 | 32.76 | 33.31 | 32.27 | 31.41 | 31.21 |
| Avg refinance insurance % | 3.73% | 1.50% | 2.25% | 3.35% | 5.20% | 3.02% | 3.79% | 4.76% | 5.46% |
Best Refinance Brokers around Afton, Minnesota 55001
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Afton, Minnesota 55001, we have compiled a list of top refinance brokers to assist you in the process.
Angie Gerhardson
Senior Mortgage Planner
404 Whiskey Rd. N Ste L
Cambridge, MN 55001
(800) 270-3416
angiegerhardson@leader1.com
Susan Kaminski
Mortgage Loan Originator
268 Garfield Street South
Cambridge, MN 55001
(763) 552-7467
skaminski@resultsmortgage.com
Wayne Jarvi
Loan Officer
10503 165th St W
Lakeville, MN 55001
(507) 995-7775
wjarvi@envoymortgage.com
Jeffrey Loftus
Loan Officer
10503 165th St W
Lakeville, MN 55001
(507) 995-7775
jloftus@envoymortgage.com
Lisa Swanson
Loan Officer
10503 165th St W
Lakeville, MN 55001
(952) 388-1633
lswanson@envoymortgage.com
Address
404 Whiskey Rd. N Ste L
Cambridge, MN
Contact
(800) 270-3416
Fax (301) 639-0804
angiegerhardson@leader1.com
Address
268 Garfield Street South
Cambridge, MN
Contact
(763) 552-7467
Fax (301) 639-0804
skaminski@resultsmortgage.com
Address
10503 165th St W
Lakeville, MN
Contact
(507) 995-7775
Fax (301) 639-0804
wjarvi@envoymortgage.com