Compare Today’s Refinance Rates for Albertville, Minnesota 55301
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Albertville, Minnesota 55301.
With a 30-year amortization refinance in Albertville and surrounding areas of Wright county, our calculations show that you can expect to save up to $5,444 over the lifetime of your mortgage, or a monthly savings of $15. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Albertville, Minnesota 55301.
Summary of Average Refinances in Albertville, Minnesota 55301
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Interactive Refinance Rate Projections for Albertville, Minnesota 55301
Pureloan has developed an interactive chart to monitor the five largest local lenders in Albertville, MN 55301, 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 Albertville, Minnesota 55301 from 2024 - 2016
The following historical data provides insights into refinancing trends in Albertville, Minnesota and the surrounding Wright 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 Albertville, Minnesota 55301
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Albertville, Minnesota 55301, we have compiled a list of top refinance brokers to assist you in the process.
Terry Yokom
Vp/Lender
11102 57th St NE
Albertville, MN 55301
(763) 424-5888
tyokom@financialsecuritybank.com
Ted Sirianni
Mortgage Advisor
11102 57th St NE
Albertville, MN 55301
(763) 424-5888
tsirianni@financialsecuritybank.com
Bob Bauman
President /Borker
11102 57th St NE
Albertville, MN 55301
(763) 424-5888
rbauman@financialsecuritybank.com
Dick Erickson
Mortgage Advisor
11102 57th St NE
Albertville, MN 55301
(763) 424-5888
derickson@financialsecuritybank.com
Mike Mulrooney
Loan Officer
1885 Station Pkwy NW
Andover, MN 55301
(763) 784-3337
mike@cmdcbusinessloans.com
Address
11102 57th St NE
Albertville, MN
Contact
(763) 424-5888
Fax (301) 639-0804
tyokom@financialsecuritybank.com
Address
11102 57th St NE
Albertville, MN
Contact
(763) 424-5888
Fax (301) 639-0804
tsirianni@financialsecuritybank.com
Address
11102 57th St NE
Albertville, MN
Contact
(763) 424-5888
Fax (301) 639-0804
rbauman@financialsecuritybank.com