Compare Today’s Refinance Rates for Windom, Minnesota 56101
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Windom, Minnesota 56101.
With a 30-year amortization refinance in Windom and surrounding areas of Cottonwood county, our calculations show that you can expect to save up to $3,643 over the lifetime of your mortgage, or a monthly savings of $10. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Windom, Minnesota 56101.
Summary of Average Refinances in Windom, Minnesota 56101
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Interactive Refinance Rate Projections for Windom, Minnesota 56101
Pureloan has developed an interactive chart to monitor the five largest local lenders in Windom, MN 56101, 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 Windom, Minnesota 56101 from 2024 - 2016
The following historical data provides insights into refinancing trends in Windom, Minnesota and the surrounding Cottonwood 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 | 64.29% | 56.17% | 48.70% | 48.31% | 62.87% | 63.89% | 46.74% | 49.03% | 50.00% |
avg refi rate | 6.17% | 3.67% | 2.95% | 3.27% | 4.14% | 4.48% | 4.10% | 3.86% | 4.01% |
% 15 year fixed refinance | 28.57% | 27.66% | 31.57% | 32.07% | 22.36% | 25.93% | 39.67% | 34.74% | 33.98% |
avg refi rate | 5.72% | 2.83% | 2.40% | 2.75% | 3.62% | 3.88% | 3.28% | 3.06% | 3.28% |
Avg credit score | 742.64 | 735.36 | 757.23 | 761.30 | 751.57 | 746.20 | 752.53 | 757.89 | 766.13 |
Avg LTV (loan to value) | 59.57% | 65.60% | 68.08% | 71.32% | 72.98% | 69.31% | 72.86% | 72.22% | 74.48% |
Avg DTI (debt to income) | 35.36 | 34.01 | 31.79 | 31.34 | 33.35 | 32.86 | 31.60 | 30.87 | 30.62 |
Avg refinance insurance % | 3.07% | 2.72% | 3.08% | 4.65% | 5.94% | 3.98% | 5.23% | 4.75% | 5.26% |
Best Refinance Brokers around Windom, Minnesota 56101
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Windom, Minnesota 56101, we have compiled a list of top refinance brokers to assist you in the process.
Angela Ray
Mortgage Loan Technician
300 Front Street PO Box 360
Russell, MN 56101
(507) 823-4391
ARay@fibmn.com
Carol Wixon
Vice President / Mortgage Banker
300 Front Street PO Box 360
Russell, MN 56101
(507) 823-4391
CWixon@fibmn.com
Heather Murphy
Loan Technician
300 Front Street PO Box 360
Russell, MN 56101
(507) 823-4391
HMurphy@fibmn.com
Holly Stelter
Mortgage Loan Technician
300 Front Street PO Box 360
Russell, MN 56101
(507) 823-4391
HStelter@fibmn.com
Jody Kruger
Loan Technician
300 Front Street PO Box 360
Russell, MN 56101
(507) 823-4391
JKruger@fibmn.com
Address
300 Front Street PO Box 360
Russell, MN
Contact
(507) 823-4391
Fax (301) 639-0804
ARay@fibmn.com
Address
300 Front Street PO Box 360
Russell, MN
Contact
(507) 823-4391
Fax (301) 639-0804
CWixon@fibmn.com
Address
300 Front Street PO Box 360
Russell, MN
Contact
(507) 823-4391
Fax (301) 639-0804
HMurphy@fibmn.com