Compare Today’s Refinance Rates for Independence, Missouri 64057
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Independence, Missouri 64057.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $4,743 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Independence and other areas of Jackson county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Independence, Missouri 64057
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Interactive Refinance Rate Projections for Independence, Missouri 64057
Pureloan has developed an interactive chart to monitor the five largest local lenders in Independence, MO 64057, 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 Independence, Missouri 64057 from 2024 - 2016
The following historical data provides insights into refinancing trends in Independence, Missouri and the surrounding Jackson 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 | 91.67% | 55.66% | 57.83% | 60.08% | 62.59% | 61.65% | 48.62% | 48.26% | 48.26% |
avg refi rate | 6.50% | 3.63% | 2.98% | 3.29% | 4.14% | 4.55% | 4.16% | 3.96% | 4.12% |
% 15 year fixed refinance | 2.78% | 26.09% | 25.55% | 23.22% | 23.09% | 28.16% | 36.81% | 35.68% | 35.47% |
avg refi rate | 5.38% | 2.82% | 2.46% | 2.82% | 3.57% | 3.96% | 3.40% | 3.15% | 3.30% |
Avg credit score | 748.31 | 756.14 | 755.86 | 758.56 | 751.80 | 745.82 | 749.04 | 757.48 | 757.27 |
Avg LTV (loan to value) | 65.56% | 61.77% | 66.62% | 70.74% | 73.08% | 71.49% | 72.92% | 73.87% | 75.34% |
Avg DTI (debt to income) | 37.92 | 33.03 | 31.40 | 31.12 | 32.14 | 33.97 | 31.69 | 31.16 | 29.99 |
Avg refinance insurance % | 2.83% | 1.02% | 2.00% | 3.44% | 5.42% | 3.83% | 4.24% | 5.64% | 6.59% |
Best Refinance Brokers around Independence, Missouri 64057
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Independence, Missouri 64057, we have compiled a list of top refinance brokers to assist you in the process.
Chris Reickard
Mortgage Loan Originator
19045 E. Valley View Pkwy., Suite F
Independence, MO 64057
(816) 595-0665
chris@communitymortgagekc.com
Brenda Womack
Mortgage Loan Originator
19045 E. Valley View Pkwy., Suite F
Independence, MO 64057
(816) 595-0655
brenda@communitymortgagekc.com
Rachel Trask
Mortgage Loan Originator
19045 E. Valley View Pkwy., Suite F
Independence, MO 64057
(816) 595-0663
rachel@communitymortgagekc.com
Ed Baldwin
Mortgage Loan Originator
19045 E. Valley View Pkwy Suite F
Independence, MO 64057
(816) 694-0240
ed@communitymortgagekc.com
Kris Morgan
Mortgage Loan Originator
19045 E. Valley View Pkwy Suite F
Independence, MO 64057
(816) 668-5222
kris@communitymortgagekc.com
Address
19045 E. Valley View Pkwy., Suite F
Independence, MO
Contact
(816) 595-0665
Fax (301) 639-0804
chris@communitymortgagekc.com
Address
19045 E. Valley View Pkwy., Suite F
Independence, MO
Contact
(816) 595-0655
Fax (301) 639-0804
brenda@communitymortgagekc.com
Address
19045 E. Valley View Pkwy., Suite F
Independence, MO
Contact
(816) 595-0663
Fax (301) 639-0804
rachel@communitymortgagekc.com