Compare Today’s Refinance Rates for Newark, Missouri 63458
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Newark, Missouri 63458.
With a 30-year amortization refinance in Newark and surrounding areas of Shelby county, our calculations show that you can expect to save up to $4,014 over the lifetime of your mortgage, or a monthly savings of $11. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Newark, Missouri 63458.
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Summary of Average Refinances in Newark, Missouri 63458
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Newark, Missouri 63458
Pureloan has developed an interactive chart to monitor the five largest local lenders in Newark, MO 63458, 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 Newark, Missouri 63458 from 2024 - 2016
The following historical data provides insights into refinancing trends in Newark, Missouri and the surrounding Shelby 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 | 53.01% | 56.09% | 58.04% | 56.91% | 52.46% | 51.37% | 49.39% | 59.99% | |
avg refi rate | 3.94% | 3.88% | 4.07% | 4.53% | 3.72% | 3.92% | 4.46% | 4.80% | |
% 15 year fixed refinance | 34.14% | 28.04% | 25.94% | 30.62% | 34.91% | 29.12% | 31.68% | 26.19% | |
avg refi rate | 3.24% | 3.12% | 3.30% | 3.64% | 2.98% | 3.25% | 3.76% | 4.22% | |
Avg credit score | 756.95 | 759.34 | 759.43 | 753.30 | 767.17 | 771.08 | 767.40 | 766.88 | |
Avg LTV (loan to value) | 70.56% | 72.28% | 73.28% | 72.93% | 68.80% | 66.45% | 66.08% | 64.67% | |
Avg DTI (debt to income) | 31.33 | 30.97 | 30.84 | 31.28 | 28.95 | 28.22 | 28.86 | 28.62 | |
Avg refinance insurance % | 4.14% | 4.87% | 5.84% | 5.22% | 3.50% | 2.60% | 2.53% | 1.65% |
Best Refinance Brokers around Newark, Missouri 63458
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Newark, Missouri 63458, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Joel Booth
Loan Officer
201 N. Main
Palmyra, MO 63458
(573) 769-4897
jbooth@bankfm.com
April Baldwin
Senior Vice President, Chief Lending Officer
Hwy 24 & 36
Shelbina, MO 63458
(573) 588-7781
abaldwin@bankfm.com
Lori Watson
Loan Officers
Hwy 24 & 36
Shelbina, MO 63458
(573) 588-7781
lwatson@bankfm.com
Address
201 N. Main
Palmyra, MO
Contact
(573) 769-4897
Fax (301) 639-0804
jbooth@bankfm.com
Address
Hwy 24 & 36
Shelbina, MO
Contact
(573) 588-7781
Fax (301) 639-0804
abaldwin@bankfm.com
Address
Hwy 24 & 36
Shelbina, MO
Contact
(573) 588-7781
Fax (301) 639-0804
lwatson@bankfm.com