Compare Today’s Refinance Rates for Newton, Mississippi 39345
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Newton, Mississippi 39345.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Newton, Mississippi 39345. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,764 or $13 per month in Newton and other parts of Newton county.
32.324448
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Summary of Average Refinances in Newton, Mississippi 39345
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Newton, Mississippi 39345
Pureloan has developed an interactive chart to monitor the five largest local lenders in Newton, MS 39345, 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 Newton, Mississippi 39345 from 2024 - 2016
The following historical data provides insights into refinancing trends in Newton, Mississippi and the surrounding Newton 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 | 87.50% | 64.11% | 57.68% | 51.55% | 67.46% | 75.76% | 66.90% | 57.83% | 69.01% |
| avg refi rate | 6.29% | 3.89% | 2.98% | 3.33% | 4.24% | 4.51% | 4.08% | 3.95% | 4.09% |
| % 15 year fixed refinance | 6.25% | 17.70% | 25.00% | 29.43% | 21.89% | 15.15% | 22.54% | 32.53% | 25.15% |
| avg refi rate | 5.25% | 2.92% | 2.50% | 2.83% | 3.74% | 3.97% | 3.39% | 3.14% | 3.27% |
| Avg credit score | 752.69 | 735.31 | 751.74 | 753.60 | 744.01 | 740.80 | 737.79 | 743.11 | 743.26 |
| Avg LTV (loan to value) | 74.13% | 68.88% | 72.37% | 73.65% | 75.62% | 72.30% | 72.30% | 74.83% | 76.07% |
| Avg DTI (debt to income) | 36.94 | 33.76 | 31.91 | 31.27 | 33.70 | 33.80 | 32.72 | 31.32 | 31.74 |
| Avg refinance insurance % | 6.94% | 2.00% | 4.61% | 5.42% | 6.86% | 5.52% | 5.23% | 6.20% | 6.60% |
Best Refinance Brokers around Newton, Mississippi 39345
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Newton, Mississippi 39345, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Dan Derrington
Loan Officer
708 Azalea Dr
Waynesboro, MS 39345
(601) 696-2529
dderrington@firststatebnk.com
Address
708 Azalea Dr
Waynesboro, MS
Contact
(601) 696-2529
Fax (301) 639-0804
dderrington@firststatebnk.com