Compare Today’s Refinance Rates for Bynum, North Carolina 27228
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Bynum, North Carolina 27228.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $9,476 over the lifetime of your mortgage, which translates to a monthly savings of $26 in Bynum and other areas of Chatham 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 Bynum, North Carolina 27228
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Interactive Refinance Rate Projections for Bynum, North Carolina 27228
Pureloan has developed an interactive chart to monitor the five largest local lenders in Bynum, NC 27228, 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 Bynum, North Carolina 27228 from 2024 - 2016
The following historical data provides insights into refinancing trends in Bynum, North Carolina and the surrounding Chatham 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 | 90.91% | 54.52% | 52.32% | 47.44% | 65.37% | 52.35% | 42.75% | 50.72% | 60.52% |
avg refi rate | 6.38% | 3.60% | 3.03% | 3.29% | 4.30% | 4.49% | 4.08% | 3.95% | 4.06% |
% 15 year fixed refinance | 4.55% | 30.53% | 30.27% | 35.63% | 23.81% | 32.21% | 38.82% | 33.09% | 28.76% |
avg refi rate | 5.99% | 2.80% | 2.51% | 2.80% | 3.65% | 3.91% | 3.29% | 3.10% | 3.28% |
Avg credit score | 738.77 | 801.23 | 749.51 | 759.04 | 749.60 | 742.60 | 750.81 | 757.94 | 756.56 |
Avg LTV (loan to value) | 74.59% | 64.30% | 68.37% | 71.23% | 74.53% | 73.19% | 72.83% | 71.34% | 72.33% |
Avg DTI (debt to income) | 36.68 | 32.04 | 31.14 | 30.61 | 32.40 | 32.88 | 31.85 | 29.32 | 30.66 |
Avg refinance insurance % | 12.82% | 2.64% | 3.24% | 4.80% | 6.19% | 4.51% | 5.32% | 4.75% | 6.03% |
Best Refinance Brokers around Bynum, North Carolina 27228
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Bynum, North Carolina 27228, we have compiled a list of top refinance brokers to assist you in the process.
Deborah Huff
Mortgage Loan Officer
206 Alamance Rd
Burlington, NC 27228
(336) 260-0743
deb.huff@pncmortgage.com
KAREN LOWE
Home Mortgage Consultant
3332 S Church St
Burlington, NC 27228
(336) 584-4045
KAREN.LOWE@wellsfargo.com
DONALD STRADER
Home Mortgage Consultant
3332 S Church St
Burlington, NC 27228
(336) 584-4045
don.strader@wellsfargo.com
Mary Young
Loan Officer
2134 Crossing Way Ct Apt K
High Point, NC 27228
(336) 906-2767
maryanne.young@radian.biz
Sybil Cunard
Loan Officer
711 Westchester Dr Ste 101
High Point, NC 27228
(336) 841-1030
jskmortgageinc@aol.com
Address
206 Alamance Rd
Burlington, NC
Contact
(336) 260-0743
Fax (301) 639-0804
deb.huff@pncmortgage.com
Address
3332 S Church St
Burlington, NC
Contact
(336) 584-4045
Fax (301) 639-0804
KAREN.LOWE@wellsfargo.com
Address
3332 S Church St
Burlington, NC
Contact
(336) 584-4045
Fax (301) 639-0804
don.strader@wellsfargo.com