Compare Today’s Refinance Rates for Chapel Hill, North Carolina

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Chapel Hill, North Carolina 27516. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Chapel Hill and surrounding areas of Orange county, your expected lifetime cash savings are $12,318 or $34 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Chapel Hill, North Carolina 27516.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Chapel Hill, North Carolina 27516

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Chapel Hill, NC

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Chapel Hill, NC 27516, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Chapel Hill, NC

Refinance Rates for Chapel Hill, North Carolina 27516 from 2014 - 2021

Below are historical data on refinancing in Chapel Hill, North Carolina and around Orange county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 54.40% 48.32% 46.47% 51.58% 59.80% 59.31% 58.12% 51.30%
avg refi rate 4.76% 4.48% 3.89% 3.73% 4.50% 4.09% 3.89% 3.94%
% 15 year fixed refinance 28.23% 29.68% 32.74% 31.15% 27.45% 21.86% 22.82% 33.07%
avg refi rate 4.19% 3.76% 3.19% 2.94% 3.55% 3.23% 3.10% 3.14%
Avg credit score 765.73 764.15 768.23 763.04 748.51 754.02 751.65 748.17
Avg LTV (loan to value) 65.04% 65.14% 66.97% 68.22% 74.08% 73.46% 73.47% 71.50%
Avg DTI (debt to income) 30.62 30.89 30.56 30.42 32.41 32.55 32.15 33.21
Avg refinance insurance % 1.38% 1.52% 2.25% 3.39% 6.38% 6.58% 5.30% 4.52%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Chapel Hill, North Carolina 27516

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Chapel Hill, North Carolina 27516, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Daniel Shedrick

Mortgage Consultant

1520 E. Franklin Street

Chapel Hill, NC 27516

(919) 869-1106

daniel.shedrick@phmloans.com

Daniel Shedrick

Mortgage Consultants

1520 E. Franklin Street

Chapel Hill, NC 27516

(919) 869-1106

dshedrick@fmlending.com

Jennifer Foster

Mortgage Loan Originators

1516 E. Franklin Street

Chapel Hill, NC 27516

(919) 932-2550

jenniferfoster@localfirstbank.com

Chris Zellman

Loan Officer

1414 Raleigh Rd Ste 330

Chapel Hill, NC 27516

(919) 929-6116

czellman@cimginc.com

Richard Warren

Loan Officer

1414 Raleigh Rd Ste 330

Chapel Hill, NC 27516

(919) 929-6116

rwarren@cimginc.com

Address

1520 E. Franklin Street

Chapel Hill, NC

Contact

(919) 869-1106

Fax (301) 639-0804

daniel.shedrick@phmloans.com

Address

1520 E. Franklin Street

Chapel Hill, NC

Contact

(919) 869-1106

Fax (301) 639-0804

dshedrick@fmlending.com

Address

1516 E. Franklin Street

Chapel Hill, NC

Contact

(919) 932-2550

Fax (301) 639-0804

jenniferfoster@localfirstbank.com

Refinancing News for Chapel Hill, North Carolina 27516