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.
Summary of Average Refinance Terms in Chapel Hill, North Carolina 27516
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Customized Refinance Rate Projections for Chapel Hill, NC
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.
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.
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