Compare Today’s Refinance Rates for Concord, North Carolina
Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Concord, North Carolina 28025. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Concord and other areas of Cabarrus county, expected lifetime cash savings are $8,357 or $23 / month.
For Concord, North Carolina 28025, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.
Summary of Average Refinance Terms in Concord, North Carolina 28025
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Customized Refinance Rate Projections for Concord, NC
For refinance rate forecasts and predictions in Concord, NC 28025, 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 Concord, North Carolina 28025 from 2014 - 2021
Below are historical data on refinancing in Concord, North Carolina and around Cabarrus 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 | 58.94% | 48.28% | 48.05% | 55.50% | 56.80% | 57.36% | 55.40% | 48.46% |
| avg refi rate | 4.81% | 4.51% | 3.91% | 3.70% | 4.50% | 4.06% | 3.89% | 3.95% |
| % 15 year fixed refinance | 27.51% | 32.11% | 33.71% | 31.93% | 31.44% | 26.89% | 29.02% | 34.96% |
| avg refi rate | 4.22% | 3.74% | 3.22% | 2.98% | 3.53% | 3.26% | 3.07% | 3.08% |
| Avg credit score | 768.10 | 769.35 | 771.07 | 765.85 | 751.88 | 758.14 | 755.64 | 752.79 |
| Avg LTV (loan to value) | 63.08% | 64.03% | 65.38% | 68.14% | 72.18% | 73.31% | 72.45% | 70.15% |
| Avg DTI (debt to income) | 30.62 | 30.31 | 30.02 | 29.84 | 32.72 | 31.65 | 31.87 | 32.22 |
| Avg refinance insurance % | 1.38% | 2.00% | 1.79% | 3.36% | 5.37% | 5.83% | 5.06% | 3.64% |
Data produced from the Financial Report of the US Government
Best Refinance Brokers Around Concord, North Carolina 28025
Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Concord, North Carolina 28025, we have compiled a list of the leading refinance brokers to guide you.
Terry Whitesell
Sr. Mortgage Planner
845 Church St. North, Suite 207
Concord, NC 28025
(704) 707-3690
twhitesell@fairwaync.com
Bruce Lawing
Sr. Mortgage Planner
845 Church St. North, Suite 207
Concord, NC 28025
(704) 707-3690
blawing@fairwaync.com
Rudy King
Sr. Mortgage Planner
845 Church St. North, Suite 207
Concord, NC 28025
(704) 707-3690
rking@fairwaync.com
Jeff Gilmore
Sr. Mortgage Planner
845 Church St. North, Suite 207
Concord, NC 28025
(704) 707-3690
jgilmore@fairwaync.com
Brian Floyd
Sr. Mortgage Planner
845 Church St. North, Suite 207
Concord, NC 28025
(704) 707-3690
bfloyd@fairwaync.com
Address
845 Church St. North, Suite 207
Concord, NC
Contact
(704) 707-3690
Fax (301) 639-0804
twhitesell@fairwaync.com
Address
845 Church St. North, Suite 207
Concord, NC
Contact
(704) 707-3690
Fax (301) 639-0804
blawing@fairwaync.com
Address
845 Church St. North, Suite 207
Concord, NC
Contact
(704) 707-3690
Fax (301) 639-0804
rking@fairwaync.com