Compare Today’s Refinance Rates for Kannapolis, North Carolina
Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Kannapolis, North Carolina 28081. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $5,257 or $15 / month in Kannapolis and other areas of Cabarrus county.
Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Kannapolis, North Carolina 28081.
Summary of Average Refinance Terms in Kannapolis, North Carolina 28081
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Customized Refinance Rate Projections for Kannapolis, NC
For refinance rate forecasts and predictions in Kannapolis, NC 28081, 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 Kannapolis, North Carolina 28081 from 2014 - 2021
Below are historical data on refinancing in Kannapolis, 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 Kannapolis, North Carolina 28081
Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Kannapolis, North Carolina 28081, we have compiled a list of the leading refinance brokers to guide you.
Christine Evans
Loan Processor
338 Oak Avenue Mall Dr
Kannapolis, NC 28081
(855) 786-5695
caevans@castlecooke.com
Wilma Parker
Loan Officer
338 Oak Avenue Mall Dr
Kannapolis, NC 28081
(855) 872-4170
wparker@castlecooke.com
Suzi Branch
Branch Manager
338 Oak Avenue Mall Dr
Kannapolis, NC 28081
(855) 872-4170
sbranch@castlecooke.com
Lisa Ledbetter
Branch Manager, Vice President
105 N Main St
Landis, NC 28081
(704) 857-7277
lisa.ledbetter@bankofthecarolinas.com
Address
338 Oak Avenue Mall Dr
Kannapolis, NC
Contact
(855) 786-5695
Fax (301) 639-0804
caevans@castlecooke.com
Address
338 Oak Avenue Mall Dr
Kannapolis, NC
Contact
(855) 872-4170
Fax (301) 639-0804
wparker@castlecooke.com
Address
338 Oak Avenue Mall Dr
Kannapolis, NC
Contact
(855) 872-4170
Fax (301) 639-0804
sbranch@castlecooke.com