Compare Today’s Refinance Rates for Locust, North Carolina 28097
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Locust, North Carolina 28097.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Locust, North Carolina 28097. For 30-year amortization refinancing, you can expect lifetime cash savings of $17,188 or $48 per month in Locust and other parts of Stanly county.
Summary of Average Refinances in Locust, North Carolina 28097
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Interactive Refinance Rate Projections for Locust, North Carolina 28097
Pureloan has developed an interactive chart to monitor the five largest local lenders in Locust, NC 28097, 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 Locust, North Carolina 28097 from 2024 - 2016
The following historical data provides insights into refinancing trends in Locust, North Carolina and the surrounding Stanly 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 | 80.77% | 56.87% | 60.98% | 59.85% | 60.39% | 58.56% | 49.06% | 55.63% | 59.02% |
| avg refi rate | 6.52% | 3.49% | 2.96% | 3.23% | 4.06% | 4.50% | 4.07% | 3.89% | 4.08% |
| % 15 year fixed refinance | 7.69% | 24.21% | 23.06% | 23.91% | 22.42% | 25.94% | 36.98% | 31.49% | 26.79% |
| avg refi rate | 5.38% | 2.66% | 2.40% | 2.78% | 3.54% | 3.85% | 3.25% | 3.08% | 3.30% |
| Avg credit score | 724.12 | 739.59 | 754.86 | 760.50 | 750.16 | 739.67 | 748.67 | 755.34 | 755.44 |
| Avg LTV (loan to value) | 66.12% | 58.10% | 65.88% | 70.03% | 72.57% | 68.45% | 70.82% | 73.16% | 74.66% |
| Avg DTI (debt to income) | 38.50 | 31.91 | 30.61 | 30.18 | 32.47 | 33.29 | 31.40 | 30.88 | 30.65 |
| Avg refinance insurance % | 4.19% | 0.86% | 2.15% | 3.70% | 4.53% | 2.54% | 3.52% | 5.16% | 6.05% |
Best Refinance Brokers around Locust, North Carolina 28097
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Locust, North Carolina 28097, we have compiled a list of top refinance brokers to assist you in the process.
Genene Watkins
Mortgage Broker
1300 Matthews Township Pkwy
Matthews, NC 28097
(704) 338-3992
genene.watkins@firstcitizens.com
William Roseberry
Senior Loan Officer
13480 E Independence Blvd
Matthews, NC 28097
(704) 821-4115
wroseberry@wrstarkey.com
Robertson Craig
Loan Officer
9801 Independence Pointe Pkwy
Matthews, NC 28097
(704) 905-1314
crobertson@mstarproperties.com
Jennifer Peil
Loan Orginator
1020 Crews Rd. Suite L6
Matthews, NC 28097
jennifer@scmortgageoptions.com
Alan Mayhew
Loan Officer
136 Bufflehead Dr
Mooresville, NC 28097
(704) 664-3611
Alan@Capitalmg.com
Address
1300 Matthews Township Pkwy
Matthews, NC
Contact
(704) 338-3992
Fax (301) 639-0804
genene.watkins@firstcitizens.com
Address
13480 E Independence Blvd
Matthews, NC
Contact
(704) 821-4115
Fax (301) 639-0804
wroseberry@wrstarkey.com
Address
9801 Independence Pointe Pkwy
Matthews, NC
Contact
(704) 905-1314
Fax (301) 639-0804
crobertson@mstarproperties.com