Compare Today’s Refinance Rates for Norman, North Carolina 28367
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Norman, North Carolina 28367.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $12,453 over the lifetime of your mortgage, which translates to a monthly savings of $35 in Norman and other areas of Richmond county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Norman, North Carolina 28367
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Interactive Refinance Rate Projections for Norman, North Carolina 28367
Pureloan has developed an interactive chart to monitor the five largest local lenders in Norman, NC 28367, 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 Norman, North Carolina 28367 from 2024 - 2016
The following historical data provides insights into refinancing trends in Norman, North Carolina and the surrounding Richmond 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 | 84.85% | 57.07% | 50.35% | 51.85% | 58.46% | 64.62% | 47.66% | 52.53% | 52.69% |
avg refi rate | 6.64% | 3.80% | 3.04% | 3.38% | 4.44% | 4.63% | 4.19% | 4.02% | 4.15% |
% 15 year fixed refinance | 6.06% | 27.02% | 34.08% | 34.07% | 30.77% | 28.21% | 36.33% | 35.13% | 31.90% |
avg refi rate | 4.81% | 2.84% | 2.53% | 2.88% | 3.83% | 3.84% | 3.43% | 3.27% | 3.39% |
Avg credit score | 731.24 | 740.15 | 748.08 | 771.61 | 743.91 | 740.84 | 746.77 | 748.10 | 749.15 |
Avg LTV (loan to value) | 68.55% | 63.76% | 67.80% | 71.95% | 74.00% | 70.76% | 71.20% | 73.36% | 72.58% |
Avg DTI (debt to income) | 38.58 | 33.74 | 32.78 | 32.06 | 34.72 | 34.49 | 33.09 | 33.57 | 31.87 |
Avg refinance insurance % | 5.15% | 2.19% | 3.33% | 5.65% | 6.67% | 4.71% | 4.03% | 5.88% | 5.41% |
Best Refinance Brokers around Norman, North Carolina 28367
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Norman, North Carolina 28367, we have compiled a list of top refinance brokers to assist you in the process.
Lee County
Mortgage Broker
105 Aviemore Dr
Pinehurst, NC 28367
(910) 215-5839
cori.waldschmidt@firstcitizens.com
Mellisa Holt
Mortgage Loan Officer
116 S Lee St
Rockingham, NC 28367
(910) 215-2587
mmholt@bbandt.com
Tanya Bridgers-zoppi
Mortgage Loan Officer
50 Aviemore Dr
Pinehurst, NC 28367
(910) 215-2587
tzoppi@bbandt.com
Eric Ceneskie
Loan Officer
100 Magnolia Rdste. 2233
Pinehurst, NC 28367
(843) 449-2250
eceneskie@alcovamortgage.com
Sherry Shepherd
Branch Manager
100 Magnolia Rdste. 2233
Pinehurst, NC 28367
(843) 449-2250
sshepherd@alcovamortgage.com
Address
105 Aviemore Dr
Pinehurst, NC
Contact
(910) 215-5839
Fax (301) 639-0804
cori.waldschmidt@firstcitizens.com
Address
116 S Lee St
Rockingham, NC
Contact
(910) 215-2587
Fax (301) 639-0804
mmholt@bbandt.com
Address
50 Aviemore Dr
Pinehurst, NC
Contact
(910) 215-2587
Fax (301) 639-0804
tzoppi@bbandt.com