Compare Today’s Refinance Rates for Saxapahaw, North Carolina 27340
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Saxapahaw, North Carolina 27340.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $15,863 over the lifetime of your mortgage, which translates to a monthly savings of $44 in Saxapahaw and other areas of Alamance 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 Saxapahaw, North Carolina 27340
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Interactive Refinance Rate Projections for Saxapahaw, North Carolina 27340
Pureloan has developed an interactive chart to monitor the five largest local lenders in Saxapahaw, NC 27340, 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 Saxapahaw, North Carolina 27340 from 2024 - 2016
The following historical data provides insights into refinancing trends in Saxapahaw, North Carolina and the surrounding Alamance 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 | 90.91% | 54.52% | 52.32% | 47.44% | 65.37% | 52.35% | 42.75% | 50.72% | 60.52% |
| avg refi rate | 6.38% | 3.60% | 3.03% | 3.29% | 4.30% | 4.49% | 4.08% | 3.95% | 4.06% |
| % 15 year fixed refinance | 4.55% | 30.53% | 30.27% | 35.63% | 23.81% | 32.21% | 38.82% | 33.09% | 28.76% |
| avg refi rate | 5.99% | 2.80% | 2.51% | 2.80% | 3.65% | 3.91% | 3.29% | 3.10% | 3.28% |
| Avg credit score | 738.77 | 801.23 | 749.51 | 759.04 | 749.60 | 742.60 | 750.81 | 757.94 | 756.56 |
| Avg LTV (loan to value) | 74.59% | 64.30% | 68.37% | 71.23% | 74.53% | 73.19% | 72.83% | 71.34% | 72.33% |
| Avg DTI (debt to income) | 36.68 | 32.04 | 31.14 | 30.61 | 32.40 | 32.88 | 31.85 | 29.32 | 30.66 |
| Avg refinance insurance % | 12.82% | 2.64% | 3.24% | 4.80% | 6.19% | 4.51% | 5.32% | 4.75% | 6.03% |
Best Refinance Brokers around Saxapahaw, North Carolina 27340
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Saxapahaw, North Carolina 27340, we have compiled a list of top refinance brokers to assist you in the process.
Chris Awtrey
Mortgage Loan Specialist
110 E Beaver St
Siler City, NC 27340
(919) 742-2189
cawtrey@carolinacountrymortgages.com
Penny Stallings
Mortgage Loan Officer
501 N 2nd Ave
Siler City, NC 27340
(919) 542-5377
pstallings@bbandt.com
Linda Roberts
Loan Officer
148 East St
Pittsboro, NC 27340
(919) 545-3000
linda@carolinahomemortgage.com
Erica Sanders
Loan Officer
148 East St
Pittsboro, NC 27340
(919) 545-3000
erica@carolinahomemortgage.com
Sylena Allen
Loan Officer
8050 Fogleman Rd
Oak Ridge, NC 27340
(336) 644-7174
sallen@bankofoakridge.com
Address
110 E Beaver St
Siler City, NC
Contact
(919) 742-2189
Fax (301) 639-0804
cawtrey@carolinacountrymortgages.com
Address
501 N 2nd Ave
Siler City, NC
Contact
(919) 542-5377
Fax (301) 639-0804
pstallings@bbandt.com
Address
148 East St
Pittsboro, NC
Contact
(919) 545-3000
Fax (301) 639-0804
linda@carolinahomemortgage.com