Compare Today’s Refinance Rates for Alamogordo, New Mexico

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Alamogordo, New Mexico 88311. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Alamogordo and other areas of Otero county, expected lifetime cash savings are $4,571 or $13 / month.

For Alamogordo, New Mexico 88311, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Alamogordo, New Mexico 88311

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Alamogordo, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Alamogordo, NM 88311, 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.

Local Refinance Rates for Alamogordo, NM

Refinance Rates for Alamogordo, New Mexico 88311 from 2013 - 2020

Below are historical data on refinancing in Alamogordo, New Mexico and around Otero county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 44.90% 37.06% 42.21% 44.24% 43.62% 51.80% 43.77% 39.93%
avg refi rate 4.86% 4.50% 3.85% 3.68% 4.53% 4.06% 3.85% 3.94%
% 15 year fixed refinance 39.41% 43.07% 41.26% 42.88% 43.79% 35.93% 41.40% 43.34%
avg refi rate 4.25% 3.76% 3.24% 2.94% 3.53% 3.22% 2.99% 3.11%
Avg credit score 767.92 769.13 771.22 766.77 750.30 759.26 760.14 756.23
Avg LTV (loan to value) 60.75% 62.06% 64.61% 66.32% 71.18% 72.23% 70.35% 68.73%
Avg DTI (debt to income) 31.23 31.53 30.89 31.48 33.87 33.32 33.15 34.05
Avg refinance insurance % 0.76% 0.87% 1.39% 2.54% 4.57% 5.17% 3.58% 2.84%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Alamogordo, New Mexico 88311

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Alamogordo, New Mexico 88311, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Nathan Stringfield

Loan officer

500 E. 10Th St.

Alamogordo, NM 88311

(575) 437-9334

nathan.s@bank34.com

Heather Jones

Loan officer

1100 New York Avenue, Suite C

Alamogordo, NM 88311

(575) 448-6002

hjones@homeownersfg.com

Danielle Alpers

Loan officer

307 11Th St.

Alamogordo, NM 88311

(505) 353-5931

dani.alpers@gatewayloan.com

Lee Bain

Loan Officer

500 10th St Ste 201

Alamogordo, NM 88311

(575) 437-9334

leeann.b@bank34online.com

John Marquardt

Loan Officer

414 10th St

Alamogordo, NM 88311

(505) 439-0011

jmarquardt@1stfed.net

Address

500 E. 10Th St.

Alamogordo, NM

Contact

(575) 437-9334

Fax (301) 639-0804

nathan.s@bank34.com

Address

1100 New York Avenue, Suite C

Alamogordo, NM

Contact

(575) 448-6002

Fax (301) 639-0804

hjones@homeownersfg.com

Address

307 11Th St.

Alamogordo, NM

Contact

(505) 353-5931

Fax (301) 639-0804

dani.alpers@gatewayloan.com

Refinancing News for Alamogordo, New Mexico 88311