Compare Today’s Refinance Rates for Alto, New Mexico

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Alto, New Mexico 88312. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Alto and surrounding areas of Lincoln county, your expected lifetime cash savings are $6,475 or $18 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Alto, New Mexico 88312.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Alto, New Mexico 88312

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Alto, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Alto, NM 88312, 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 Alto, NM

Refinance Rates for Alto, New Mexico 88312 from 2013 - 2020

Below are historical data on refinancing in Alto, New Mexico and around Lincoln 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 Alto, New Mexico 88312

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Alto, New Mexico 88312, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Therese Murray

Loan Officer

414 10th St

Alamogordo, NM 88312

(575) 437-4880

theresa.murray@fnbalamo.com

John Marquardt

Loan Officer

414 10th St

Alamogordo, NM 88312

(505) 439-0011

jmarquardt@1stfed.net

Lee Bain

Loan Officer

500 10th St Ste 201

Alamogordo, NM 88312

(575) 437-9334

leeann.b@bank34online.com

Danielle Alpers

Loan officer

307 11Th St.

Alamogordo, NM 88312

(505) 353-5931

dani.alpers@gatewayloan.com

Heather Jones

Loan officer

1100 New York Avenue, Suite C

Alamogordo, NM 88312

(575) 448-6002

hjones@homeownersfg.com

Address

414 10th St

Alamogordo, NM

Contact

(575) 437-4880

Fax (301) 639-0804

theresa.murray@fnbalamo.com

Address

414 10th St

Alamogordo, NM

Contact

(505) 439-0011

Fax (301) 639-0804

jmarquardt@1stfed.net

Address

500 10th St Ste 201

Alamogordo, NM

Contact

(575) 437-9334

Fax (301) 639-0804

leeann.b@bank34online.com

Refinancing News for Alto, New Mexico 88312