Compare Today’s Refinance Rates for Bayard, New Mexico

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Bayard, New Mexico 88023. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $2,260 or $6 / month in Bayard and other areas of Grant county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Bayard, New Mexico 88023.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Bayard, New Mexico 88023

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Bayard, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Bayard, NM 88023, 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 Bayard, NM

Refinance Rates for Bayard, New Mexico 88023 from 2013 - 2020

Below are historical data on refinancing in Bayard, New Mexico and around Grant 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 Bayard, New Mexico 88023

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Bayard, New Mexico 88023, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Mike

Loan Officer

1399 Via Norte

Las Cruces, NM 88023

(800) 441-6889

mike@mscfinancial.com

Richard Montoya

Home Mortgage Consultant

425 S Telshor Blvd Ste A

Las Cruces, NM 88023

(575) 521-6827

richard.montoya@wellsfargo.com

Eric Zottneck

Home Mortgage Consultant

425 S Telshor Blvd Ste A

Las Cruces, NM 88023

(575) 521-6827

eric.zottneck@wellsfargo.com

Frederick Mobley

Home Mortgage Consultant

425 S Telshor Blvd Ste A

Las Cruces, NM 88023

(575) 521-6827

frederick.mobley@wellsfargo.com

Terry Melon

Loan Officer

530 N Telshor Blvd Ste G

Las Cruces, NM 88023

(575) 522-1507

terry.m@bank34online.com

Address

1399 Via Norte

Las Cruces, NM

Contact

(800) 441-6889

Fax (301) 639-0804

mike@mscfinancial.com

Address

425 S Telshor Blvd Ste A

Las Cruces, NM

Contact

(575) 521-6827

Fax (301) 639-0804

richard.montoya@wellsfargo.com

Address

425 S Telshor Blvd Ste A

Las Cruces, NM

Contact

(575) 521-6827

Fax (301) 639-0804

eric.zottneck@wellsfargo.com

Refinancing News for Bayard, New Mexico 88023