Compare Today’s Refinance Rates for Bernalillo, New Mexico 87004
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Bernalillo, New Mexico 87004.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Bernalillo, New Mexico 87004. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,755 or $13 per month in Bernalillo and other parts of Sandoval county.
35.328506
-106.530873
36684
Summary of Average Refinances in Bernalillo, New Mexico 87004
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Bernalillo, New Mexico 87004
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Bernalillo, New Mexico 87004
Pureloan has developed an interactive chart to monitor the five largest local lenders in Bernalillo, NM 87004, 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 Bernalillo, New Mexico 87004 from 2024 - 2016
The following historical data provides insights into refinancing trends in Bernalillo, New Mexico and the surrounding Sandoval 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 | 100.00% | 53.90% | 58.54% | 59.42% | 72.12% | 71.83% | 56.78% | 66.10% | 64.00% |
avg refi rate | 6.25% | 3.74% | 3.03% | 3.38% | 4.27% | 4.55% | 4.17% | 3.92% | 4.11% |
% 15 year fixed refinance | 31.91% | 25.72% | 26.61% | 17.31% | 19.72% | 38.98% | 26.27% | 22.00% | |
avg refi rate | 2.83% | 2.50% | 2.85% | 3.72% | 3.82% | 3.32% | 3.19% | 3.28% | |
Avg credit score | 736.60 | 814.35 | 751.66 | 759.41 | 750.57 | 737.14 | 750.94 | 759.10 | 747.84 |
Avg LTV (loan to value) | 67.40% | 58.89% | 64.97% | 68.83% | 67.24% | 69.58% | 68.17% | 70.53% | 70.11% |
Avg DTI (debt to income) | 33.00 | 32.00 | 30.96 | 30.93 | 32.87 | 34.39 | 31.66 | 32.68 | 32.68 |
Avg refinance insurance % | 6.00% | 0.69% | 1.95% | 3.01% | 4.13% | 3.62% | 3.46% | 4.32% | 3.68% |
Best Refinance Brokers around Bernalillo, New Mexico 87004
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Bernalillo, New Mexico 87004, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Maria Marez
Loan officer
601 Main St. Suite #22A
Los Lunas, NM 87004
(505) 565-5474
mmarez@loansimple.com
Address
601 Main St. Suite #22A
Los Lunas, NM
Contact
(505) 565-5474
Fax (301) 639-0804
mmarez@loansimple.com