Compare Today’s Refinance Rates for Caprock, New Mexico

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Caprock, New Mexico 88213. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Caprock and other areas of Lea county, expected lifetime cash savings are $5,421 or $15 / month.

For Caprock, New Mexico 88213, 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 Caprock, New Mexico 88213

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Caprock, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Caprock, NM 88213, 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 Caprock, NM

Refinance Rates for Caprock, New Mexico 88213 from 2013 - 2020

Below are historical data on refinancing in Caprock, New Mexico and around Lea 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 Caprock, New Mexico 88213

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Caprock, New Mexico 88213, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Cori Savage

Loan officer

303 W. Main Street

Artesia, NM 88213

(575) 746-8041

csavage@firstamb.com

Brenda Bryant

Loan Officer

1819 N Turner St Ste J

Hobbs, NM 88213

(575) 393-0828

brenda.bryant@englending.com

Jayson Kringel

Loan officer

1017 N Turner

Hobbs, NM 88213

(575) 397-6664

jayson.kringel@lcsb.com

Amber Fisher

Loan officer

1020 N. Turner

Hobbs, NM 88213

(575) 391-5806

afisher@pioneerbnk.com

Rebecca Underation

Loan officer

306 N. Pennsylvania

Roswell, NM 88213

(575) 624-5221

bunderation@pioneerbnk.com

Address

303 W. Main Street

Artesia, NM

Contact

(575) 746-8041

Fax (301) 639-0804

csavage@firstamb.com

Address

1819 N Turner St Ste J

Hobbs, NM

Contact

(575) 393-0828

Fax (301) 639-0804

brenda.bryant@englending.com

Address

1017 N Turner

Hobbs, NM

Contact

(575) 397-6664

Fax (301) 639-0804

jayson.kringel@lcsb.com

Refinancing News for Caprock, New Mexico 88213