Compare Today’s Refinance Rates for Carlsbad, New Mexico 88220
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Carlsbad, New Mexico 88220.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $2,416 over the lifetime of your mortgage, which translates to a monthly savings of $7 in Carlsbad and other areas of Chaves county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Carlsbad, New Mexico 88220
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Interactive Refinance Rate Projections for Carlsbad, New Mexico 88220
Pureloan has developed an interactive chart to monitor the five largest local lenders in Carlsbad, NM 88220, 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 Carlsbad, New Mexico 88220 from 2024 - 2016
The following historical data provides insights into refinancing trends in Carlsbad, New Mexico and the surrounding Chaves 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 | 75.00% | 64.81% | 58.71% | 46.83% | 62.96% | 62.07% | 47.73% | 64.00% | 53.85% |
avg refi rate | 6.79% | 3.71% | 3.00% | 3.38% | 4.36% | 4.70% | 4.43% | 4.05% | 4.09% |
% 15 year fixed refinance | 16.67% | 28.86% | 37.30% | 18.52% | 34.48% | 45.45% | 32.00% | 28.21% | |
avg refi rate | 2.72% | 2.43% | 2.89% | 3.97% | 4.00% | 3.52% | 3.35% | 3.36% | |
Avg credit score | 740.00 | 742.93 | 759.04 | 763.79 | 759.15 | 745.38 | 744.41 | 747.20 | 762.05 |
Avg LTV (loan to value) | 70.75% | 63.81% | 65.53% | 67.56% | 62.78% | 66.21% | 66.00% | 70.62% | 68.72% |
Avg DTI (debt to income) | 38.00 | 34.20 | 32.67 | 33.22 | 36.70 | 34.79 | 34.95 | 32.74 | 28.46 |
Avg refinance insurance % | 3.00% | 1.81% | 2.10% | 2.56% | 2.04% | 2.52% | 2.09% | 4.78% | 3.46% |
Best Refinance Brokers around Carlsbad, New Mexico 88220
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Carlsbad, New Mexico 88220, we have compiled a list of top refinance brokers to assist you in the process.
Patty Boulware
Loan officer
111 N. Canal Street
Carlsbad, NM 88220
(575) 885-7463
pboulware@pioneerbnk.com
Brenda Bryant
Loan Officer
1819 N Turner St Ste J
Hobbs, NM 88220
(575) 393-0828
brenda.bryant@englending.com
Jayson Kringel
Loan officer
1017 N Turner
Hobbs, NM 88220
(575) 397-6664
jayson.kringel@lcsb.com
Amber Fisher
Loan officer
1020 N. Turner
Hobbs, NM 88220
(575) 391-5806
afisher@pioneerbnk.com
Rebecca Underation
Loan officer
306 N. Pennsylvania
Roswell, NM 88220
(575) 624-5221
bunderation@pioneerbnk.com
Address
111 N. Canal Street
Carlsbad, NM
Contact
(575) 885-7463
Fax (301) 639-0804
pboulware@pioneerbnk.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