Compare Today’s Refinance Rates for Cerrillos, New Mexico

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Cerrillos, New Mexico 87010. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Cerrillos and other areas of Santa Fe county, expected lifetime cash savings are $3,655 or $10 / month.

For Cerrillos, New Mexico 87010, 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 Cerrillos, New Mexico 87010

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Cerrillos, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Cerrillos, NM 87010, 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 Cerrillos, NM

Refinance Rates for Cerrillos, New Mexico 87010 from 2013 - 2020

Below are historical data on refinancing in Cerrillos, New Mexico and around Santa Fe 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 60.52% 49.79% 51.26% 53.75% 65.54% 63.43% 60.88% 61.19%
avg refi rate 4.87% 4.52% 3.90% 3.73% 4.49% 4.10% 3.90% 4.01%
% 15 year fixed refinance 28.22% 29.79% 31.03% 34.56% 25.84% 22.89% 25.59% 29.72%
avg refi rate 4.31% 3.77% 3.27% 3.01% 3.60% 3.32% 3.12% 3.18%
Avg credit score 762.92 763.78 766.84 761.93 746.71 753.88 754.85 752.02
Avg LTV (loan to value) 58.28% 61.01% 62.11% 64.17% 69.26% 69.80% 69.14% 68.87%
Avg DTI (debt to income) 33.28 32.66 33.23 32.85 35.30 34.58 35.15 34.47
Avg refinance insurance % 0.63% 0.95% 1.31% 1.77% 4.07% 4.33% 4.11% 3.64%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Cerrillos, New Mexico 87010

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Cerrillos, New Mexico 87010, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Maria Marez

Loan officer

601 Main St. Suite #22A

Los Lunas, NM 87010

(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

Refinancing News for Cerrillos, New Mexico 87010