Compare Today’s Refinance Rates for Cloudcroft, New Mexico

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Cloudcroft, New Mexico 88317. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Cloudcroft and surrounding areas of Otero county, your expected lifetime cash savings are $5,782 or $16 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Cloudcroft, New Mexico 88317.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Cloudcroft, New Mexico 88317

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Cloudcroft, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Cloudcroft, NM 88317, 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 Cloudcroft, NM

Refinance Rates for Cloudcroft, New Mexico 88317 from 2013 - 2020

Below are historical data on refinancing in Cloudcroft, New Mexico and around Otero 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 Cloudcroft, New Mexico 88317

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Cloudcroft, New Mexico 88317, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Therese Murray

Loan Officer

414 10th St

Alamogordo, NM 88317

(575) 437-4880

theresa.murray@fnbalamo.com

John Marquardt

Loan Officer

414 10th St

Alamogordo, NM 88317

(505) 439-0011

jmarquardt@1stfed.net

Lee Bain

Loan Officer

500 10th St Ste 201

Alamogordo, NM 88317

(575) 437-9334

leeann.b@bank34online.com

Nathan Thomas

Owner/Broker

1123 Mechem Dr

Ruidoso, NM 88317

(575) 258-1316

nathan@ruidosomortgage.com

Becky Kesterson

loan officer

1850 Sudderth Drive

Ruidoso, NM 88317

(575) 257-2265

bkesterson@citybankonline.com

Address

414 10th St

Alamogordo, NM

Contact

(575) 437-4880

Fax (301) 639-0804

theresa.murray@fnbalamo.com

Address

414 10th St

Alamogordo, NM

Contact

(505) 439-0011

Fax (301) 639-0804

jmarquardt@1stfed.net

Address

500 10th St Ste 201

Alamogordo, NM

Contact

(575) 437-9334

Fax (301) 639-0804

leeann.b@bank34online.com

Refinancing News for Cloudcroft, New Mexico 88317