Compare Today’s Refinance Rates for Corrales, New Mexico

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Corrales, New Mexico 87048. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Corrales and surrounding areas of Sandoval county, your expected lifetime cash savings are $7,597 or $21 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Corrales, New Mexico 87048.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Corrales, New Mexico 87048

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Corrales, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Corrales, NM 87048, 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 Corrales, NM

Refinance Rates for Corrales, New Mexico 87048 from 2013 - 2020

Below are historical data on refinancing in Corrales, New Mexico and around Sandoval 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 Corrales, New Mexico 87048

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Corrales, New Mexico 87048, 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 87048

(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 Corrales, New Mexico 87048