Compare Today’s Refinance Rates for Deming, New Mexico 88030
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Deming, New Mexico 88030.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Deming, New Mexico 88030. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,014 or $11 per month in Deming and other parts of Luna county.
Summary of Average Refinances in Deming, New Mexico 88030
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Interactive Refinance Rate Projections for Deming, New Mexico 88030
Pureloan has developed an interactive chart to monitor the five largest local lenders in Deming, NM 88030, 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 Deming, New Mexico 88030 from 2024 - 2016
The following historical data provides insights into refinancing trends in Deming, New Mexico and the surrounding Luna 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 | 82.61% | 62.32% | 56.74% | 57.48% | 67.96% | 53.16% | 57.94% | 50.41% | 54.05% |
avg refi rate | 6.50% | 4.02% | 2.97% | 3.29% | 4.35% | 4.64% | 4.21% | 4.08% | 4.10% |
% 15 year fixed refinance | 13.04% | 22.22% | 30.41% | 29.13% | 19.42% | 32.91% | 32.71% | 38.84% | 34.23% |
avg refi rate | 5.83% | 2.82% | 2.50% | 2.79% | 3.77% | 3.87% | 3.40% | 3.29% | 3.49% |
Avg credit score | 756.83 | 738.52 | 748.14 | 755.39 | 746.98 | 745.38 | 749.08 | 753.36 | 758.58 |
Avg LTV (loan to value) | 60.13% | 62.43% | 67.61% | 72.04% | 72.62% | 71.80% | 75.17% | 73.26% | 72.18% |
Avg DTI (debt to income) | 33.96 | 33.35 | 32.00 | 31.95 | 32.22 | 32.70 | 32.47 | 32.31 | 31.74 |
Avg refinance insurance % | 0.52% | 1.19% | 2.11% | 3.74% | 5.63% | 4.65% | 5.51% | 5.79% | 7.04% |
Best Refinance Brokers around Deming, New Mexico 88030
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Deming, New Mexico 88030, we have compiled a list of top refinance brokers to assist you in the process.
Mike
Loan Officer
1399 Via Norte
Las Cruces, NM 88030
(800) 441-6889
mike@mscfinancial.com
Richard Montoya
Home Mortgage Consultant
425 S Telshor Blvd Ste A
Las Cruces, NM 88030
(575) 521-6827
richard.montoya@wellsfargo.com
Eric Zottneck
Home Mortgage Consultant
425 S Telshor Blvd Ste A
Las Cruces, NM 88030
(575) 521-6827
eric.zottneck@wellsfargo.com
Frederick Mobley
Home Mortgage Consultant
425 S Telshor Blvd Ste A
Las Cruces, NM 88030
(575) 521-6827
frederick.mobley@wellsfargo.com
Terry Melon
Loan Officer
530 N Telshor Blvd Ste G
Las Cruces, NM 88030
(575) 522-1507
terry.m@bank34online.com
Address
1399 Via Norte
Las Cruces, NM
Contact
(800) 441-6889
Fax (301) 639-0804
mike@mscfinancial.com
Address
425 S Telshor Blvd Ste A
Las Cruces, NM
Contact
(575) 521-6827
Fax (301) 639-0804
richard.montoya@wellsfargo.com
Address
425 S Telshor Blvd Ste A
Las Cruces, NM
Contact
(575) 521-6827
Fax (301) 639-0804
eric.zottneck@wellsfargo.com