Compare Today’s Refinance Rates for Gallup, New Mexico

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Gallup, New Mexico 87301. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Gallup and surrounding areas of Mckinley 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 Gallup, New Mexico 87301.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Gallup, New Mexico 87301

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Gallup, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Gallup, NM 87301, 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 Gallup, NM

Refinance Rates for Gallup, New Mexico 87301 from 2013 - 2020

Below are historical data on refinancing in Gallup, New Mexico and around Mckinley 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 Gallup, New Mexico 87301

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Gallup, New Mexico 87301, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Jeannie Millar

Loan Officer

221 W Aztec Ave

Gallup, NM 87301

(505) 722-6013

jeannie.miller@washingtonfederal.com

Address

221 W Aztec Ave

Gallup, NM

Contact

(505) 722-6013

Fax (301) 639-0804

jeannie.miller@washingtonfederal.com

Refinancing News for Gallup, New Mexico 87301