Compare Today’s Refinance Rates for Hernandez, New Mexico 87537
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Hernandez, New Mexico 87537.
With a 30-year amortization refinance in Hernandez and surrounding areas of Rio Arriba county, our calculations show that you can expect to save up to $5,108 over the lifetime of your mortgage, or a monthly savings of $14. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Hernandez, New Mexico 87537.
Summary of Average Refinances in Hernandez, New Mexico 87537
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Interactive Refinance Rate Projections for Hernandez, New Mexico 87537
Pureloan has developed an interactive chart to monitor the five largest local lenders in Hernandez, NM 87537, 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 Hernandez, New Mexico 87537 from 2024 - 2016
The following historical data provides insights into refinancing trends in Hernandez, New Mexico and the surrounding Rio Arriba 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 | 77.78% | 57.14% | 64.75% | 64.95% | 65.52% | 70.09% | 64.36% | 63.68% | 61.84% |
| avg refi rate | 6.61% | 3.57% | 2.96% | 3.24% | 4.11% | 4.50% | 4.00% | 3.88% | 4.14% |
| % 15 year fixed refinance | 22.22% | 22.38% | 23.04% | 21.93% | 23.15% | 19.63% | 29.21% | 27.35% | 28.95% |
| avg refi rate | 6.06% | 2.69% | 2.46% | 2.87% | 3.57% | 3.85% | 3.38% | 3.22% | 3.37% |
| Avg credit score | 728.33 | 796.88 | 764.20 | 769.25 | 759.41 | 741.97 | 761.61 | 757.76 | 758.34 |
| Avg LTV (loan to value) | 53.22% | 53.31% | 57.27% | 62.14% | 62.21% | 60.48% | 63.86% | 66.40% | 65.28% |
| Avg DTI (debt to income) | 32.00 | 33.36 | 31.79 | 31.43 | 32.72 | 34.43 | 33.22 | 33.74 | 33.03 |
| Avg refinance insurance % | 3.33% | 1.24% | 1.04% | 1.56% | 1.74% | 1.55% | 2.11% | 4.19% | 3.48% |
Best Refinance Brokers around Hernandez, New Mexico 87537
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Hernandez, New Mexico 87537, we have compiled a list of top refinance brokers to assist you in the process.
Roberta Alas
Mortgage Loan Originators
62 Lincoln Ave
Santa Fe, NM 87537
(505) 992-2244
ralas@1stnationalbanknm.com
Corrine Anaya
Mortgage Loan Originators
62 Lincoln Ave
Santa Fe, NM 87537
(505) 992-2244
canaya@1stnationalbanknm.com
Deborah Anaya
Mortgage Loan Originators
62 Lincoln Ave
Santa Fe, NM 87537
(505) 992-2244
danaya@1stnationalbanknm.com
Jennifer Baca
Mortgage Loan Originators
62 Lincoln Ave
Santa Fe, NM 87537
(505) 992-2244
jbaca@1stnationalbanknm.com
Judy Balch
Mortgage Loan Originators
62 Lincoln Ave
Santa Fe, NM 87537
(505) 992-2244
jbalch@1stnationalbanknm.com
Address
62 Lincoln Ave
Santa Fe, NM
Contact
(505) 992-2244
Fax (301) 639-0804
ralas@1stnationalbanknm.com
Address
62 Lincoln Ave
Santa Fe, NM
Contact
(505) 992-2244
Fax (301) 639-0804
canaya@1stnationalbanknm.com
Address
62 Lincoln Ave
Santa Fe, NM
Contact
(505) 992-2244
Fax (301) 639-0804
danaya@1stnationalbanknm.com