Compare Today’s Refinance Rates for Rio Rancho, New Mexico

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Rio Rancho, New Mexico 87174. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Rio Rancho and other areas of Sandoval county, expected lifetime cash savings are $2,811 or $8 / month.

For Rio Rancho, New Mexico 87174, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Rio Rancho, New Mexico 87174

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Rio Rancho, NM

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Rio Rancho, NM 87174, 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 Rio Rancho, NM

Refinance Rates for Rio Rancho, New Mexico 87174 from 2013 - 2020

Below are historical data on refinancing in Rio Rancho, 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 Rio Rancho, New Mexico 87174

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Rio Rancho, New Mexico 87174, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Heather Hutchison

Loan officer

41131 Barbara Loop Se, Suite 1C

Rio Rancho, NM 87174

(505) 338-4747

heather_foote-jasso@frostmortgage.com

Lyn Parrish

Mortgage Loan Consultant

500 Unser Blvd SE Ste 102

Rio Rancho, NM 87174

(505) 891-5644

lparrish@legacymortgagenm.com

Stacey Hunter

Loan Officer

2220 Grande Blvd SE Ste D

Rio Rancho, NM 87174

(505) 468-1755

stacey@superiormortgage-nm.com

Matt Arnot

Loan Officer

2220 Grande Blvd SE Ste D

Rio Rancho, NM 87174

(505) 468-1766

marnot@superiormortgage-nm.com

Address

41131 Barbara Loop Se, Suite 1C

Rio Rancho, NM

Contact

(505) 338-4747

Fax (301) 639-0804

heather_foote-jasso@frostmortgage.com

Address

500 Unser Blvd SE Ste 102

Rio Rancho, NM

Contact

(505) 891-5644

Fax (301) 639-0804

lparrish@legacymortgagenm.com

Address

2220 Grande Blvd SE Ste D

Rio Rancho, NM

Contact

(505) 468-1755

Fax (301) 639-0804

stacey@superiormortgage-nm.com

Refinancing News for Rio Rancho, New Mexico 87174