Compare Today’s Refinance Rates for Villanueva, New Mexico 87583
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Villanueva, New Mexico 87583.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $5,473 over the lifetime of your mortgage, which translates to a monthly savings of $15 in Villanueva and other areas of San Miguel county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
35.334448
-105.465228
36875
Summary of Average Refinances in Villanueva, New Mexico 87583
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Villanueva, New Mexico 87583
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Villanueva, New Mexico 87583
Pureloan has developed an interactive chart to monitor the five largest local lenders in Villanueva, NM 87583, 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 Villanueva, New Mexico 87583 from 2024 - 2016
The following historical data provides insights into refinancing trends in Villanueva, New Mexico and the surrounding San Miguel 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 Villanueva, New Mexico 87583
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Villanueva, New Mexico 87583, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
No Records Found
No Records Found