Compare Today’s Refinance Rates for Fort Drum, New York 13602
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Fort Drum, New York 13602.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,225 over the lifetime of your mortgage, which translates to a monthly savings of $17 in Fort Drum and other areas of Jefferson 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.
Summary of Average Refinances in Fort Drum, New York 13602
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Interactive Refinance Rate Projections for Fort Drum, New York 13602
Pureloan has developed an interactive chart to monitor the five largest local lenders in Fort Drum, NY 13602, 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 Fort Drum, New York 13602 from 2024 - 2016
The following historical data provides insights into refinancing trends in Fort Drum, New York and the surrounding Jefferson 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 | 100.00% | 42.86% | 33.98% | 27.09% | 49.30% | 54.55% | 22.22% | 28.36% | 41.27% |
| avg refi rate | 6.28% | 3.53% | 3.02% | 3.26% | 4.37% | 4.54% | 4.18% | 3.85% | 4.11% |
| % 15 year fixed refinance | 30.16% | 40.81% | 46.01% | 33.80% | 31.82% | 58.89% | 50.00% | 41.27% | |
| avg refi rate | 2.70% | 2.49% | 2.71% | 3.60% | 3.98% | 3.41% | 3.14% | 3.22% | |
| Avg credit score | 720.80 | 808.68 | 751.99 | 762.28 | 756.32 | 745.79 | 745.77 | 753.57 | 761.16 |
| Avg LTV (loan to value) | 70.60% | 67.36% | 69.55% | 73.92% | 74.45% | 76.03% | 73.21% | 74.99% | 75.15% |
| Avg DTI (debt to income) | 37.40 | 35.44 | 33.37 | 33.17 | 34.08 | 34.38 | 35.89 | 34.30 | 33.87 |
| Avg refinance insurance % | 12.40% | 2.54% | 2.56% | 4.23% | 4.79% | 7.30% | 3.81% | 5.47% | 7.40% |
Best Refinance Brokers around Fort Drum, New York 13602
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Fort Drum, New York 13602, we have compiled a list of top refinance brokers to assist you in the process.
Patrick Wolf
Branch Manager / Licensed Loan Originator
210 Court Street
Watertown, NY 13602
(315) 788-4270
pwolf@homesteadfunding.com
Mark Bellinger
Loan Officer/Mortgage Consultant
111 CLINTON ST
WATERTOWN, NY 13602
(315) 222-7243
bellinger@wsbny.com
Elizabeth Denny
Loan Officer/Mortgage Consultant
111 CLINTON ST
WATERTOWN, NY 13602
(315) 646-4628
Denny@wsbny.com
Cheryl Drake
Loan Officer/Mortgage Consultant
111 CLINTON ST
WATERTOWN, NY 13602
(315) 482-2544
Drake@wsbny.com
Becky Eastman
Loan Officer/Mortgage Consultant
111 CLINTON ST
WATERTOWN, NY 13602
(315) 232-4515
Eastman@wsbny.com
Address
210 Court Street
Watertown, NY
Contact
(315) 788-4270
Fax (301) 639-0804
pwolf@homesteadfunding.com
Address
111 CLINTON ST
WATERTOWN, NY
Contact
(315) 222-7243
Fax (301) 639-0804
bellinger@wsbny.com
Address
111 CLINTON ST
WATERTOWN, NY
Contact
(315) 646-4628
Fax (301) 639-0804
Denny@wsbny.com