Compare Today’s Refinance Rates for Rochester, New York 14602
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Rochester, New York 14602.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Rochester, New York 14602. For 30-year amortization refinancing, you can expect lifetime cash savings of $10,499 or $29 per month in Rochester and other parts of Monroe county.
Summary of Average Refinances in Rochester, New York 14602
Become a certified mortgage expert on Pureloan.com
in Rochester, New York 14602
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Rochester, New York 14602
Pureloan has developed an interactive chart to monitor the five largest local lenders in Rochester, NY 14602, 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 Rochester, New York 14602 from 2024 - 2016
The following historical data provides insights into refinancing trends in Rochester, New York and the surrounding Monroe 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 | 55.56% | 39.84% | 37.65% | 32.65% | 42.77% | 39.66% | 25.37% | 32.60% | 32.63% |
avg refi rate | 6.41% | 3.78% | 3.00% | 3.30% | 4.34% | 4.64% | 4.20% | 3.94% | 3.97% |
% 15 year fixed refinance | 27.78% | 42.58% | 44.63% | 47.42% | 38.36% | 47.41% | 58.71% | 54.21% | 56.84% |
avg refi rate | 5.60% | 2.78% | 2.50% | 2.79% | 3.70% | 3.90% | 3.35% | 3.12% | 3.20% |
Avg credit score | 769.00 | 750.26 | 761.99 | 764.59 | 750.21 | 750.33 | 749.89 | 758.90 | 754.52 |
Avg LTV (loan to value) | 53.72% | 63.27% | 65.86% | 69.68% | 70.36% | 71.78% | 72.83% | 73.42% | 74.48% |
Avg DTI (debt to income) | 36.44 | 33.82 | 32.73 | 32.78 | 33.63 | 34.26 | 34.78 | 32.97 | 32.60 |
Avg refinance insurance % | 0.67% | 1.51% | 1.68% | 2.81% | 4.04% | 3.85% | 3.49% | 4.43% | 5.57% |
Best Refinance Brokers around Rochester, New York 14602
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Rochester, New York 14602, we have compiled a list of top refinance brokers to assist you in the process.
Tina Wightman
Mortgage Originator
225 Chestnut Street
Rochester, NY 14602
(585) 336-1000
twightman@esl.org
James Sapienza
Mortgage Originator
225 Chestnut Street
Rochester, NY 14602
(585) 336-1000
jsapienza@esl.org
Mary Richards
Mortgage Originator
225 Chestnut Street
Rochester, NY 14602
(585) 336-1000
mrichards@esl.org
Dawn Durett
Mortgage Originator
225 Chestnut Street
Rochester, NY 14602
(585) 336-1000
ddurett@esl.org
Sue Downs
Mortgage Originator
225 Chestnut Street
Rochester, NY 14602
(585) 336-1000
sdowns@esl.org
Address
225 Chestnut Street
Rochester, NY
Contact
(585) 336-1000
Fax (301) 639-0804
twightman@esl.org
Address
225 Chestnut Street
Rochester, NY
Contact
(585) 336-1000
Fax (301) 639-0804
jsapienza@esl.org
Address
225 Chestnut Street
Rochester, NY
Contact
(585) 336-1000
Fax (301) 639-0804
mrichards@esl.org