Compare Today’s Refinance Rates for Macedonia, Ohio 44056
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Macedonia, Ohio 44056.
With a 30-year amortization refinance in Macedonia and surrounding areas of Summit county, our calculations show that you can expect to save up to $4,071 over the lifetime of your mortgage, or a monthly savings of $11. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Macedonia, Ohio 44056.
Summary of Average Refinances in Macedonia, Ohio 44056
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Interactive Refinance Rate Projections for Macedonia, Ohio 44056
Pureloan has developed an interactive chart to monitor the five largest local lenders in Macedonia, OH 44056, 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 Macedonia, Ohio 44056 from 2024 - 2016
The following historical data provides insights into refinancing trends in Macedonia, Ohio and the surrounding Summit 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 | 69.57% | 46.70% | 49.16% | 46.71% | 53.93% | 46.01% | 40.88% | 49.93% | 50.94% |
avg refi rate | 6.55% | 3.58% | 3.01% | 3.29% | 4.18% | 4.58% | 4.16% | 4.00% | 4.16% |
% 15 year fixed refinance | 13.04% | 34.84% | 30.73% | 33.27% | 26.83% | 39.91% | 43.38% | 35.80% | 35.16% |
avg refi rate | 5.54% | 2.71% | 2.48% | 2.80% | 3.65% | 3.91% | 3.33% | 3.16% | 3.34% |
Avg credit score | 746.57 | 738.48 | 751.00 | 756.35 | 746.91 | 737.90 | 747.54 | 752.53 | 755.66 |
Avg LTV (loan to value) | 60.17% | 63.95% | 68.28% | 72.10% | 72.37% | 73.05% | 74.94% | 75.20% | 76.86% |
Avg DTI (debt to income) | 37.43 | 33.27 | 31.70 | 31.64 | 33.96 | 34.55 | 32.58 | 32.92 | 32.37 |
Avg refinance insurance % | 1.61% | 1.44% | 2.53% | 4.15% | 5.48% | 4.38% | 5.34% | 6.05% | 7.26% |
Best Refinance Brokers around Macedonia, Ohio 44056
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Macedonia, Ohio 44056, we have compiled a list of top refinance brokers to assist you in the process.
Charles Marotta
Loan Originator
7676 Reynolds Rd
Mentor, OH 44056
(440) 585-5626
charliem@unioncapmtgs.com
George Saadey
Loan Originator
7676 Reynolds Rd
Mentor, OH 44056
(440) 585-5626
george@unioncapmtgs.com
Len Okuly
Loan Originator
7676 Reynolds Rd
Mentor, OH 44056
(440) 585-5626
len@unioncapmtgs.com
Ronald Szuch
Loan Originator
7676 Reynolds Rd
Mentor, OH 44056
(440) 585-5626
ron@unioncapmtgs.com
Luella Hughes
Home Mortgage Consultant
7334 Center St
Mentor, OH 44056
(440) 255-0387
aaron.hughes@wellsfargo.com
Address
7676 Reynolds Rd
Mentor, OH
Contact
(440) 585-5626
Fax (301) 639-0804
charliem@unioncapmtgs.com
Address
7676 Reynolds Rd
Mentor, OH
Contact
(440) 585-5626
Fax (301) 639-0804
george@unioncapmtgs.com
Address
7676 Reynolds Rd
Mentor, OH
Contact
(440) 585-5626
Fax (301) 639-0804
len@unioncapmtgs.com