Compare Today’s Refinance Rates for New Hope, Pennsylvania 18938
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in New Hope, Pennsylvania 18938.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $24,390 over the lifetime of your mortgage, which translates to a monthly savings of $68 in New Hope and other areas of Bucks 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 New Hope, Pennsylvania 18938
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Interactive Refinance Rate Projections for New Hope, Pennsylvania 18938
Pureloan has developed an interactive chart to monitor the five largest local lenders in New Hope, PA 18938, 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 New Hope, Pennsylvania 18938 from 2024 - 2016
The following historical data provides insights into refinancing trends in New Hope, Pennsylvania and the surrounding Bucks 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 | 90.00% | 47.76% | 49.36% | 47.28% | 55.19% | 57.29% | 42.74% | 50.00% | 45.37% |
avg refi rate | 6.53% | 3.52% | 2.99% | 3.28% | 4.17% | 4.70% | 4.10% | 3.90% | 4.11% |
% 15 year fixed refinance | 30.35% | 28.06% | 29.26% | 27.92% | 25.63% | 36.31% | 32.07% | 35.42% | |
avg refi rate | 2.76% | 2.45% | 2.77% | 3.48% | 3.82% | 3.31% | 3.13% | 3.31% | |
Avg credit score | 725.05 | 758.27 | 756.85 | 759.72 | 757.03 | 743.06 | 753.42 | 760.14 | 757.56 |
Avg LTV (loan to value) | 59.05% | 62.35% | 67.72% | 72.05% | 72.62% | 71.96% | 74.11% | 74.34% | 73.33% |
Avg DTI (debt to income) | 42.40 | 33.58 | 32.14 | 32.08 | 33.76 | 35.35 | 33.65 | 33.06 | 32.63 |
Avg refinance insurance % | 1.20% | 0.95% | 1.81% | 4.27% | 5.71% | 4.89% | 6.08% | 5.88% | 6.05% |
Best Refinance Brokers around New Hope, Pennsylvania 18938
If you are considering refinancing your mortgage or obtaining a cash-out refinance in New Hope, Pennsylvania 18938, we have compiled a list of top refinance brokers to assist you in the process.
Patrick Cleary
Loan Officer
161 Madison Ave
Newtown, NJ 18938
(973) 971-3532
Patrick.Cleary@pnc.com
John Lee
Loan Officer
451 S State St
Newtown, PA 18938
(888) 253-0799
jlee@mandtbank.com
John Welch
Loan Officer
451 S State St
Newtown, PA 18938
(888) 253-0799
jwelch@mandtbank.com
Raymond Heller
Mortgage Loan Officer
115 Pheasant Run, Suite 211
Newtown, PA 18938
(800) 464-2484
raymond.heller@prospectmtg.com
Tom Lynch
Mortgage Loan Officer
115 Pheasant Run, Suite 211
Newtown, PA 18938
(800) 464-2484
tom.lynch@prospectmtg.com
Address
161 Madison Ave
Newtown, NJ
Contact
(973) 971-3532
Fax (301) 639-0804
Patrick.Cleary@pnc.com
Address
451 S State St
Newtown, PA
Contact
(888) 253-0799
Fax (301) 639-0804
jlee@mandtbank.com
Address
451 S State St
Newtown, PA
Contact
(888) 253-0799
Fax (301) 639-0804
jwelch@mandtbank.com