Compare Today’s Refinance Rates for Philadelphia, Pennsylvania 19019
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Philadelphia, Pennsylvania 19019.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $13,766 over the lifetime of your mortgage, which translates to a monthly savings of $38 in Philadelphia and other areas of Philadelphia 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 Philadelphia, Pennsylvania 19019
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Interactive Refinance Rate Projections for Philadelphia, Pennsylvania 19019
Pureloan has developed an interactive chart to monitor the five largest local lenders in Philadelphia, PA 19019, 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 Philadelphia, Pennsylvania 19019 from 2024 - 2016
The following historical data provides insights into refinancing trends in Philadelphia, Pennsylvania and the surrounding Philadelphia 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 | 77.14% | 48.50% | 52.71% | 53.39% | 61.46% | 53.90% | 44.72% | 53.24% | 54.12% |
avg refi rate | 6.24% | 3.41% | 2.92% | 3.19% | 3.98% | 4.51% | 4.06% | 3.85% | 4.06% |
% 15 year fixed refinance | 20.00% | 29.44% | 26.74% | 26.89% | 21.54% | 32.49% | 40.21% | 31.73% | 31.05% |
avg refi rate | 5.64% | 2.67% | 2.40% | 2.74% | 3.50% | 3.76% | 3.24% | 3.11% | 3.24% |
Avg credit score | 745.51 | 743.03 | 758.23 | 762.56 | 756.33 | 749.63 | 750.69 | 757.37 | 758.49 |
Avg LTV (loan to value) | 54.49% | 59.67% | 64.25% | 68.69% | 70.55% | 70.03% | 70.73% | 72.19% | 71.80% |
Avg DTI (debt to income) | 38.91 | 33.66 | 31.47 | 31.46 | 33.24 | 35.01 | 33.56 | 32.72 | 32.97 |
Avg refinance insurance % | 1.54% | 0.56% | 1.66% | 2.91% | 4.84% | 4.15% | 4.83% | 5.39% | 5.48% |
Best Refinance Brokers around Philadelphia, Pennsylvania 19019
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Philadelphia, Pennsylvania 19019, we have compiled a list of top refinance brokers to assist you in the process.
Michelle Barillo
Loan Officer
1515 Market Street
Philadelphia, PA 19019
(646) 805-8796
michelle.l.barillo@us.hsbc.com
Michael Sliwowski
Mortgage Loan Officer
Four Penn Center
Philadelphia, PA 19019
(704) 386-5972
michael.sliwowski@bankofamerica.com
Jennifer Ashley
Mortgage Loan Officer
Four Penn Center
Philadelphia, PA 19019
(704) 386-5972
jennifer.ashley@bankofamerica.com
Richard Garner
Mortgage Loan Officer
601 Walnut Street, Suite 765
Philadelphia, PA 19019
(800) 464-2484
richard.garner@prospectmtg.com
Rob Dischert
Mortgage Loan Officer
601 Walnut Street, Suite 765
Philadelphia, PA 19019
(800) 464-2484
rob.dischert@prospectmtg.com
Address
1515 Market Street
Philadelphia, PA
Contact
(646) 805-8796
Fax (301) 639-0804
michelle.l.barillo@us.hsbc.com
Address
Four Penn Center
Philadelphia, PA
Contact
(704) 386-5972
Fax (301) 639-0804
michael.sliwowski@bankofamerica.com
Address
Four Penn Center
Philadelphia, PA
Contact
(704) 386-5972
Fax (301) 639-0804
jennifer.ashley@bankofamerica.com