Compare Today’s Refinance Rates for Waterford, Pennsylvania 16441
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Waterford, Pennsylvania 16441.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $5,013 over the lifetime of your mortgage, which translates to a monthly savings of $14 in Waterford and other areas of Erie 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.
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Summary of Average Refinances in Waterford, Pennsylvania 16441
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Waterford, Pennsylvania 16441
Pureloan has developed an interactive chart to monitor the five largest local lenders in Waterford, PA 16441, 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 Waterford, Pennsylvania 16441 from 2024 - 2016
The following historical data provides insights into refinancing trends in Waterford, Pennsylvania and the surrounding Erie 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% | 40.63% | 35.94% | 36.86% | 60.00% | 61.54% | 37.04% | 55.10% | 42.86% |
avg refi rate | 6.56% | 3.61% | 2.92% | 3.23% | 4.43% | 4.67% | 4.27% | 3.92% | 4.03% |
% 15 year fixed refinance | 29.69% | 37.37% | 40.68% | 25.00% | 23.08% | 44.44% | 28.57% | 28.57% | |
avg refi rate | 2.62% | 2.42% | 2.81% | 4.15% | 3.50% | 3.38% | 3.19% | 3.50% | |
Avg credit score | 758.00 | 739.41 | 756.27 | 757.61 | 741.20 | 741.38 | 729.67 | 755.78 | 761.43 |
Avg LTV (loan to value) | 61.50% | 63.45% | 70.08% | 71.87% | 72.60% | 76.54% | 68.56% | 73.43% | 68.24% |
Avg DTI (debt to income) | 45.00 | 34.13 | 31.34 | 31.14 | 33.80 | 35.77 | 33.30 | 32.47 | 29.76 |
Avg refinance insurance % | 0.47% | 2.43% | 4.36% | 10.05% | 6.08% | 2.74% | 6.47% | 2.05% |
Best Refinance Brokers around Waterford, Pennsylvania 16441
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Waterford, Pennsylvania 16441, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Debra Mealy
Loan Officer
209 West Plum Street
Edinboro, PA 16441
(814) 734-1609
debra.mealy@marquettesavings.com
Cora Mozina
Loan Officer
14 North Main Street
Albion, PA 16441
(814) 756-4911
cora.mozina@marquettesavings.com
Address
209 West Plum Street
Edinboro, PA
Contact
(814) 734-1609
Fax (301) 639-0804
debra.mealy@marquettesavings.com
Address
14 North Main Street
Albion, PA
Contact
(814) 756-4911
Fax (301) 639-0804
cora.mozina@marquettesavings.com