Compare Today’s Refinance Rates for Barrington, Rhode Island 02806
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Barrington, Rhode Island 02806.
With a 30-year amortization refinance in Barrington and surrounding areas of Bristol county, our calculations show that you can expect to save up to $22,515 over the lifetime of your mortgage, or a monthly savings of $63. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Barrington, Rhode Island 02806.
Summary of Average Refinances in Barrington, Rhode Island 02806
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Interactive Refinance Rate Projections for Barrington, Rhode Island 02806
Pureloan has developed an interactive chart to monitor the five largest local lenders in Barrington, RI 02806, 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 Barrington, Rhode Island 02806 from 2024 - 2016
The following historical data provides insights into refinancing trends in Barrington, Rhode Island and the surrounding Bristol 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 | 80.77% | 56.87% | 60.98% | 59.85% | 60.39% | 58.56% | 49.06% | 55.63% | 59.02% |
avg refi rate | 6.52% | 3.49% | 2.96% | 3.23% | 4.06% | 4.50% | 4.07% | 3.89% | 4.08% |
% 15 year fixed refinance | 7.69% | 24.21% | 23.06% | 23.91% | 22.42% | 25.94% | 36.98% | 31.49% | 26.79% |
avg refi rate | 5.38% | 2.66% | 2.40% | 2.78% | 3.54% | 3.85% | 3.25% | 3.08% | 3.30% |
Avg credit score | 724.12 | 739.59 | 754.86 | 760.50 | 750.16 | 739.67 | 748.67 | 755.34 | 755.44 |
Avg LTV (loan to value) | 66.12% | 58.10% | 65.88% | 70.03% | 72.57% | 68.45% | 70.82% | 73.16% | 74.66% |
Avg DTI (debt to income) | 38.50 | 31.91 | 30.61 | 30.18 | 32.47 | 33.29 | 31.40 | 30.88 | 30.65 |
Avg refinance insurance % | 4.19% | 0.86% | 2.15% | 3.70% | 4.53% | 2.54% | 3.52% | 5.16% | 6.05% |
Best Refinance Brokers around Barrington, Rhode Island 02806
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Barrington, Rhode Island 02806, we have compiled a list of top refinance brokers to assist you in the process.
David Martinelli
Mortgage Loan Officer
25 Mall Road, Suite 408
Wellesley, MA 02806
(781) 489-3176
djmartinelli@washtrustmortgage.com
Paul Fredette
Vp & Regional Manager
25 Mall Road, Suite 408
Wellesley, MA 02806
(781) 489-3179
pmfredette@washtrustmortgage.com
Sean Fleming
Mortgage Loan Officer
25 Mall Road, Suite 408
Wellesley, MA 02806
(781) 489-3178
spfleming@washtrustmortgage.com
Thomas Pierce
Mortgage Loan Officer
25 Mall Road, Suite 408
Wellesley, MA 02806
(508) 942-5749
tipierce@washtrustmortgage.com
Gina Helm
Vice President Mortgage Originator
6 Gooding Ave
Bristol, RI 02806
(401) 842-0954
gina.helm@banknewport.com
Address
25 Mall Road, Suite 408
Wellesley, MA
Contact
(781) 489-3176
Fax (301) 639-0804
djmartinelli@washtrustmortgage.com
Address
25 Mall Road, Suite 408
Wellesley, MA
Contact
(781) 489-3179
Fax (301) 639-0804
pmfredette@washtrustmortgage.com
Address
25 Mall Road, Suite 408
Wellesley, MA
Contact
(781) 489-3178
Fax (301) 639-0804
spfleming@washtrustmortgage.com