Compare Today’s Refinance Rates for Portsmouth, Rhode Island 02871
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Portsmouth, Rhode Island 02871.
With a 30-year amortization refinance in Portsmouth and surrounding areas of Newport county, our calculations show that you can expect to save up to $12,962 over the lifetime of your mortgage, or a monthly savings of $36. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Portsmouth, Rhode Island 02871.
Summary of Average Refinances in Portsmouth, Rhode Island 02871
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Interactive Refinance Rate Projections for Portsmouth, Rhode Island 02871
Pureloan has developed an interactive chart to monitor the five largest local lenders in Portsmouth, RI 02871, 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 Portsmouth, Rhode Island 02871 from 2024 - 2016
The following historical data provides insights into refinancing trends in Portsmouth, Rhode Island and the surrounding Newport 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 | 95.24% | 56.22% | 65.08% | 64.76% | 71.01% | 64.02% | 56.78% | 63.35% | 61.34% |
avg refi rate | 6.65% | 3.50% | 2.95% | 3.26% | 4.13% | 4.53% | 4.04% | 3.89% | 4.05% |
% 15 year fixed refinance | 28.55% | 21.93% | 22.05% | 19.16% | 23.11% | 30.69% | 25.05% | 27.92% | |
avg refi rate | 2.72% | 2.45% | 2.81% | 3.58% | 3.77% | 3.31% | 3.13% | 3.33% | |
Avg credit score | 728.52 | 752.47 | 765.90 | 765.70 | 759.17 | 746.04 | 750.93 | 757.25 | 763.68 |
Avg LTV (loan to value) | 57.00% | 53.72% | 61.62% | 65.20% | 66.15% | 62.75% | 65.80% | 67.19% | 67.64% |
Avg DTI (debt to income) | 36.14 | 32.98 | 31.90 | 32.01 | 32.63 | 33.02 | 32.98 | 32.83 | 31.58 |
Avg refinance insurance % | 1.43% | 0.51% | 1.46% | 2.44% | 2.95% | 1.33% | 2.26% | 2.72% | 3.05% |
Best Refinance Brokers around Portsmouth, Rhode Island 02871
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Portsmouth, Rhode Island 02871, we have compiled a list of top refinance brokers to assist you in the process.
Kristin Dozois
Mortgage Loan Officer
361 Main St.
Wakefield, RI 02871
(401) 455-3200
kdozois@coastway.com
Ann Palmisciano
Mortgage Originator
44 Washington St
Providence, RI 02871
(401) 450-1359
apalmisciano@rhodeislandhousing.org
Gail Danilowicz
Mortgage Originator
44 Washington St
Providence, RI 02871
(401) 457-1289
gdanilowicz@rhodeislandhousing.org
Margy Thurber
Sales Manager
44 Washington St
Providence, RI 02871
(401) 450-1310
mthurber@rhodeislandhousing.org
Rob Rocchio
Mortgage Originator
44 Washington St
Providence, RI 02871
(401) 450-1304
rrocchio@rhodeislandhousing.org
Address
361 Main St.
Wakefield, RI
Contact
(401) 455-3200
Fax (301) 639-0804
kdozois@coastway.com
Address
44 Washington St
Providence, RI
Contact
(401) 450-1359
Fax (301) 639-0804
apalmisciano@rhodeislandhousing.org
Address
44 Washington St
Providence, RI
Contact
(401) 457-1289
Fax (301) 639-0804
gdanilowicz@rhodeislandhousing.org