Compare Today’s Refinance Rates for Westerly, Rhode Island 02891
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Westerly, Rhode Island 02891.
With a 30-year amortization refinance in Westerly and surrounding areas of Washington county, our calculations show that you can expect to save up to $9,476 over the lifetime of your mortgage, or a monthly savings of $26. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Westerly, Rhode Island 02891.
Summary of Average Refinances in Westerly, Rhode Island 02891
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Interactive Refinance Rate Projections for Westerly, Rhode Island 02891
Pureloan has developed an interactive chart to monitor the five largest local lenders in Westerly, RI 02891, 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 Westerly, Rhode Island 02891 from 2024 - 2016
The following historical data provides insights into refinancing trends in Westerly, Rhode Island and the surrounding Washington 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 | 55.56% | 64.15% | 69.61% | 70.00% | 76.00% | 73.33% | 70.97% | 50.00% | |
avg refi rate | 3.35% | 2.96% | 3.35% | 4.27% | 4.55% | 4.01% | 3.80% | 4.03% | |
% 15 year fixed refinance | 30.56% | 20.13% | 18.63% | 16.67% | 16.00% | 20.00% | 25.81% | 41.67% | |
avg refi rate | 2.68% | 2.47% | 2.73% | 3.45% | 3.63% | 3.11% | 3.16% | 3.22% | |
Avg credit score | 738.00 | 743.36 | 764.88 | 765.29 | 767.03 | 742.04 | 745.47 | 765.23 | 758.25 |
Avg LTV (loan to value) | 54.00% | 54.92% | 59.92% | 66.73% | 68.73% | 67.56% | 68.44% | 67.26% | 62.44% |
Avg DTI (debt to income) | 37.00 | 35.81 | 33.09 | 32.83 | 32.67 | 35.00 | 32.60 | 35.81 | 32.00 |
Avg refinance insurance % | 0.58% | 1.88% | 1.23% | 1.96% | 1.89% | 2.39% | 0.83% |
Best Refinance Brokers around Westerly, Rhode Island 02891
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Westerly, Rhode Island 02891, 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 02891
(781) 489-3176
djmartinelli@washtrustmortgage.com
Paul Fredette
Vp & Regional Manager
25 Mall Road, Suite 408
Wellesley, MA 02891
(781) 489-3179
pmfredette@washtrustmortgage.com
Sean Fleming
Mortgage Loan Officer
25 Mall Road, Suite 408
Wellesley, MA 02891
(781) 489-3178
spfleming@washtrustmortgage.com
Thomas Pierce
Mortgage Loan Officer
25 Mall Road, Suite 408
Wellesley, MA 02891
(508) 942-5749
tipierce@washtrustmortgage.com
Ann Palmisciano
Mortgage Originator
44 Washington St
Providence, RI 02891
(401) 450-1359
apalmisciano@rhodeislandhousing.org
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