Compare Today’s Refinance Rates for Freeman, South Dakota 57029
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Freeman, South Dakota 57029.
With a 30-year amortization refinance in Freeman and surrounding areas of Hutchinson county, our calculations show that you can expect to save up to $5,709 over the lifetime of your mortgage, or a monthly savings of $16. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Freeman, South Dakota 57029.
Summary of Average Refinances in Freeman, South Dakota 57029
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Interactive Refinance Rate Projections for Freeman, South Dakota 57029
Pureloan has developed an interactive chart to monitor the five largest local lenders in Freeman, SD 57029, 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 Freeman, South Dakota 57029 from 2024 - 2016
The following historical data provides insights into refinancing trends in Freeman, South Dakota and the surrounding Hutchinson 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% | 66.47% | 58.99% | 51.81% | 62.76% | 65.71% | 63.00% | 55.63% | 58.54% |
avg refi rate | 6.13% | 3.81% | 2.82% | 3.12% | 4.10% | 4.43% | 4.03% | 3.85% | 4.01% |
% 15 year fixed refinance | 20.00% | 25.84% | 31.35% | 19.90% | 22.86% | 30.00% | 31.79% | 29.27% | |
avg refi rate | 2.96% | 2.28% | 2.55% | 3.49% | 4.15% | 3.15% | 2.98% | 3.15% | |
Avg credit score | 753.95 | 804.87 | 758.97 | 770.61 | 755.16 | 750.51 | 744.62 | 751.55 | 757.35 |
Avg LTV (loan to value) | 70.47% | 66.16% | 68.72% | 70.98% | 74.52% | 68.74% | 73.67% | 73.34% | 75.11% |
Avg DTI (debt to income) | 36.79 | 33.13 | 31.69 | 31.51 | 33.74 | 33.54 | 35.18 | 32.30 | 32.85 |
Avg refinance insurance % | 3.79% | 3.51% | 3.31% | 4.19% | 7.89% | 2.16% | 6.29% | 4.65% | 6.67% |
Best Refinance Brokers around Freeman, South Dakota 57029
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Freeman, South Dakota 57029, we have compiled a list of top refinance brokers to assist you in the process.
Steve Bourassa
Mortgage Loan Originator
220 S Harth Ave
Madison, SD 57029
(605) 275-1789
sbourassa@cumortgagedirect.com
Shawna Kleinwolterink
Mortgage Loan Officer
220 S Harth Ave
Madison, SD 57029
(605) 275-1796
skleinwolterink@cumortgagedirect.com
Jerime Olson
Mortgage Loan Originator
220 S Harth Ave
Madison, SD 57029
(605) 275-1794
jolson@cumortgagedirect.com
Ryan Meyer
Mortgage Loan Originator
220 S Harth Ave
Madison, SD 57029
(605) 275-1783
rmeyer@cumortgagedirect.com
Lori Norby
Mortgage Loan Originator
220 S Harth Ave
Madison, SD 57029
(605) 256-8285
lnorby@cumortgagedirect.com
Address
220 S Harth Ave
Madison, SD
Contact
(605) 275-1789
Fax (301) 639-0804
sbourassa@cumortgagedirect.com
Address
220 S Harth Ave
Madison, SD
Contact
(605) 275-1796
Fax (301) 639-0804
skleinwolterink@cumortgagedirect.com
Address
220 S Harth Ave
Madison, SD
Contact
(605) 275-1794
Fax (301) 639-0804
jolson@cumortgagedirect.com