Compare Today’s Refinance Rates for Macon, Tennessee 38048
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Macon, Tennessee 38048.
With a 30-year amortization refinance in Macon and surrounding areas of Fayette county, our calculations show that you can expect to save up to $5,604 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 Macon, Tennessee 38048.
Summary of Average Refinances in Macon, Tennessee 38048
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Interactive Refinance Rate Projections for Macon, Tennessee 38048
Pureloan has developed an interactive chart to monitor the five largest local lenders in Macon, TN 38048, 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 Macon, Tennessee 38048 from 2024 - 2016
The following historical data provides insights into refinancing trends in Macon, Tennessee and the surrounding Fayette 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 | 90.48% | 60.88% | 54.07% | 48.75% | 58.49% | 57.71% | 55.95% | 50.20% | 50.72% |
avg refi rate | 6.16% | 3.86% | 2.92% | 3.22% | 4.25% | 4.55% | 4.14% | 3.91% | 4.17% |
% 15 year fixed refinance | 9.52% | 23.74% | 28.06% | 31.92% | 27.22% | 32.60% | 31.62% | 33.86% | 36.39% |
avg refi rate | 5.84% | 2.98% | 2.39% | 2.73% | 3.57% | 3.98% | 3.36% | 3.13% | 3.35% |
Avg credit score | 742.21 | 737.18 | 751.23 | 753.76 | 747.35 | 737.74 | 744.79 | 749.55 | 750.20 |
Avg LTV (loan to value) | 67.88% | 62.49% | 65.96% | 69.63% | 73.18% | 73.37% | 75.45% | 74.91% | 76.33% |
Avg DTI (debt to income) | 37.71 | 33.32 | 31.30 | 31.14 | 33.32 | 34.40 | 33.44 | 31.98 | 31.95 |
Avg refinance insurance % | 2.45% | 1.52% | 1.97% | 3.06% | 4.17% | 4.90% | 6.61% | 5.64% | 6.52% |
Best Refinance Brokers around Macon, Tennessee 38048
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Macon, Tennessee 38048, we have compiled a list of top refinance brokers to assist you in the process.
Steven Moodie
Loan Officer
5600 Navy Rd
Millington, TN 38048
(877) 573-2324
steven_moodie@navyfederal.org
Chrystal York
Mortgage Lenders
86 South Tipton
Munford, TN 38048
(901) 837-4941
chrystal.york@regions.com
Greg Cotton
President
5600 Navy Rd
Millington, TN 38048
(309) 749-8890
jane.schneider@ruhlmortgage.com
Philip Williams
Vice President
5600 Navy Rd
Millington, TN 38048
(563) 441-5124
christopher.schneider@ruhlmortgage.com
Elizabeth Davy
Loan Officer
5600 Navy Rd
Millington, TN 38048
(877) 573-2324 Ext: 72706
elizabeth_davy@navyfederal.org
Address
5600 Navy Rd
Millington, TN
Contact
(877) 573-2324
Fax (301) 639-0804
steven_moodie@navyfederal.org
Address
86 South Tipton
Munford, TN
Contact
(901) 837-4941
Fax (301) 639-0804
chrystal.york@regions.com
Address
5600 Navy Rd
Millington, TN
Contact
(309) 749-8890
Fax (301) 639-0804
jane.schneider@ruhlmortgage.com