Compare Today’s Refinance Rates for Spring City, Tennessee 37381
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Spring City, Tennessee 37381.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Spring City, Tennessee 37381. For 30-year amortization refinancing, you can expect lifetime cash savings of $13,403 or $37 per month in Spring City and other parts of Rhea county.
Summary of Average Refinances in Spring City, Tennessee 37381
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Interactive Refinance Rate Projections for Spring City, Tennessee 37381
Pureloan has developed an interactive chart to monitor the five largest local lenders in Spring City, TN 37381, 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 Spring City, Tennessee 37381 from 2024 - 2016
The following historical data provides insights into refinancing trends in Spring City, Tennessee and the surrounding Rhea 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 | 90.43% | 63.98% | 64.98% | 64.14% | 69.22% | 66.14% | 58.06% | 54.90% | 56.30% |
| avg refi rate | 6.25% | 3.64% | 2.93% | 3.22% | 4.13% | 4.52% | 4.13% | 3.91% | 4.09% |
| % 15 year fixed refinance | 6.38% | 21.06% | 20.02% | 21.36% | 18.68% | 22.78% | 28.74% | 33.07% | 29.33% |
| avg refi rate | 5.66% | 2.75% | 2.40% | 2.76% | 3.61% | 3.94% | 3.30% | 3.15% | 3.30% |
| Avg credit score | 746.86 | 755.33 | 754.65 | 760.25 | 751.48 | 743.07 | 743.79 | 751.92 | 750.66 |
| Avg LTV (loan to value) | 52.07% | 57.55% | 64.72% | 67.53% | 67.66% | 64.82% | 67.09% | 69.94% | 71.65% |
| Avg DTI (debt to income) | 35.37 | 33.41 | 31.93 | 31.39 | 33.22 | 33.34 | 33.14 | 31.86 | 31.76 |
| Avg refinance insurance % | 0.98% | 0.60% | 2.15% | 3.41% | 4.03% | 2.19% | 2.29% | 3.49% | 4.31% |
Best Refinance Brokers around Spring City, Tennessee 37381
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Spring City, Tennessee 37381, we have compiled a list of top refinance brokers to assist you in the process.
Kevin Blair
Loan Officer
2158 Northgate Park Ln Ste 420
Chattanooga, TN 37381
(423) 842-6004
kblair@brandmortgage.com
JP Corell
Loan Officer
2158 Northgate Park Ln Ste 420
Chattanooga, TN 37381
(423) 842-6004
jcorell@brandmortgage.com
Stacie Miles
Loan Officer
2158 Northgate Park Ln Ste 420
Chattanooga, TN 37381
(423) 842-6004
smiles@brandmortgage.com
MARVIN SHELTON
Loan Officer
6160 Shallowford Rd Ste 105
Chattanooga, TN 37381
(423) 296-2456
jack.shelton@wellsfargo.com
Ashley Young
mortgage banker
2158 Northgate Park Lane, Suite 420
Chattanooga, TN 37381
(423) 842-6004
ayoung@brandmortgage.com
Address
2158 Northgate Park Ln Ste 420
Chattanooga, TN
Contact
(423) 842-6004
Fax (301) 639-0804
kblair@brandmortgage.com
Address
2158 Northgate Park Ln Ste 420
Chattanooga, TN
Contact
(423) 842-6004
Fax (301) 639-0804
jcorell@brandmortgage.com
Address
2158 Northgate Park Ln Ste 420
Chattanooga, TN
Contact
(423) 842-6004
Fax (301) 639-0804
smiles@brandmortgage.com