Compare Today’s Refinance Rates for Frankston, Texas 75763
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Frankston, Texas 75763.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,562 over the lifetime of your mortgage, which translates to a monthly savings of $10 in Frankston and other areas of Anderson county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Frankston, Texas 75763
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Interactive Refinance Rate Projections for Frankston, Texas 75763
Pureloan has developed an interactive chart to monitor the five largest local lenders in Frankston, TX 75763, 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 Frankston, Texas 75763 from 2024 - 2016
The following historical data provides insights into refinancing trends in Frankston, Texas and the surrounding Anderson 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% | 60.70% | 57.18% | 52.86% | 64.29% | 66.10% | 63.78% | 56.71% | 58.27% |
| avg refi rate | 6.32% | 3.85% | 2.99% | 3.32% | 4.36% | 4.54% | 4.17% | 3.95% | 4.06% |
| % 15 year fixed refinance | 4.76% | 23.51% | 26.75% | 29.97% | 23.63% | 24.58% | 32.28% | 31.10% | 35.97% |
| avg refi rate | 6.00% | 2.85% | 2.45% | 2.82% | 3.65% | 3.95% | 3.48% | 3.26% | 3.38% |
| Avg credit score | 738.76 | 736.20 | 748.10 | 753.90 | 743.74 | 739.47 | 746.27 | 741.18 | 746.71 |
| Avg LTV (loan to value) | 64.86% | 60.29% | 67.60% | 70.03% | 67.99% | 70.20% | 71.49% | 72.02% | 72.37% |
| Avg DTI (debt to income) | 37.62 | 33.92 | 33.78 | 32.31 | 33.91 | 34.64 | 34.24 | 32.60 | 31.60 |
| Avg refinance insurance % | 4.14% | 0.83% | 2.47% | 3.62% | 3.84% | 3.58% | 4.59% | 4.70% | 3.50% |
Best Refinance Brokers around Frankston, Texas 75763
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Frankston, Texas 75763, we have compiled a list of top refinance brokers to assist you in the process.
Kenneth Hammonds
Branch Manager
1012 Martin Avenue, Suite A
Mcallen, TX 75763
(956) 358-5088
khammonds@goldfinancial.com
Marc Mitchell
Executive Director
2256 S. Sycamore, Suite 3
Palestine, TX 75763
(903) 723-3164
marc@palestinechamber.org
Stephanie Wright
Member Services Coordinator
2256 S. Sycamore, Suite 3
Palestine, TX 75763
(903) 723-3164
info@palestinechamber.org
Danny Wren
Branch Manager
435 W. IH-45
Fairfield, TX 75763
(903) 389-8738
dwren@texasfcs.com
Cecilia Webb
Branch Production Manager
114 W. Oak Street
Palestine, TX 75763
(903) 723-9921
cwebb@cenderafunding.com
Address
1012 Martin Avenue, Suite A
Mcallen, TX
Contact
(956) 358-5088
Fax (301) 639-0804
khammonds@goldfinancial.com
Address
2256 S. Sycamore, Suite 3
Palestine, TX
Contact
(903) 723-3164
Fax (301) 639-0804
marc@palestinechamber.org
Address
2256 S. Sycamore, Suite 3
Palestine, TX
Contact
(903) 723-3164
Fax (301) 639-0804
info@palestinechamber.org