Compare Today’s Refinance Rates for Lubbock, Texas 79414
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Lubbock, Texas 79414.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $5,343 over the lifetime of your mortgage, which translates to a monthly savings of $15 in Lubbock and other areas of Lubbock 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 Lubbock, Texas 79414
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Interactive Refinance Rate Projections for Lubbock, Texas 79414
Pureloan has developed an interactive chart to monitor the five largest local lenders in Lubbock, TX 79414, 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 Lubbock, Texas 79414 from 2024 - 2016
The following historical data provides insights into refinancing trends in Lubbock, Texas and the surrounding Lubbock 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% | 41.11% | 39.18% | 47.53% | 53.06% | 53.66% | 42.31% | 48.48% | 27.27% |
avg refi rate | 6.35% | 3.68% | 3.00% | 3.24% | 4.37% | 4.48% | 4.19% | 4.05% | 3.94% |
% 15 year fixed refinance | 35.56% | 45.52% | 35.43% | 42.86% | 34.15% | 44.23% | 42.42% | 48.48% | |
avg refi rate | 3.00% | 2.53% | 2.85% | 3.98% | 4.07% | 3.46% | 3.18% | 3.44% | |
Avg credit score | 747.17 | 728.57 | 741.76 | 751.19 | 730.82 | 741.44 | 735.75 | 737.98 | 723.30 |
Avg LTV (loan to value) | 77.83% | 67.73% | 71.14% | 73.58% | 71.29% | 70.68% | 69.02% | 73.23% | 69.73% |
Avg DTI (debt to income) | 34.50 | 33.43 | 32.93 | 32.05 | 35.08 | 32.95 | 35.69 | 32.83 | 32.61 |
Avg refinance insurance % | 8.33% | 3.89% | 4.71% | 5.82% | 3.65% | 7.63% | 3.71% | 3.94% | 3.70% |
Best Refinance Brokers around Lubbock, Texas 79414
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Lubbock, Texas 79414, we have compiled a list of top refinance brokers to assist you in the process.
Talana Robinson
Mortgage Lender
10115 Quaker Ave
Lubbock, TX 79414
(806) 771-9433
talana.robinson@southwbank.com
Sherry Robinson
Mortgage Lender
10115 Quaker Ave
Lubbock, TX 79414
(806) 771-9433
sherry.robinson@southwbank.com
Lacey Mcclesky
Mortgage Lender
10115 Quaker Ave
Lubbock, TX 79414
(806) 771-9433
lacy.mccleskey@southwbank.com
Brody Berry
Mortgage Lender
10115 Quaker Ave
Lubbock, TX 79414
(806) 771-9433
brody.jeffries@southwbank.com
Gary Henry
Mortgage Lender
7806 Indiana Ave
Lubbock, TX 79414
(806) 687-6000
ghenry@primewestcorp.com
Address
10115 Quaker Ave
Lubbock, TX
Contact
(806) 771-9433
Fax (301) 639-0804
talana.robinson@southwbank.com
Address
10115 Quaker Ave
Lubbock, TX
Contact
(806) 771-9433
Fax (301) 639-0804
sherry.robinson@southwbank.com
Address
10115 Quaker Ave
Lubbock, TX
Contact
(806) 771-9433
Fax (301) 639-0804
lacy.mccleskey@southwbank.com