Compare Today’s Refinance Rates for Redwater, Texas 75573
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Redwater, Texas 75573.
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 Redwater and other areas of Bowie 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 Redwater, Texas 75573
Become a certified mortgage expert on Pureloan.com
in Redwater, Texas 75573
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Redwater, Texas 75573
Pureloan has developed an interactive chart to monitor the five largest local lenders in Redwater, TX 75573, 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 Redwater, Texas 75573 from 2024 - 2016
The following historical data provides insights into refinancing trends in Redwater, Texas and the surrounding Bowie 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 | 87.38% | 52.54% | 53.06% | 55.63% | 60.56% | 56.33% | 45.86% | 48.99% | 44.00% |
| avg refi rate | 6.43% | 3.54% | 2.89% | 3.18% | 3.99% | 4.58% | 4.11% | 3.87% | 4.09% |
| % 15 year fixed refinance | 8.74% | 30.33% | 32.14% | 31.12% | 26.68% | 30.80% | 42.21% | 38.39% | 42.06% |
| avg refi rate | 5.78% | 2.58% | 2.33% | 2.71% | 3.42% | 3.89% | 3.33% | 3.11% | 3.32% |
| Avg credit score | 743.96 | 751.30 | 759.20 | 764.42 | 753.78 | 736.95 | 739.95 | 747.91 | 746.41 |
| Avg LTV (loan to value) | 55.28% | 57.95% | 65.52% | 69.83% | 71.18% | 63.41% | 64.54% | 67.68% | 69.71% |
| Avg DTI (debt to income) | 37.95 | 34.93 | 32.56 | 32.27 | 34.47 | 35.77 | 34.42 | 33.15 | 32.70 |
| Avg refinance insurance % | 1.48% | 0.45% | 2.26% | 4.09% | 5.61% | 1.72% | 1.38% | 1.87% | 2.03% |
Best Refinance Brokers around Redwater, Texas 75573
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Redwater, Texas 75573, we have compiled a list of top refinance brokers to assist you in the process.
Shane Best
Mortgage Loan Officer
300 E Whaley St
Longview, TX 75573
(903) 237-5500
zbest@texasbankandtrust.com
John Dyer
Mortgage Loan Officer
300 E Whaley St
Longview, TX 75573
(903) 237-5500
bdyer@texasbankandtrust.com
Laura Estep
Mortgage Loan Officer
300 E Whaley St
Longview, TX 75573
(903) 237-5500
cestep@texasbankandtrust.com
Heath Hamberlin
Mortgage Loan Officer
300 E Whaley St
Longview, TX 75573
(903) 237-5500
hhamberlin@texasbankandtrust.com
Jennifer Harper
Mortgage Loan Officer
300 E Whaley St
Longview, TX 75573
(903) 237-5500
jharper@texasbankandtrust.com
Address
300 E Whaley St
Longview, TX
Contact
(903) 237-5500
Fax (301) 639-0804
zbest@texasbankandtrust.com
Address
300 E Whaley St
Longview, TX
Contact
(903) 237-5500
Fax (301) 639-0804
bdyer@texasbankandtrust.com
Address
300 E Whaley St
Longview, TX
Contact
(903) 237-5500
Fax (301) 639-0804
cestep@texasbankandtrust.com