Compare Today’s Refinance Rates for Waco, Texas 76706
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Waco, Texas 76706.
With a 30-year amortization refinance in Waco and surrounding areas of Mclennan county, our calculations show that you can expect to save up to $4,987 over the lifetime of your mortgage, or a monthly savings of $14. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Waco, Texas 76706.
Summary of Average Refinances in Waco, Texas 76706
Become a certified mortgage expert on Pureloan.com
in Waco, Texas 76706
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Waco, Texas 76706
Pureloan has developed an interactive chart to monitor the five largest local lenders in Waco, TX 76706, 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 Waco, Texas 76706 from 2024 - 2016
The following historical data provides insights into refinancing trends in Waco, Texas and the surrounding Mclennan 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 | 96.43% | 64.64% | 60.98% | 57.69% | 66.28% | 65.06% | 62.84% | 63.21% | 41.67% |
avg refi rate | 6.06% | 3.93% | 3.05% | 3.40% | 4.36% | 4.73% | 4.25% | 4.02% | 4.24% |
% 15 year fixed refinance | 3.57% | 22.32% | 26.40% | 28.91% | 27.33% | 25.90% | 30.60% | 27.36% | 43.75% |
avg refi rate | 5.38% | 2.88% | 2.53% | 2.89% | 3.88% | 4.04% | 3.48% | 3.26% | 3.53% |
Avg credit score | 747.14 | 733.57 | 743.17 | 747.81 | 746.83 | 734.82 | 739.08 | 744.72 | 746.26 |
Avg LTV (loan to value) | 64.39% | 56.19% | 66.22% | 70.73% | 68.44% | 69.10% | 72.42% | 71.90% | 69.85% |
Avg DTI (debt to income) | 39.89 | 34.99 | 33.35 | 34.37 | 34.93 | 35.34 | 34.85 | 33.22 | 32.76 |
Avg refinance insurance % | 2.36% | 0.57% | 2.22% | 3.94% | 3.42% | 2.66% | 4.16% | 4.77% | 2.30% |
Best Refinance Brokers around Waco, Texas 76706
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Waco, Texas 76706, we have compiled a list of top refinance brokers to assist you in the process.
Richard Hoxworth
Loan Officer
4714 W. Waco Dr, Suite 4714
Waco, TX 76706
(125) 493-3003
richard.hoxworth@fairwaymc.com
Justin Russell
Loan Officer
4714 W. Waco Dr, Suite 4714
Waco, TX 76706
(125) 421-6020
justin.russell@fairwaymc.com
Sarah Jamar
Loan Officer
4714 W. Waco Dr, Suite 4714
Waco, TX 76706
(254) 870-1409
sarahj@fairwaymc.com
Peter Thyen
Sales Manager/Loan Officer
4714 W. Waco Dr, Suite 4714
Waco, TX 76706
(254) 340-2470
petert@fairwaymc.com
Jennifer Sims
Loan Officer
4714 W. Waco Dr, Suite 4714
Waco, TX 76706
(817) 723-0166
jennifer.sims@fairwaymc.com
Address
4714 W. Waco Dr, Suite 4714
Waco, TX
Contact
(125) 493-3003
Fax (301) 639-0804
richard.hoxworth@fairwaymc.com
Address
4714 W. Waco Dr, Suite 4714
Waco, TX
Contact
(125) 421-6020
Fax (301) 639-0804
justin.russell@fairwaymc.com
Address
4714 W. Waco Dr, Suite 4714
Waco, TX
Contact
(254) 870-1409
Fax (301) 639-0804
sarahj@fairwaymc.com