Compare Today’s Refinance Rates for Buchanan, Virginia 24066
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Buchanan, Virginia 24066.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Buchanan, Virginia 24066. For 30-year amortization refinancing, you can expect lifetime cash savings of $6,874 or $19 per month in Buchanan and other parts of Botetourt county.
Summary of Average Refinances in Buchanan, Virginia 24066
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Interactive Refinance Rate Projections for Buchanan, Virginia 24066
Pureloan has developed an interactive chart to monitor the five largest local lenders in Buchanan, VA 24066, 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 Buchanan, Virginia 24066 from 2024 - 2016
The following historical data provides insights into refinancing trends in Buchanan, Virginia and the surrounding Botetourt 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 | 83.33% | 54.03% | 55.08% | 51.91% | 51.21% | 51.61% | 46.64% | 51.83% | 48.18% |
avg refi rate | 6.60% | 3.61% | 2.96% | 3.27% | 4.14% | 4.55% | 4.09% | 3.88% | 4.12% |
% 15 year fixed refinance | 8.33% | 27.85% | 28.32% | 29.65% | 31.88% | 34.68% | 37.67% | 32.23% | 35.40% |
avg refi rate | 5.13% | 2.80% | 2.48% | 2.79% | 3.63% | 3.89% | 3.34% | 3.16% | 3.35% |
Avg credit score | 754.25 | 746.19 | 758.27 | 770.21 | 754.80 | 748.13 | 754.14 | 755.42 | 760.98 |
Avg LTV (loan to value) | 65.17% | 62.59% | 68.13% | 71.16% | 71.60% | 68.69% | 70.58% | 73.86% | 70.27% |
Avg DTI (debt to income) | 39.33 | 32.34 | 29.93 | 30.39 | 32.22 | 30.18 | 32.09 | 31.66 | 30.61 |
Avg refinance insurance % | 3.50% | 1.33% | 2.54% | 3.92% | 5.07% | 5.02% | 2.72% | 5.71% | 4.47% |
Best Refinance Brokers around Buchanan, Virginia 24066
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Buchanan, Virginia 24066, we have compiled a list of top refinance brokers to assist you in the process.
Tom Kulis
Mortgage Banker
1001 W Main St
Radford, VA 24066
tomkulis@atlanticbay.com
Bob Williams
VP/Mortgage Specialist
1623 E Main St
Salem, VA 24066
(540) 986-0270 Ext. 30
bobwilliams@atlanticbay.com
Melvin Scales
Branch Manager /Mortgage Specialist
1623 E Main St
Salem, VA 24066
(540) 986-0270 Ext. 31
melvinscales@atlanticbay.com
Jason Biaek
Senior Mortgage Banker
1623 E Main St
Salem, VA 24066
(540) 986-0270 Ext. 32
jasonbialek@atlanticbay.com
Kelli Mowbray
Senior Mortgage Banker
1623 E Main St
Salem, VA 24066
(540) 986-0270 Ext. 30
kellimowbray@atlanticbay.com
Address
1001 W Main St
Radford, VA
Contact
Fax (301) 639-0804
tomkulis@atlanticbay.com
Address
1623 E Main St
Salem, VA
Contact
(540) 986-0270 Ext. 30
Fax (301) 639-0804
bobwilliams@atlanticbay.com
Address
1623 E Main St
Salem, VA
Contact
(540) 986-0270 Ext. 31
Fax (301) 639-0804
melvinscales@atlanticbay.com