Compare Today’s Refinance Rates for Callaway, Virginia 24067
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Callaway, Virginia 24067.
With a 30-year amortization refinance in Callaway and surrounding areas of Franklin county, our calculations show that you can expect to save up to $3,044 over the lifetime of your mortgage, or a monthly savings of $8. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Callaway, Virginia 24067.
Summary of Average Refinances in Callaway, Virginia 24067
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Interactive Refinance Rate Projections for Callaway, Virginia 24067
Pureloan has developed an interactive chart to monitor the five largest local lenders in Callaway, VA 24067, 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 Callaway, Virginia 24067 from 2024 - 2016
The following historical data provides insights into refinancing trends in Callaway, Virginia and the surrounding Franklin 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 Callaway, Virginia 24067
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Callaway, Virginia 24067, 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 24067
tomkulis@atlanticbay.com
Bob Williams
VP/Mortgage Specialist
1623 E Main St
Salem, VA 24067
(540) 986-0270 Ext. 30
bobwilliams@atlanticbay.com
Melvin Scales
Branch Manager /Mortgage Specialist
1623 E Main St
Salem, VA 24067
(540) 986-0270 Ext. 31
melvinscales@atlanticbay.com
Jason Biaek
Senior Mortgage Banker
1623 E Main St
Salem, VA 24067
(540) 986-0270 Ext. 32
jasonbialek@atlanticbay.com
Kelli Mowbray
Senior Mortgage Banker
1623 E Main St
Salem, VA 24067
(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