Compare Today’s Refinance Rates for Charlottesville, Virginia 22907
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Charlottesville, Virginia 22907.
With a 30-year amortization refinance in Charlottesville and surrounding areas of Albemarle county, our calculations show that you can expect to save up to $13,197 over the lifetime of your mortgage, or a monthly savings of $37. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Charlottesville, Virginia 22907.
Summary of Average Refinances in Charlottesville, Virginia 22907
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Interactive Refinance Rate Projections for Charlottesville, Virginia 22907
Pureloan has developed an interactive chart to monitor the five largest local lenders in Charlottesville, VA 22907, 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 Charlottesville, Virginia 22907 from 2024 - 2016
The following historical data provides insights into refinancing trends in Charlottesville, Virginia and the surrounding Albemarle 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 | 80.00% | 56.13% | 61.76% | 61.90% | 62.21% | 71.57% | 53.72% | 57.54% | 57.19% |
avg refi rate | 6.50% | 3.45% | 2.92% | 3.21% | 4.09% | 4.58% | 4.10% | 3.86% | 4.03% |
% 15 year fixed refinance | 28.22% | 22.68% | 23.87% | 24.05% | 18.63% | 32.23% | 25.98% | 28.10% | |
avg refi rate | 2.57% | 2.42% | 2.76% | 3.62% | 3.90% | 3.25% | 3.05% | 3.27% | |
Avg credit score | 756.40 | 758.96 | 766.19 | 769.86 | 762.00 | 750.37 | 761.67 | 765.34 | 764.34 |
Avg LTV (loan to value) | 61.60% | 59.81% | 66.06% | 68.15% | 71.26% | 65.40% | 67.61% | 70.21% | 68.81% |
Avg DTI (debt to income) | 37.40 | 31.36 | 31.42 | 30.53 | 32.69 | 33.28 | 32.11 | 30.51 | 30.62 |
Avg refinance insurance % | 4.90% | 1.16% | 2.50% | 3.52% | 5.37% | 2.44% | 4.79% | 5.18% | 4.84% |
Best Refinance Brokers around Charlottesville, Virginia 22907
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Charlottesville, Virginia 22907, we have compiled a list of top refinance brokers to assist you in the process.
Mark Scott
Mortgage Loan Officer
699 Berkmar Ct
Charlottesville, VA 22907
(434) 242-8647
mark.scott@townebankmortgage.com
Scott Shellenberger
Loan Officer
183 Spotnap Road Suite B
Charlottesville, VA 22907
(434) 989-0335
sshellenberger@southerntrust.com
Roger West
Loan Officer
183 Spotnap Road Suite B
Charlottesville, VA 22907
(540) 448-3319
rwest@southerntrust.com
Katie Shiers
Loan Officer
183 Spotnap Road Suite B
Charlottesville, VA 22907
(434) 260-0421
kshiers@southerntrust.com
Joe Miller
Loan Officer
183 Spotnap Road Suite B
Charlottesville, VA 22907
(434) 242-9609
jmiller@southerntrust.com
Address
699 Berkmar Ct
Charlottesville, VA
Contact
(434) 242-8647
Fax (301) 639-0804
mark.scott@townebankmortgage.com
Address
183 Spotnap Road Suite B
Charlottesville, VA
Contact
(434) 989-0335
Fax (301) 639-0804
sshellenberger@southerntrust.com
Address
183 Spotnap Road Suite B
Charlottesville, VA
Contact
(540) 448-3319
Fax (301) 639-0804
rwest@southerntrust.com