Compare Today’s Refinance Rates for Concord, Virginia 24538
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Concord, Virginia 24538.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Concord, Virginia 24538. For 30-year amortization refinancing, you can expect lifetime cash savings of $6,874 or $19 per month in Concord and other parts of Campbell county.
Summary of Average Refinances in Concord, Virginia 24538
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Interactive Refinance Rate Projections for Concord, Virginia 24538
Pureloan has developed an interactive chart to monitor the five largest local lenders in Concord, VA 24538, 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 Concord, Virginia 24538 from 2024 - 2016
The following historical data provides insights into refinancing trends in Concord, Virginia and the surrounding Campbell 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 | 92.59% | 55.21% | 51.53% | 54.12% | 57.94% | 64.29% | 52.00% | 56.67% | 56.34% |
avg refi rate | 6.64% | 3.89% | 2.99% | 3.24% | 4.39% | 4.65% | 4.21% | 3.90% | 4.08% |
% 15 year fixed refinance | 7.41% | 25.35% | 29.32% | 28.27% | 26.64% | 32.14% | 37.00% | 28.52% | 26.49% |
avg refi rate | 6.13% | 2.78% | 2.48% | 2.80% | 3.66% | 3.83% | 3.38% | 3.19% | 3.37% |
Avg credit score | 744.81 | 747.18 | 761.59 | 763.34 | 752.21 | 752.86 | 751.53 | 754.17 | 754.05 |
Avg LTV (loan to value) | 66.33% | 63.97% | 68.19% | 71.22% | 71.36% | 68.61% | 70.17% | 71.40% | 71.63% |
Avg DTI (debt to income) | 36.22 | 33.05 | 30.52 | 30.46 | 31.59 | 31.82 | 32.76 | 30.76 | 30.09 |
Avg refinance insurance % | 5.41% | 1.61% | 2.54% | 4.78% | 5.68% | 4.36% | 4.07% | 4.77% | 4.38% |
Best Refinance Brokers around Concord, Virginia 24538
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Concord, Virginia 24538, we have compiled a list of top refinance brokers to assist you in the process.
Paula Haynes
Loan Officer
2276 Franklin Tpke Ste 113
Danville, VA 24538
(434) 836-7777
phaynes@alcovamortgage.com
Mary Barnett
Mortgage Specialist
2276 Franklin Tpke Ste 113
Danville, VA 24538
(434) 836-7777
kbarnett@alcovamortgage.com
Melissa Jones
Mortgage Loan Officer
125 Collins Dr
Danville, VA 24538
(704) 289-7422
MJones@bbandt.com
Rejeana Nelson
Loan Officer
1338 Roanoke Road
Danville, VA 24538
(843) 449-2250
rnelson@alcovamortgage.com
Douglas Jacobs
Loan Officer
101 N Bridge St
Bedford, VA 24538
(540) 586-8292
douglas.b.jacobs@wellsfargo.com
Address
2276 Franklin Tpke Ste 113
Danville, VA
Contact
(434) 836-7777
Fax (301) 639-0804
phaynes@alcovamortgage.com
Address
2276 Franklin Tpke Ste 113
Danville, VA
Contact
(434) 836-7777
Fax (301) 639-0804
kbarnett@alcovamortgage.com
Address
125 Collins Dr
Danville, VA
Contact
(704) 289-7422
Fax (301) 639-0804
MJones@bbandt.com