Compare Today’s Refinance Rates for Norfolk, Virginia

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Norfolk, Virginia 23541. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Norfolk and surrounding areas of Norfolk City county, your expected lifetime cash savings are $5,292 or $15 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Norfolk, Virginia 23541.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Norfolk, Virginia 23541

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Norfolk, VA

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Norfolk, VA 23541, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Norfolk, VA

Refinance Rates for Norfolk, Virginia 23541 from 2013 - 2020

Below are historical data on refinancing in Norfolk, Virginia and around Norfolk City county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 56.48% 51.82% 53.12% 59.02% 66.40% 64.51% 65.94% 54.25%
avg refi rate 4.83% 4.51% 3.89% 3.70% 4.50% 4.08% 3.87% 3.97%
% 15 year fixed refinance 24.79% 27.07% 28.39% 29.36% 21.46% 20.98% 20.50% 25.51%
avg refi rate 4.21% 3.78% 3.23% 2.96% 3.50% 3.21% 3.06% 3.13%
Avg credit score 765.78 764.40 768.49 762.28 748.56 753.68 753.15 749.03
Avg LTV (loan to value) 63.19% 64.41% 65.88% 68.31% 72.50% 74.44% 72.89% 68.80%
Avg DTI (debt to income) 31.68 31.38 30.44 31.37 34.47 33.61 33.69 34.49
Avg refinance insurance % 1.34% 1.78% 2.26% 3.25% 5.34% 6.42% 5.12% 3.35%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Norfolk, Virginia 23541

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Norfolk, Virginia 23541, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Paul Venable

Senior Mortgage Loan Officer Paul Venable

500 W. 21st Street,

Norfolk, VA 23541

(757) 439-5186

paul.venable@townebankmortgage.com

Jd Scott

Mortgage Loan Officer

500 W. 21st Street,

Norfolk, VA 23541

(757) 572-6830

jd.scott@townebankmortgage.com

Sam Meekins

SVP Mortgage Area Manager Norfolk/Chesapeake Sam Meekins

500 W. 21st Street,

Norfolk, VA 23541

(757) 286-6225

sam.meekins@townebankmortgage.com

Todd Mclaughlin

Mortgage Loan Officer Todd McLaughlin

500 W. 21st Street,

Norfolk, VA 23541

(757) 869-7782

todd.mclaughlin@townebankmortgage.com

Stefanie Levensalor

Senior Mortgage Loan Officer Stefanie Levensalor

500 W. 21st Street,

Norfolk, VA 23541

(757) 478-8552

stefanie.levensalor@townebankmortgage.com

Address

500 W. 21st Street,

Norfolk, VA

Contact

(757) 439-5186

Fax (301) 639-0804

paul.venable@townebankmortgage.com

Address

500 W. 21st Street,

Norfolk, VA

Contact

(757) 572-6830

Fax (301) 639-0804

jd.scott@townebankmortgage.com

Address

500 W. 21st Street,

Norfolk, VA

Contact

(757) 286-6225

Fax (301) 639-0804

sam.meekins@townebankmortgage.com

Refinancing News for Norfolk, Virginia 23541