Compare Today’s Refinance Rates for Raphine, Virginia 24472
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Raphine, Virginia 24472.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,136 over the lifetime of your mortgage, which translates to a monthly savings of $17 in Raphine and other areas of Rockbridge county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Raphine, Virginia 24472
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Interactive Refinance Rate Projections for Raphine, Virginia 24472
Pureloan has developed an interactive chart to monitor the five largest local lenders in Raphine, VA 24472, 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 Raphine, Virginia 24472 from 2024 - 2016
The following historical data provides insights into refinancing trends in Raphine, Virginia and the surrounding Rockbridge 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 | 100.00% | 59.17% | 53.72% | 57.59% | 60.23% | 67.24% | 54.02% | 60.42% | 62.89% |
| avg refi rate | 6.68% | 3.63% | 3.00% | 3.25% | 4.38% | 4.69% | 4.05% | 4.00% | 4.16% |
| % 15 year fixed refinance | 25.00% | 27.16% | 23.84% | 23.86% | 24.14% | 35.63% | 26.04% | 25.77% | |
| avg refi rate | 2.77% | 2.47% | 2.71% | 3.63% | 3.89% | 3.33% | 3.27% | 3.33% | |
| Avg credit score | 726.43 | 741.53 | 758.56 | 758.46 | 750.76 | 748.84 | 753.53 | 750.13 | 757.88 |
| Avg LTV (loan to value) | 70.29% | 64.75% | 65.75% | 69.49% | 67.60% | 69.16% | 64.31% | 71.79% | 68.47% |
| Avg DTI (debt to income) | 37.71 | 32.89 | 32.18 | 31.92 | 34.07 | 32.09 | 32.25 | 33.09 | 31.12 |
| Avg refinance insurance % | 10.57% | 1.23% | 2.27% | 3.49% | 3.75% | 5.48% | 2.60% | 4.79% | 2.59% |
Best Refinance Brokers around Raphine, Virginia 24472
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Raphine, Virginia 24472, we have compiled a list of top refinance brokers to assist you in the process.
Douglas Jacobs
Loan Officer
101 N Bridge St
Bedford, VA 24472
(540) 586-8292
douglas.b.jacobs@wellsfargo.com
Jason Owens
Loan Officer
101 N Bridge St
Bedford, VA 24472
(540) 586-8292
jason.owens@wellsfargo.com
Regina Moskall
Loan Officer
101 N Bridge St
Bedford, VA 24472
(540) 586-8292
regina.moskall@wellsfargo.com
Shirley Falwell
Branch Manager
102 Annjo Ct
Forest, VA 24472
(434) 385-0700
sfalwell@cfmortgagecorp.com
Katherine Tabb
Loan Officer
1037 Main St
Altavista, VA 24472
(434) 369-4761
katherine.tabb@wellsfargo.com
Address
101 N Bridge St
Bedford, VA
Contact
(540) 586-8292
Fax (301) 639-0804
douglas.b.jacobs@wellsfargo.com
Address
101 N Bridge St
Bedford, VA
Contact
(540) 586-8292
Fax (301) 639-0804
jason.owens@wellsfargo.com
Address
101 N Bridge St
Bedford, VA
Contact
(540) 586-8292
Fax (301) 639-0804
regina.moskall@wellsfargo.com