Compare Today’s Refinance Rates for Somerville, Virginia

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Somerville, Virginia 22739. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $45,586 or $127 / month in Somerville and other areas of Fauquier county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Somerville, Virginia 22739.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

38.488641 -77.639488

Summary of Average Refinance Terms in Somerville, Virginia 22739

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Somerville, VA

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Somerville, VA 22739, 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 Somerville, VA

Refinance Rates for Somerville, Virginia 22739 from 2014 - 2021

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

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 67.32% 58.10% 62.70% 66.91% 72.71% 66.91% 69.03% 61.56%
avg refi rate 4.79% 4.42% 3.87% 3.69% 4.44% 4.05% 3.81% 3.96%
% 15 year fixed refinance 24.95% 30.60% 27.99% 26.28% 21.30% 24.26% 21.93% 31.83%
avg refi rate 4.20% 3.71% 3.21% 2.94% 3.43% 3.20% 2.98% 3.07%
Avg credit score 775.40 773.75 775.19 768.88 753.29 761.81 767.29 757.87
Avg LTV (loan to value) 58.98% 61.10% 60.71% 63.12% 66.54% 66.36% 67.82% 64.84%
Avg DTI (debt to income) 29.47 30.49 29.58 30.19 33.22 32.85 32.78 33.36
Avg refinance insurance % 0.47% 0.70% 0.93% 2.02% 2.63% 2.82% 3.72% 2.80%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Somerville, Virginia 22739

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Somerville, Virginia 22739, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Blane Stewart

Loan officer

114 N West St

Culpeper, VA 22739

(540) 717-6237

bstewart@slshomeloans.com

Meredith Dunahoo

Loan officer

114 N West St

Culpeper, VA 22739

(540) 829-0030

mdunahoo@slshomeloans.com

Kathleen Hoffmaster

Mortgage Loan Officer

703 James Madison Hwy

Culpeper, VA 22739

(828) 437-4981

KHoffmaster@bbandt.com

Blane Stewart

Branch Manager

19373 Carpenters Branch Road

Brandy Station, VA 22739

(540) 829-0030

blanes@nfmlending.com

Address

114 N West St

Culpeper, VA

Contact

(540) 717-6237

Fax (301) 639-0804

bstewart@slshomeloans.com

Address

114 N West St

Culpeper, VA

Contact

(540) 829-0030

Fax (301) 639-0804

mdunahoo@slshomeloans.com

Address

703 James Madison Hwy

Culpeper, VA

Contact

(828) 437-4981

Fax (301) 639-0804

KHoffmaster@bbandt.com

Refinancing News for Somerville, Virginia 22739