Compare Today’s Refinance Rates for South Boston, Virginia 24592
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in South Boston, Virginia 24592.
With a 30-year amortization refinance in South Boston and surrounding areas of Halifax county, our calculations show that you can expect to save up to $6,136 over the lifetime of your mortgage, or a monthly savings of $17. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for South Boston, Virginia 24592.
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Summary of Average Refinances in South Boston, Virginia 24592
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for South Boston, Virginia 24592
Pureloan has developed an interactive chart to monitor the five largest local lenders in South Boston, VA 24592, 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 South Boston, Virginia 24592 from 2024 - 2016
The following historical data provides insights into refinancing trends in South Boston, Virginia and the surrounding Halifax 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 South Boston, Virginia 24592
If you are considering refinancing your mortgage or obtaining a cash-out refinance in South Boston, Virginia 24592, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Philip Cook
Loan Officer
20089 Riverside Dr
Grundy, VA 24592
(276) 935-3444
philip.cook@trupointbank.com
Drema Looney
Loan Officer
20089 Riverside Dr
Grundy, VA 24592
(276) 964-7445
drema.looney@trupointbank.com
Regina Belcher
Loan Officer
20089 Riverside Dr
Grundy, VA 24592
(276) 623-5200
regina.belcher@trupointbank.com
Address
20089 Riverside Dr
Grundy, VA
Contact
(276) 935-3444
Fax (301) 639-0804
philip.cook@trupointbank.com
Address
20089 Riverside Dr
Grundy, VA
Contact
(276) 964-7445
Fax (301) 639-0804
drema.looney@trupointbank.com
Address
20089 Riverside Dr
Grundy, VA
Contact
(276) 623-5200
Fax (301) 639-0804
regina.belcher@trupointbank.com