Compare Today’s Refinance Rates for Spotsylvania, Virginia 22551

Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Spotsylvania, Virginia 22551.

Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Spotsylvania, Virginia 22551. For 30-year amortization refinancing, you can expect lifetime cash savings of $17,693 or $49 per month in Spotsylvania and other parts of Spotsylvania county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

38.200965 -77.589154 41718

Summary of Average Refinances in Spotsylvania, Virginia 22551

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Spotsylvania, Virginia 22551

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Spotsylvania, VA 22551, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in Spotsylvania, Virginia 22551

Spotsylvania Courthouse is a census-designated place and the county seat of Spotsylvania County, Virginia, United States, located 10 miles southwest of Fredericksburg. Recognized by the U.S. Census Bureau as a census designated place, the population was 4,239 at the 2010 census. Read more

Spotsylvania Courthouse is a census-designated place and the county seat of Spotsylvania County, Virginia, United States, located 10 miles southwest of Fredericksburg. Recognized by the U.S. Census Bureau as a census designated place, the population was 4,239 at the 2010 census.

During the American Civil War, the crossroads community became a Union objective during the Battle of Spotsylvania Courthouse, fought May 8–21, 1864. The battle, which ended in stalemate, included a brutal 20-hour struggle over a section of the Confederate defenses that became known as the "Bloody Angle". The site of the Bloody Angle and other portions of the battlefield are preserved as part of Fredericksburg and Spotsylvania County Battlefields Memorial National Military Park and administered by the National Park Service. The Fredericksburg and Spotsylvania National Military Park includes three cemeteries. Over 15,000 Union soldiers, many unidentified, are buried in the Fredericksburg National Cemetery. The other two cemeteries are dedicated to fallen Confederate soldiers. Read less

Historical Refinance Rates in Spotsylvania, Virginia 22551 from 2024 - 2016

The following historical data provides insights into refinancing trends in Spotsylvania, Virginia and the surrounding Spotsylvania 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 90.91% 59.04% 66.42% 65.46% 68.62% 66.13% 62.03% 70.79% 63.32%
avg refi rate 5.93% 3.51% 2.96% 3.27% 4.14% 4.58% 4.06% 3.86% 4.10%
% 15 year fixed refinance 9.09% 21.77% 21.00% 19.39% 20.50% 24.19% 29.54% 20.63% 25.10%
avg refi rate 5.38% 2.68% 2.46% 2.82% 3.61% 3.91% 3.34% 3.11% 3.31%
Avg credit score 737.00 740.04 764.03 758.06 748.68 748.18 756.64 761.36 759.60
Avg LTV (loan to value) 59.09% 60.84% 67.92% 72.07% 73.66% 71.20% 72.39% 73.41% 72.19%
Avg DTI (debt to income) 37.00 32.40 31.34 31.17 32.94 33.52 31.89 31.16 30.56
Avg refinance insurance % 1.20% 2.73% 4.88% 6.10% 4.78% 5.24% 5.72% 4.68%

Source: Financial Report of the US Government

Best Refinance Brokers around Spotsylvania, Virginia 22551

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Spotsylvania, Virginia 22551, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Dale Fritts

Senior Loan Officer

2 E Main St

Berryville, VA 22551

(540) 545-4921

dfritts@bankofclarke.com

Nancy Abe

Loan Officer

2 E Main St

Berryville, VA 22551

(540) 545-4926

nabe@bankofclarke.com

Judy Bowman

Branch Manager/Mortgage Specialist

2 E Main St

Berryville, VA 22551

(540) 837-1510

jbowman@bankofclarke.com

Barbara Clark

Branch Manager/Mortgage Specialist

2 E Main St

Berryville, VA 22551

(540) 667-9522

bclark@bankofclarke.com

Sherri Dorsey

Loan Officer

2 E Main St

Berryville, VA 22551

(540) 545-4928

sdorsey@bankofclarke.com

Address

2 E Main St

Berryville, VA

Contact

(540) 545-4921

Fax (301) 639-0804

dfritts@bankofclarke.com

Address

2 E Main St

Berryville, VA

Contact

(540) 545-4926

Fax (301) 639-0804

nabe@bankofclarke.com

Address

2 E Main St

Berryville, VA

Contact

(540) 837-1510

Fax (301) 639-0804

jbowman@bankofclarke.com

Refinancing News for Spotsylvania, Virginia 22551