Compare Today’s Refinance Rates for Fairfax, Vermont 05454
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Fairfax, Vermont 05454.
With a 30-year amortization refinance in Fairfax and surrounding areas of Chittenden county, our calculations show that you can expect to save up to $9,398 over the lifetime of your mortgage, or a monthly savings of $26. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Fairfax, Vermont 05454.
Summary of Average Refinances in Fairfax, Vermont 05454
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Interactive Refinance Rate Projections for Fairfax, Vermont 05454
Pureloan has developed an interactive chart to monitor the five largest local lenders in Fairfax, VT 05454, 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 Fairfax, Vermont 05454 from 2024 - 2016
The following historical data provides insights into refinancing trends in Fairfax, Vermont and the surrounding Chittenden 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 | 50.00% | 52.14% | 48.27% | 52.51% | 64.14% | 60.81% | 50.43% | 51.70% | 47.80% |
avg refi rate | 6.50% | 3.68% | 2.98% | 3.17% | 4.12% | 4.57% | 3.90% | 3.75% | 3.98% |
% 15 year fixed refinance | 25.00% | 30.77% | 34.43% | 34.82% | 24.83% | 20.27% | 41.03% | 36.36% | 40.25% |
avg refi rate | 6.25% | 2.71% | 2.43% | 2.69% | 3.57% | 3.82% | 3.09% | 2.91% | 3.13% |
Avg credit score | 746.25 | 760.98 | 767.62 | 771.49 | 766.62 | 744.18 | 767.29 | 766.87 | 765.50 |
Avg LTV (loan to value) | 48.75% | 54.83% | 61.23% | 65.21% | 66.80% | 65.92% | 65.39% | 65.90% | 64.26% |
Avg DTI (debt to income) | 32.25 | 33.97 | 32.06 | 31.49 | 31.20 | 33.55 | 33.27 | 32.29 | 31.53 |
Avg refinance insurance % | 6.25% | 0.64% | 1.44% | 1.53% | 2.24% | 1.49% | 3.43% | 1.73% | 1.53% |
Best Refinance Brokers around Fairfax, Vermont 05454
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Fairfax, Vermont 05454, we have compiled a list of top refinance brokers to assist you in the process.
Michael Brewbaker
Branch Manger
7077 Northland Circle Suite #100
Brooklyn Park, MN 05454
(763) 401-4278
michaelb@summitmortgage.com
Melissa Christenson
Loan Originator
7077 Northland Circle Suite #100
Brooklyn Park, MN 05454
(612) 247-7053
mchristenson@summitmortgage.com
Gretchen Christianson
Processor
7077 Northland Circle Suite #100
Brooklyn Park, MN 05454
(763) 390-7290
gchristianson@summit-mortgage.com
Jeff Hawes
Loan Originator
7077 Northland Circle Suite #100
Brooklyn Park, MN 05454
(763) 464-9747
jeffreyhawes@summitmortgage.com
Brandon Miller
Loan Originator
7077 Northland Circle Suite #100
Brooklyn Park, MN 05454
(715) 307-8876
bmiller@summitmortgage.com
Address
7077 Northland Circle Suite #100
Brooklyn Park, MN
Contact
(763) 401-4278
Fax (301) 639-0804
michaelb@summitmortgage.com
Address
7077 Northland Circle Suite #100
Brooklyn Park, MN
Contact
(612) 247-7053
Fax (301) 639-0804
mchristenson@summitmortgage.com
Address
7077 Northland Circle Suite #100
Brooklyn Park, MN
Contact
(763) 390-7290
Fax (301) 639-0804
gchristianson@summit-mortgage.com