Compare Today’s Refinance Rates for Kent, Washington 98031
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Kent, Washington 98031.
With a 30-year amortization refinance in Kent and surrounding areas of King county, our calculations show that you can expect to save up to $7,216 over the lifetime of your mortgage, or a monthly savings of $20. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Kent, Washington 98031.
Summary of Average Refinances in Kent, Washington 98031
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Interactive Refinance Rate Projections for Kent, Washington 98031
Pureloan has developed an interactive chart to monitor the five largest local lenders in Kent, WA 98031, 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 Kent, Washington 98031 from 2024 - 2016
The following historical data provides insights into refinancing trends in Kent, Washington and the surrounding King 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 | 84.21% | 63.48% | 71.68% | 73.13% | 76.59% | 71.42% | 66.71% | 69.98% | 68.14% |
avg refi rate | 6.30% | 3.44% | 2.85% | 3.17% | 4.01% | 4.48% | 4.04% | 3.86% | 4.05% |
% 15 year fixed refinance | 10.53% | 24.08% | 18.84% | 18.26% | 16.15% | 20.67% | 24.60% | 22.13% | 22.08% |
avg refi rate | 5.25% | 2.58% | 2.36% | 2.71% | 3.41% | 3.78% | 3.26% | 3.09% | 3.24% |
Avg credit score | 758.08 | 760.52 | 767.34 | 768.62 | 758.06 | 748.00 | 753.66 | 759.34 | 762.25 |
Avg LTV (loan to value) | 50.26% | 49.34% | 56.67% | 60.83% | 65.18% | 58.38% | 62.45% | 64.87% | 68.05% |
Avg DTI (debt to income) | 35.97 | 34.03 | 31.74 | 31.95 | 34.09 | 35.37 | 34.27 | 32.75 | 32.78 |
Avg refinance insurance % | 0.32% | 0.63% | 0.94% | 1.84% | 3.37% | 0.92% | 1.51% | 1.71% | 2.76% |
Best Refinance Brokers around Kent, Washington 98031
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Kent, Washington 98031, we have compiled a list of top refinance brokers to assist you in the process.
Steve Lewis
Branch Manager | Mortgage Advisor
841 Central Ave N
Kent, WA 98031
(253) 854-5000
slewis@absoluteloans.com
Ulises Andrade
Mortgage Advisor
841 Central Ave N
Kent, WA 98031
(253) 854-5000
uandrade@absoluteloans.com
Randy Mehl
Mortgage Advisor
841 Central Ave N
Kent, WA 98031
(253) 854-5000
rmehl@absoluteloans.com
David Parr
Commercial Loan Officer
20829 72nd Ave South
Kent, WA 98031
(800) 809-1377
david.parr@homestreet.com
Mike Miller
Commercial Loan Officer
20829 72nd Ave South
Kent, WA 98031
(800) 809-1377
mike.miller@homestreet.com
Address
841 Central Ave N
Kent, WA
Contact
(253) 854-5000
Fax (301) 639-0804
slewis@absoluteloans.com
Address
841 Central Ave N
Kent, WA
Contact
(253) 854-5000
Fax (301) 639-0804
uandrade@absoluteloans.com
Address
841 Central Ave N
Kent, WA
Contact
(253) 854-5000
Fax (301) 639-0804
rmehl@absoluteloans.com