Compare Today’s Refinance Rates for Tacoma, Washington 98424

Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Tacoma, Washington 98424.

Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $5,533 over the lifetime of your mortgage, which translates to a monthly savings of $15 in Tacoma and other areas of Pierce county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

47.243632 -122.350962 41018

Summary of Average Refinances in Tacoma, Washington 98424

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Tacoma, Washington 98424

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Tacoma, WA 98424, 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 Tacoma, Washington 98424

Tacoma is the county seat of Pierce County, Washington, United States. A port city, it is situated along Washington's Puget Sound, 32 miles southwest of Seattle, 31 miles northeast of the state capital, Olympia, and 58 miles northwest of Mount Rainier National Park. The city's population was 219,346 at the time of the 2020 census. Read more

Tacoma is the county seat of Pierce County, Washington, United States. A port city, it is situated along Washington's Puget Sound, 32 miles southwest of Seattle, 31 miles northeast of the state capital, Olympia, and 58 miles northwest of Mount Rainier National Park. The city's population was 219,346 at the time of the 2020 census. Tacoma is the second-largest city in the Puget Sound area and the third-largest in the state. Tacoma also serves as the center of business activity for the South Sound region, which has a population of about 1 million.

Tacoma adopted its name after the nearby Mount Rainier, called təˡqʷuʔbəʔ in the Puget Sound Salish dialect. It is locally known as the "City of Destiny" because the area was chosen to be the western terminus of the Northern Pacific Railroad in the late 19th century. The decision of the railroad was influenced by Tacoma's neighboring deep-water harbor, Commencement Bay. By connecting the bay with the railroad, Tacoma's motto became "When rails meet sails". Commencement Bay serves the Port of Tacoma, a center of international trade on the Pacific Coast and Washington's largest port. The city gained notoriety in 1940 for the collapse of the Tacoma Narrows Bridge, which earned the nickname "Galloping Gertie" due to the vertical movement of the deck during windy conditions.

Like most industrial cities, Tacoma suffered a prolonged decline in the mid-20th century as a result of suburbanization and divestment. Since the 1990s, downtown Tacoma has experienced a period of revitalization. Developments in the downtown include the University of Washington Tacoma; the T Line, the first modern electric light rail service in the state; the state's highest density of art and history museums; and a restored urban waterfront, the Thea Foss Waterway. Read less

Historical Refinance Rates in Tacoma, Washington 98424 from 2024 - 2016

The following historical data provides insights into refinancing trends in Tacoma, Washington and the surrounding Pierce 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%

Source: Financial Report of the US Government

Best Refinance Brokers around Tacoma, Washington 98424

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Tacoma, Washington 98424, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Scott Leingang

Mortgage Team Leader

9802 Gravelly Lake Drive

Tacoma, WA 98424

(253) 671-0839

scott.leingang@heritagebanknw.com

Joyce Gorny

Mortgage Loan Officer

1119 Pacific Avenue

Tacoma, WA 98424

(253) 671-3733

joyce.taylor-gorny@heritagebanknw.com

Peter Glein

Mortgage Loan Programs

6510 6th Ave

Tacoma, WA 98424

(253) 444-3640

p.glein@alaskausamortgage.com

Marcy Duenhoelter

Mortgage Loan Programs

6510 6th Ave

Tacoma, WA 98424

(253) 444-3640

m.duenhoelter@alaskausamortgage.com

Russell Campbell

Loan Officer

4301 S. Pine St, Suites 160 & 110

Tacoma, WA 98424

(253) 888-4984

rcampbell@guildmortgage.com

Address

9802 Gravelly Lake Drive

Tacoma, WA

Contact

(253) 671-0839

Fax (301) 639-0804

scott.leingang@heritagebanknw.com

Address

1119 Pacific Avenue

Tacoma, WA

Contact

(253) 671-3733

Fax (301) 639-0804

joyce.taylor-gorny@heritagebanknw.com

Address

6510 6th Ave

Tacoma, WA

Contact

(253) 444-3640

Fax (301) 639-0804

p.glein@alaskausamortgage.com

Refinancing News for Tacoma, Washington 98424