Compare Today’s Refinance Rates for Madison, Wisconsin 53779
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Madison, Wisconsin 53779.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $5,940 over the lifetime of your mortgage, which translates to a monthly savings of $17 in Madison and other areas of Dane 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.
Summary of Average Refinances in Madison, Wisconsin 53779
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Interactive Refinance Rate Projections for Madison, Wisconsin 53779
Pureloan has developed an interactive chart to monitor the five largest local lenders in Madison, WI 53779, 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 Madison, Wisconsin 53779 from 2024 - 2016
The following historical data provides insights into refinancing trends in Madison, Wisconsin and the surrounding Dane 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 | 83.33% | 51.66% | 58.92% | 59.03% | 66.85% | 63.50% | 56.28% | 58.24% | 57.39% |
avg refi rate | 6.29% | 3.59% | 2.96% | 3.28% | 4.07% | 4.47% | 3.99% | 3.83% | 4.00% |
% 15 year fixed refinance | 4.17% | 29.44% | 24.46% | 24.21% | 19.62% | 19.83% | 26.48% | 24.66% | 26.49% |
avg refi rate | 5.38% | 2.70% | 2.43% | 2.75% | 3.49% | 3.75% | 3.20% | 2.98% | 3.18% |
Avg credit score | 760.38 | 752.70 | 762.50 | 766.28 | 762.19 | 752.69 | 754.52 | 759.70 | 760.28 |
Avg LTV (loan to value) | 63.42% | 60.25% | 64.58% | 68.87% | 70.94% | 67.69% | 71.46% | 72.42% | 71.75% |
Avg DTI (debt to income) | 39.50 | 31.80 | 30.21 | 30.02 | 31.13 | 32.39 | 32.12 | 30.52 | 30.63 |
Avg refinance insurance % | 3.13% | 0.81% | 1.65% | 3.04% | 4.47% | 2.70% | 4.20% | 5.34% | 5.35% |
Best Refinance Brokers around Madison, Wisconsin 53779
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Madison, Wisconsin 53779, we have compiled a list of top refinance brokers to assist you in the process.
Jon Tobias
Loan Officer
4801 S. Biltmore Lane
Madison, WI 53779
(602) 626-2202
jon@tobiasteam.com
Ben Tobias
Loan Officer
4801 S. Biltmore Lane
Madison, WI 53779
(602) 626-2202
ben@tobiasteam.com
Tim Schnautz
Loan Officer
4801 S. Biltmore Lane
Madison, WI 53779
(602) 626-2202
tim@tobiasteam.com
Rick Schnautz
Loan Officer
4801 S. Biltmore Lane
Madison, WI 53779
(602) 626-2202
rick@tobiasteam.com
Haley Parker
Loan Officer
4801 S. Biltmore Lane
Madison, WI 53779
(602) 626-2202
haley@tobiasteam.com
Address
4801 S. Biltmore Lane
Madison, WI
Contact
(602) 626-2202
Fax (301) 639-0804
jon@tobiasteam.com
Address
4801 S. Biltmore Lane
Madison, WI
Contact
(602) 626-2202
Fax (301) 639-0804
ben@tobiasteam.com
Address
4801 S. Biltmore Lane
Madison, WI
Contact
(602) 626-2202
Fax (301) 639-0804
tim@tobiasteam.com