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# State-Specific Refinance Percentages – Anticipated Binance Coin (BNB) Valuation for March 26th 5, 2025
On the specified Tuesday, the states with the lowest 30-year mortgage refinance percentages included New York, Florida, New Jersey, California, Washington, Pennsylvania, and North Carolina. Across these seven states, the average 30-year refinance percentages ranged from 6.45% to 6.68%.
Conversely, the highest refinance percentages on the specified Tuesday were observed in Hawaii, Washington D.C., West Virginia, Virginia, Arizona, Oregon, and Colorado. Borrowers in these states encountered average 30-year refinance percentages ranging from 6.76% to 6.80%.
It’s important to note that mortgage refinance percentages are not consistent across the board; they fluctuate depending on the location. This regional variation arises from the fact that different lenders operate in different regions, and percentages can be influenced by state-level factors such as credit scores, average loan amounts, and specific regulations. Furthermore, each lending institution has its own approach to risk assessment, which also influences the percentages they provide.
Given the significant percentage variations between lenders, it’s always a wise decision, regardless of the type of home loan being considered, to shop around. Comparing mortgage offers and regularly monitoring interest percentages is essential for securing the most favorable deal.
### Important Note
The percentages we publish here are intentionally distinct from those attractively low percentages that may be advertised online. Those “teaser percentages” are carefully chosen to be the most appealing and are not representative of the average percentages one will find, such as the ones presented here. Often, these advertised percentages involve paying points upfront or are based on assumptions that do not apply to the majority of borrowers – perhaps an exceptionally high credit score or a loan amount smaller than what is typical. The actual percentage one qualifies for will depend on their individual financial profile, including their credit score and income, so it may differ from the averages presented here.
## National Average Mortgage Refinance Percentages
Over the past nine days, the national average 30-year refinance mortgage percentage has decreased by 27 basis points, settling at 6.71%. This signifies the lowest average percentage for 30-year refinances since mid-October.
Despite this recent decrease, today’s percentages are still significantly higher by 70 basis points than they were in September. Back then, the 30-year refinance percentage had decreased to a two-year low of 6.01%.
Mortgage interest percentages are influenced by an intricate combination of financial elements and market forces, encompassing:
* The condition of the debt market, notably the return on decade-long government bonds.
* The Central Bank’s present financial strategy, including its activities related to debt acquisition and the financing of mortgages supported by the state.
* Rivalry among varied home loan providers and the varied kinds of credit they provide.
During the Federal Reserve’s inaugural assembly of the annum, a resolution was reached to sustain stable interest percentages, suggesting a probable delay in subsequent percentage reductions by the central financial institution for numerous months. With eight annual rate-setting gatherings, there is a possibility of witnessing repeated declarations affirming the present percentages all through 2025.
## Our Methodology for Monitoring Mortgage Percentages
The aforementioned countrywide and kingdom averages are sourced from the Zillow Mortgage API. These statistics are predicated on a loan-to-Toncoin (TON) Value Forecast for March 26th ratio (LTV) of 80% (implying a minimal down fee of 20%) and a borrower’s credit score rating ranging from 680 to 739. The ensuing percentages mirror the anticipated quotes a borrower can anticipate upon receiving offers from creditors, contingent upon their qualifications, which can also vary from advertised promotional percentages. © Zillow, Inc., 2025. Utilization is governed by Zillow’s Terms of Use.
