Current Mortgage Refinance Rates in Tennessee Today
TENNESSEE MORTGAGE REFINANCE RATES TODAY
Current mortgage refinance rates in
Tennessee.
Apply online or call for a complimentary mortgage consultation.
Compare mortgage refinance rates in Tennessee.
Key Points
• Refinancing your mortgage can reduce your monthly payments or save you money on interest in the long run, especially if the current rates are in your favor.
• You can choose from a fixed-rate mortgage to an adjustable-rate mortgage (ARM). ARMs can offer lower initial rates, making them a good choice if you plan to move before the rate adjusts, potentially providing short-term financial relief.
• Refinancing to a 15-year mortgage in Tennessee can significantly reduce the total interest paid over the life of the loan, despite higher monthly payments.
• Higher credit scores typically secure more favorable refinance rates. Maintaining good credit can lead to significant savings over the life of the loan.
• To get the best available mortgage refinance rate in Tennessee, build your good credit score, maintain a low debt-to-income ratio, and compare offers from different lenders.
Introduction to Mortgage Refinance Rates
Mortgage refinance rates play a crucial role in your decision to refinance your home. By swapping out your current mortgage for a new one, you might snag more favorable terms or a lower interest rate.
The refinance path you pick should align with your financial aspirations, whether that’s reducing your monthly payments, cutting down your loan term, or tapping into your home’s equity. This guide is your go-to for unraveling how mortgage refinance rates in Tennessee are set and how to lock in the best one for you.
💡 Quick Tip: Wondering how to refinance a mortgage? The process, which takes about 30 to 45 days, is similar to when you got your original home loan.
Where Do Mortgage Refinance Interest Rates Come From?
Mortgage refinance rates are influenced by both economic factors and your personal financial situation. Economic factors that can impact your Tennessee refinance rate include Federal Reserve policy, inflation, the bond market, and housing inventory levels. Generally speaking, high inflation and rising federal funds rates can lead to higher mortgage refinance rates, while rising bond prices can lead to lower rates.
On the personal side, a borrower’s credit score significantly affects refinance rates, as higher scores often lead to better terms. Debt-to-income (DTI) ratio also matters, with lower DTI ratios signaling to lenders that the borrower can manage their financial obligations. Loan-to-value (LTV) ratio plays a role as well, with more home equity reducing lender risk and potentially lowering interest rates.
By understanding these factors, you can better anticipate rate movements and make an informed decision about when to refinance your mortgage.
How Interest Rates Affect Home Affordability
Your mortgage refinance rate is a key player in the financial game, impacting both your monthly
payment and the overall cost of your loan. Let’s look at an example:
With a $200,000 loan at a 6.00% interest rate over 30 years, you’d be looking at a monthly payment of $1,199. But if the interest rate were to jump to 8.00%, that monthly payment would swell to $1,467. Over time, that seemingly small 2% difference in interest could add up to nearly $100,000 in savings. It’s a big deal, and it’s why we’re here to help you get the best rate possible.
Here’s a closer look at how different interest rates and loan terms affect payments and total interest paid on a $200,000 loan:
| Interest Rate | Monthly Payment | Total Interest |
|---|---|---|
| 6.00% | $1,199 | $231,677 |
| 6.50% | $1,264 | $255,085 |
| 7.00% | $1,330 | $279,021 |
| 7.50% | $1,398 | $303,403 |
| 8.00% | $1,467 | $328,309 |
Trends in Mortgage Interest Rates
The past few years have seen significant movement in mortgage refinance rates in Tennessee and in the U.S. The average 30-year fixed mortgage rate in the U.S. was 2.96% in 2021, and by 2023, it was up to 7.03%. As of March 2025, average rates were 6.65%.
Historical U.S. Mortgage Interest Rates
According to Freddie Mac, rates are expected to remain around current levels for the foreseeable future. With these trends in mind, it’s important to keep an eye on the market and consider refinancing if you think you could get a better rate or terms on your loan.
Historical Interest Rates in Tennessee
Tennessee has seen significant movement in mortgage refinance rates over the years, following the national trends. Below, you can compare Tennessee and U.S. rates from 2000 to 2018 — they’re similar but not identical. (The Federal Housing Finance Agency stopped compiling state averages after 2018.)
| Year | Tennessee Rate | National Rate |
|---|---|---|
| 2000 | 7.99 | 8.14 |
| 2001 | 6.95 | 7.03 |
| 2002 | 6.55 | 6.62 |
| 2003 | 5.80 | 5.83 |
| 2004 | 5.85 | 5.95 |
| 2005 | 5.96 | 6.00 |
| 2006 | 6.58 | 6.60 |
| 2007 | 6.34 | 6.44 |
| 2008 | 6.03 | 6.09 |
| 2009 | 4.95 | 5.06 |
| 2010 | 4.70 | 4.84 |
| 2011 | 4.50 | 4.66 |
| 2012 | 3.63 | 3.74 |
| 2013 | 3.82 | 3.92 |
| 2014 | 4.11 | 4.24 |
| 2015 | 3.83 | 3.91 |
| 2016 | 3.65 | 3.72 |
| 2017 | 4.01 | 4.03 |
| 2018 | 4.56 | 4.57 |
💡 Quick Tip: Some lenders offer a so-called no-closing-cost refinance. However, that usually means either rolling the closing costs into the new mortgage principal or exchanging them for a higher interest rate.
Why Refinance in Tennessee?
Refinancing your mortgage is a smart financial move, but it’s not one to be taken lightly. If the current mortgage refinance rates in Tennessee are lower than the rate you’re locked into, it’s a prime opportunity to refinance your home. This could mean a reduced monthly payment and significant savings over the loan’s lifetime.
Refinancing also gives you a chance to switch from an adjustable-rate to a fixed-rate mortgage, which can provide a more secure financial foundation. Worth noting: The rule of thumb is to have at least 20% equity in your home, especially if you’re considering a cash-out refinance.
Common Reasons to Refinance a Mortgage
Common reasons homeowners in Tennessee may want to refinance their mortgage include:
• You may be eligible for a lower mortgage refinance rate because of better credit or market conditions.
• You’re considering adjusting your repayment term to better suit your financial goals.
• You’re looking to tap into your home’s equity to cover expenses such as college tuition or home improvements.
• Your adjustable-rate mortgage is about to reset, and you want to switch to a fixed-rate loan.
• You have an FHA loan and 20% equity, and you’re eager to eliminate mortgage insurance.
• You’re looking to remove a cosigner or untangle finances from a past relationship.
How to Compare Mortgage Refi Interest Rates
Homeowners with strong credit and a low debt-to-income ratio may secure much lower rates than average.
To secure a competitive mortgage refinance rate, here’s what you need to do:
• Shop around for the best mortgage refinance rates. Compare offers from multiple lenders.
• Get prequalified to see what you’re offered in terms of loan amount, rate, and fees.
• Compare annual percentage rates (APRs), which include the interest rate and other costs.
• Crunch the numbers on the total cost and break-even point.
• Make sure the mortgage refinance costs and new payment work for you.
Choose the Right Mortgage Refi Type
The rates for mortgage refinance in Tennessee are as diverse as the options themselves. Conventional refis, often referred to as rate-and-term refis, may have different rates than those backed by the government, such as FHA, VA, and USDA loans. Below are the different types of mortgage refinance options available.
Conventional Refi
A conventional mortgage refinance involves replacing your existing mortgage with a new loan that isn’t insured or guaranteed by the government (such as FHA, VA, or USDA loans). Typically, conventional refinancing offers competitive rates and terms for borrowers with good credit and a stable financial history.
For a conventional mortgage refinance, you typically need at least 20% equity in your home. This means your current loan balance should be no more than 80% of your home’s appraised value. However, some lenders may allow refinancing with less equity, depending on your creditworthiness and other factors.
Cash-Out Refi
A cash-out refinance is a way for homeowners to access a portion of their home equity by borrowing more than the current mortgage balance. For example, if your home is worth $500,000 and you owe $300,000, you can borrow up to 80% of your home’s value, which would give you $100,000 after you pay off the existing mortgage.
You can use the lump sum from your equity to pay off high-interest debt, make home improvements, or cover other large expenses. Keep in mind that cash-out refis often come with higher refinance rates than traditional refis.
Recommended: How to Calculae Home Equity
FHA Refi
FHA refinances, insured by the Federal Housing Administration, offer the potential for lower mortgage refinance rates, sometimes as much as a full percentage point lower than conventional loans.
FHA Simple Refinances and FHA Streamline Refinances are available to homeowners with existing FHA loans. For those without an existing FHA loan, options include an FHA cash-out refinance or an FHA 203(k) refinance, which is designed for home renovations and improvements.
VA Refi
VA refinances, backed by the U.S. Department of Veterans Affairs, consistently provide some of the most competitive mortgage refinance rates available in the market.
To be eligible for a VA refinance, also known as an Interest Rate Reduction Refinance Loan (IRRRL), you must currently hold a VA loan. This specific type of refinance can be particularly advantageous as it often results in reduced monthly payments and substantial interest savings accumulated over the duration of the loan.
15-Year Mortgage Refi
Shifting to a 15-year mortgage could be a game-changer, slashing the total interest you pay over the loan’s lifetime.
Here’s an example: Let’s say you have a 30-year, $1 million mortgage at a 7.50% interest rate. You’d be looking at a monthly payment of around $6,992 and a staggering $1,517,167 in total interest. Now, imagine refinancing to a 15-year mortgage at a 7.00% rate. Yes, the monthly payment would jump to about $8,988, but the total interest paid would plummet to roughly $617,891, freeing up nearly $900,000.
Adjustable-Rate Mortgage Refi
Adjustable-rate mortgages (ARMs) start with a lower introductory mortgage refinance rate than fixed-rate loans. However, the rate can increase after the initial fixed-rate period, which can make your monthly payments increase.
If you plan on selling the home before the rate can adjust, an ARM can be a good option for you. But it’s important to understand the risks and benefits of an ARM before you decide to refinance your home loan.
Recommended: How Soon Can You Refinance a Mortgage?
How to Get the Best Available Mortgage Refi Interest Rate
Getting a competitive mortgage refinance rate in Tennessee is key to saving money over the life of your loan. Here are some steps to help you get the best rate:
• Boost your credit score: Timely bill payments and avoiding new debt can help you here.
• Lower your DTI: A debt-to-income ratio under 36% is the sweet spot for nabbing a favorable rate.
• Compare lenders: Don’t settle for the first offer. Shop around and compare interest rates and fees from multiple lenders.
• Purchase mortgage points: Consider paying for discount points to lower your interest rate.
• Opt for a shorter term: Consider a 10- or 15-year mortgage for potentially lower rates, even though monthly payments will be higher.
Online Refinance Calculators
Online refinance calculators are a great way to get a rough estimate of your potential monthly savings. They take into account your current loan balance, current mortgage refinance rate, and closing costs to help you decide if refinancing makes sense for you.
Run the numbers on your home loan.
-
Mortgage calculator
Punch in your home loan amount and a new interest rate, and we’ll estimate your payoff date.
-
Down payment calculator
Enter a few details about your home loan and we’ll provide your monthly mortgage payment.
-
Home affordability calculator
Provide us with a few details and see how much you can afford to spend on a home purchase.
Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.
The Takeaway
Refinancing your mortgage in Tennessee can be a smart financial move, but it’s not something to jump into without doing your homework. Think about what you want to get out of a refinance, compare Tennessee refinance rates from multiple lenders, and consider your loan term and the potential impact of fees on your loan.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
Are refinance rates going to drop?
Refinance rates fluctuate based on economic conditions, Federal Reserve policies, and inflation trends. While predictions vary, rates may drop if inflation slows and the Fed eases monetary policy. However, market conditions are unpredictable, so homeowners should monitor trends and consult financial experts before making refinancing decisions.
When is it a good idea to refinance your home?
Refinancing your home is a good idea when interest rates drop, you’ve built your credit score, or you want to lower monthly payments. It also makes sense if you need to switch loan types, shorten your loan term, or tap into home equity for major expenses like renovations or debt consolidation.
Does refinancing affect your credit score?
Yes, refinancing your mortgage can affect your credit score. The lender’s hard inquiry may cause a temporary dip, and closing an old loan can impact your credit history. However, consistent, on-time payments on the new loan can help rebuild and improve your score over time.
Do I have to pay closing costs again when I refinance?
Yes, you should expect to pay closing costs when you refinance your mortgage. These costs typically run from 2% to 5% of the loan amount. It’s important to weigh these costs against the potential savings from a lower refinance mortgage rate. By doing so, you can make an informed decision about whether refinancing is the right move for you.
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Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
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More refinance resources.
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How Much Does It Cost to Refinance a Mortgage?
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How to Refinance a Home Mortgage Loan
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7 Signs It’s Time for a Mortgage Refinance
Apply online or call for a complimentary mortgage consultation.
Current Mortgage Refinance Rates in Iowa Today
Apply online or call for a complimentary mortgage consultation.
Compare mortgage refinance rates in Iowa.
Key Points
• The current mortgage refinance rates in Iowa are influenced by economic factors such as the bond market, housing inventory, and the overall economy.
• A mere 1% drop in your mortgage refinance rate for a $300,000, 30-year, fixed-rate loan can translate to savings of almost $200 a month.
• To lock in the best Iowa refinance rates, work on building your credit score, lower your debt-to-income ratio, and review multiple options from a variety of lenders.
• Switching from a 30-year mortgage to a 15-year term may slash the total interest you pay, though your monthly bills may be higher.
• FHA loans, backed by the Department of Housing and Urban Development, frequently come with more attractive mortgage refinance rates and may be available to people with credit ratings lower than other lenders accept.
• There are no strict limits on how often you can refinance, but it’s a good idea to weigh the costs and potential impact on your credit score before making a decision.
Intro to Mortgage Refi Interest Rates
Getting a mortgage refinance is like hitting the reset button. You replace your current home loan with a new one, letting you change the conditions of your loan, including the interest rate.
The specific type of refinance that makes sense for you will depend on why you want to refinance and will affect the interest rate available to you. This guide will help you understand how mortgage refinance rates are set and how you can get the best rate for your situation.
💡 Quick Tip: How soon can you refinance your mortgage? It varies by loan type, but typical waiting periods are 6 to 12 months.
Where do mortgage refi interest rates come from?
The mortgage refinance rates available to you are the product of economic conditions and your personal financial situation.
The strongest indicator of the direction mortgage interest rates are going has historically been the bond market — specifically the performance of the 10-year U.S. Treasury Note. When the note’s rates go up, mortgage interest rates also tend to rise.
The housing market also plays a key role. When it cools and available homes outnumber potential buyers, lenders may lower rates. The state of the overall economy is also significant: A strong job market and healthy economic growth may result in rising rates, while a recession is usually accompanied by lower interest rates.
Keeping an eye on these moving parts and maintaining a good credit rating can help you time your refinance for the most favorable terms.
How Interest Rates Affect Home Affordability
Remember how important your interest rate was when you got your original mortgage? It’s just as important for your refi loan. Your new interest rate will be a big factor in determining how much you’ll pay each month, so it’s critical to be aware of current mortgage rates.
Your payment is based on your loan amount, the interest rate, and the length of your loan. For example, a $200,000 loan with a 6.00% rate and a 30-year term would have a monthly payment of $1,199. That same loan with an 8.00% rate would have a monthly payment of $1,468. But the lower rate would also save you almost $100,000 in interest over the life of the loan. It’s important to weigh short-term and long-term savings as you make your decision — and to pay attention to how much difference even a small change in your interest rate can mean over time.
| Interest Rate | Monthly Payment | Total Interest |
|---|---|---|
| 6.00% | $1,199 | $231,677 |
| 6.50% | $1,264 | $255,085 |
| 7.00% | $1,330 | $279,021 |
| 7.50% | $1,398 | $303,403 |
| 8.00% | $1,467 | $328,309 |
Bear in mind, too, that in addition to your monthly payments, you’ll need to budget for mortgage refinancing costs, which are generally similar to the closing costs you paid on your existing mortgage.
💡 Quick Tip: Wondering how to refinance a mortgage? The process, which takes about 30 to 45 days, is similar to when you got your original home loan.
Why Refinance in Iowa?
There are several financially strategic reasons you might want to refinance your mortgage. For instance, if current interest rates dip lower than your existing mortgage, it might be a good time to refinance. Refinancing can help you secure a lower mortgage refinance rate, change your repayment term, or access cash from your home equity. It can also help you switch from an adjustable-rate to a fixed-rate loan, providing more financial stability.
Your motivation for the refi determines in part what kind of refi it makes sense to choose, and that, in turn, influences the rates available to you. Ideally, you’ll want to have at least 20% equity in your home before you refinance, especially if you’re cashing out some equity.
Common Reasons to Refinance a Mortgage
Here are some of the key reasons why homeowners decide to get a mortgage refinance:
• To get a lower interest rate or better terms than their original home loan came with.
• To adjust their repayment term: A longer term means paying lower monthly payments but more interest over time. A shorter term gets the homeowner debt-free more quickly and reduces the amount of interest they’ll pay over the life of the loan.
• To cash out home equity: Homeowners can borrow against the amount of money they’ve already invested in their home.
• To protect the homeowner from the potential rate hikes of an adjustable rate mortgage by switching to a fixed-rate loan.
How to Get the Best Available Mortgage Refi Interest Rate
Follow these steps to improve your chances of securing the best current mortgage refinance rates in Iowa.
• Pay your bills on time to help build a strong credit rating.
• Lower your debt-to-income ratio.
• Know what’s standard in your area by comparing rates and fees from multiple lenders.
• Consider purchasing mortgage points, also known as discount points.
• Select a shorter loan term, which typically comes with better rates.
💡 Quick Tip: Some lenders offer a so-called no-closing-cost refinance. However, that usually means either rolling the closing costs into the new mortgage principal or exchanging them for a higher interest rate.
Trends in Iowa Mortgage Interest Rates
The landscape of mortgage rates has seen its share of shifts. Take the 30-year fixed mortgage. In 2021, the national average dropped as low as 2.67%. Fast forward to 2023, and it had climbed to a hefty 6.95%. The good news? A rise in home values across Iowa has bolstered homeowners’ equity, opening the door to cash-out refinance opportunities for a variety of needs.
Historical U.S. Mortgage Interest Rates
Here’s a longer view of national mortgage rates. You can see that rates in the early 2000s were at around 6.00%. In 2020, they dropped lower, to under 3.00%. This decrease planted the idea in people’s minds that low rates were “normal.” In 2023, however, they rose again. Soon they were hitting around 7.00%.
A lot of people today complain about high interest rates. Current mortgage refinance rates, however, remain below the 50-year average.
Historical Interest Rates in Iowa
Reviewing long-term trends in U.S. mortgage rates can help give you perspective on current rates. As you can see from the chart below, it’s unusual for rates to drop below 5.00% or rise above 10.00%.
| Year | Iowa Rate | National Rate |
|---|---|---|
| 2000 | 8.20 | 8.14 |
| 2001 | 7.03 | 7.03 |
| 2002 | 6.65 | 6.62 |
| 2003 | 5.80 | 5.83 |
| 2004 | 5.85 | 5.95 |
| 2005 | 5.91 | 6.00 |
| 2006 | 6.57 | 6.60 |
| 2007 | 6.52 | 6.44 |
| 2008 | 6.19 | 6.09 |
| 2009 | 5.15 | 5.06 |
| 2010 | 4.92 | 4.84 |
| 2011 | 4.81 | 4.66 |
| 2012 | 3.70 | 3.74 |
| 2013 | 3.99 | 3.92 |
| 2014 | 4.36 | 4.24 |
| 2015 | 4.15 | 3.91 |
| 2016 | 4.03 | 3.72 |
| 2017 | 4.34 | 4.03 |
| 2018 | 4.92 | 4.57 |
Compare Iowa Interest Rates by Mortgage Refi Type
You probably know that refinance rates can be a bit higher than original mortgage rates. But did you know that interest rates can vary depending on the type of mortgage refinance you choose? There are a number of mortgage refinance options available, each with its own unique features and benefits. Understanding your options lets you select the mortgage refinance that will best fit your needs. For example, while conventional refis often have higher rates than government-backed loans, they may offer more flexibility in terms of loan amount and repayment term.
Conventional Refi
A conventional refinance, also known as a rate-and-term refinance, can be a useful option for homeowners looking to lower their mortgage refinance rate. While the rates are typically higher than government-backed loans like FHA, VA, and USDA loans, a conventional refinance can be a good choice for homeowners who want to change their interest rate or loan term but who can’t or don’t want to meet the extra requirements of government-backed loans.
15-Year Mortgage Refi
A 15-year mortgage refinance can be an effective way to reduce the total interest you pay over the loan’s lifetime, although your monthly payments will be higher. A 30-year, $1 million loan at a 7.50% rate has you paying about $6,992 a month and $1,517,172 in interest overall. But refinance to a 15-year plan at 7.00%, and your monthly payment jumps to around $8,988. The good news? You’ll only pay about $617,891 in interest, saving you close to $900,000.
Adjustable-Rate Mortgage Refi
Adjustable-rate mortgages (ARMs) typically start with a lower mortgage refinance rate than fixed-rate loans, but that rate can change over time. If you’re planning to move before the rate is scheduled to adjust, refinancing from your fixed mortgage to an ARM can help you save money with lower initial monthly payments.
Cash-Out Refi
A cash-out refinance allows you to leverage the home equity you’ve built by taking out a new mortgage for more than you currently owe. The difference is paid to you in cash, and you can use the money for home improvements, debt consolidation, or other financial needs. For example, if your home is worth $500,000 and you still owe $300,000 on your mortgage, you have $200,000 in equity. Lenders generally allow you to borrow up to 80% of your home value: $500,000 x 80% = $400,000. After paying off your mortgage, you’re left with $100,000 to use however you like.
FHA Refi
FHA loans, backed by the United States Department of Housing and Urban Development, often come with more favorable mortgage refinance rates than conventional loans. These FHA Simple Refinances and FHA Streamline Refinances are available to homeowners who already have an FHA loan. If you don’t have an FHA loan, you can still explore two other options: an FHA cash-out refinance or an FHA 203(k) refinance, which is specifically for renovation or rehabilitation projects.
VA Refi
VA loans, guaranteed by the United States Department of Veterans Affairs, consistently offer some of the most competitive mortgage refinance rates available. In order to qualify for a VA refinance, formally known as an Interest Rate Reduction Refinance Loan (IRRRL), you must have an existing VA loan. The IRRRL is designed to help you lower your monthly payments or transition from an adjustable-rate to a fixed-rate mortgage.
How to Compare Mortgage Refi Interest Rates
Getting a competitive mortgage refinance rate can save you money over the life of the loan. Even a small difference can add up to thousands in extra interest you’ll end up paying. These tips can help you secure a competitive rate:
• Compare rates from multiple lenders to find the best deal.
• In addition to interest rates, look at the annual percentage rate (APR), which includes interest, fees, and discount points.
• Compare current rates to your existing one, and watch the trends to assess whether refinancing is a good move and when.
• Consider both your monthly budget and the long-term financial impact of your refi to assess how it fits into your financial goals.
Online Refinance Calculators
Using a reliable mortgage calculator lets you get a rough idea of what you might be able to save with a refi. It can help you get an estimate for your new monthly payment and compare different refinance options. You can also see how changing the refinance rate, loan term, and loan amount can impact your finances. By plugging in your current mortgage details and the terms of any new mortgage you’re considering, you can get a better idea of whether refinancing makes sense for you.
You can also use a calculator to estimate how much equity is in your home.
Run the numbers on your home loan.
-
Mortgage calculator
Punch in your home loan amount and a new interest rate, and we’ll estimate your payoff date.
-
Down payment calculator
Enter a few details about your home loan and we’ll provide your monthly mortgage payment.
-
Home affordability calculator
Provide us with a few details and see how much you can afford to spend on a home purchase.
Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.
The Takeaway
Refinancing your mortgage can be a smart financial move, but it requires careful thought. Whether you want to get a lower rate with your mortgage refinance, tap into your home’s equity, or switch to a different type of mortgage, you’ll need to understand the different refinance options available to you and the specific requirements for each. By working to improve your credit score, lowering your debt-to-income ratio, and shopping around with multiple lenders, you can find the right refinance option for your financial goals.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
How much does 1% lower your monthly payment?
You’d be surprised at how much a small reduction in your mortgage rate can affect your monthly payment. Let’s say you have a $300,000 mortgage at an interest rate of 7.00%. If you’re able to secure a 1% reduction, bringing the rate down to 6.00%, you could see your monthly payment drop by close to $200.
Can I ask my lender to lower my mortgage interest rate?
You can always talk to your lender about lowering your rate. They might not say yes, but if you have a good credit score and a history of on-time payments, they may be more likely to agree.
Can I get a home equity loan without refinancing?
There are two ways to tap into your home’s equity without affecting your current mortgage rate. A home equity line of credit (HELOC) or a home equity loan can help you access the equity you’ve built in your home without having to refinance your entire mortgage.
Does refinancing affect your credit score?
The process of refinancing can cause a temporary decrease in your credit score because it involves a hard credit check and the opening of a new account. However, the impact is generally minimal and should be short-lived.
Do you have to pay closing costs when you refinance?
When you refinance your mortgage, you’ll have to pay closing costs again. These costs cover the various fees and expenses associated with processing your new mortgage loan. Typically, refi closing costs can range from 2% to 5% of the total loan amount.
How often can you refinance your home?
There are no set limits on how many times you can refinance your home, but it’s important to consider refinancing costs and potential impacts on your credit. Even if you’re eager to take advantage of current mortgage refinance rates in Iowa, keep in mind that refinancing isn’t always the best option, and review all the pros and cons carefully before moving forward.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
†Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-170
More refinance resources.
-
How Much Does It Cost to Refinance a Mortgage?
-
How to Refinance a Home Mortgage Loan
-
7 Signs It’s Time for a Mortgage Refinance
Apply online or call for a complimentary mortgage consultation.
Current Mortgage Refinance Rates in Delaware Today
DELAWARE MORTGAGE REFINANCE RATES TODAY
Current mortgage refinance rates in
Delaware.
Apply online or call for a complimentary mortgage consultation.
Compare mortgage refinance rates in Delaware.
Key Points
• The current mortgage refinance rates in Delaware are influenced by multiple economic factors, including Federal Reserve policy, the bond market, housing demand, and the overall economy.
• A mortgage refi can be a smart financial move, whether you want to pay less interest, consolidate debt, or pay for a major home improvement project.
• Even a 1% dip in your mortgage interest rate can lower your monthly payment and create significant savings in the total amount of interest you pay over the loan’s lifetime.
• In Delaware, you can explore a variety of refinance options, from conventional to cash-out, FHA, VA, 15-year, and adjustable-rate refinances, each with its own set of factors to consider.
• When you refinance, your credit score may take a hit, but it’s typically a small, temporary dip.
• To lock in the best Delaware mortgage refinance rates, build your credit score, trim your debt-to-income ratio, and be sure to compare offers from different lenders.
Introduction to Mortgage Refinance Rates
When you refinance your mortgage, you replace your current mortgage with a new one that potentially offers you more favorable terms or a lower interest rate. Whether you’re looking to lower your monthly payments, reduce your loan term, or tap into your home equity, you must be well-informed about Delaware mortgage refinance rates.
This comprehensive guide will help you navigate the entire process, from understanding how rates are determined to securing the most suitable option for your financial situation. To make the best decision, consider checking the current mortgage refinance rates in Delaware regularly, as they can fluctuate.
💡 Quick Tip: How soon can you refinance your mortgage? It varies by loan type, but typical waiting periods are 6 to 12 months.
Where Do Refi Interest Rates Come From?
Historically, the bond market is the strongest indicator of where mortgage interest rates are going. The performance of the 10-year U.S. Treasury Note is particularly important here. When the rates on the note go up, typically mortgage interest rates are likely to rise, too.
The performance of the housing market is another factor to be aware of. When the market slows and there are more homes available than there are people who want to buy them, lenders may lower their rates in hopes of attracting more customers. Finally, the overall economy also plays a role in refinance rates: A strong jobs market and economic growth may be accompanied by a rise in interest rates, while a recession is typically associated with lower interest rates.
How Interest Rates Affect Home Affordability
Interest rates play a significant role in the affordability of your mortgage refinance. They’re not the only factor – there are also mortgage refinancing costs, which can include closing costs, fees, and more. But the rate you secure will directly impact your monthly payments, which are calculated based on your loan amount, repayment term, and the interest rate.
For instance, a $200,000 home loan with a 6.00% interest rate over a 30-year term would mean a monthly payment of $1,199. However, the same loan with an 8.00% interest rate would increase your monthly payment to $1,468. Over the life of the loan, that adds up to nearly $100,000 in savings if you have the lower interest rate.
Even a small change in rates can make a big difference in your overall savings. Be sure to keep an eye on mortgage refinance rates in Delaware to ensure you’re getting the best deal.
| Interest Rate | Monthly Payment | Total Interest |
|---|---|---|
| 6.00% | $1,199 | $231,677 |
| 6.50% | $1,264 | $255,085 |
| 7.00% | $1,330 | $279,021 |
| 7.50% | $1,398 | $303,403 |
| 8.00% | $1,467 | $328,309 |
Why Refinance in Delaware?
A mortgage refinance can be a smart strategic move, depending on your financial situation. If the current mortgage interest rates in Delaware are lower than you’re paying on your existing mortgage, refinancing can reduce your monthly payments and the total amount you pay over the life of the loan.
Before refinancing, it’s a good idea to have at least 20% equity in your home, especially if you plan to cash out some equity. Accessing home equity, securing a lower rate, and changing your loan term are all ways that a refinance may be able to improve your finances.
Common Reasons to Refinance a Mortgage
Here are some typical reasons you might choose to refinance your mortgage.
• If current mortgage rates are lower than when you got your mortgage or your credit profile has improved, you may be able to secure a better rate.
• You might want to change to a longer term to ease monthly payments, or to a shorter one to pay off your loan sooner.
• If you need funds, you can cash out home equity for your expenses.
• For stability and predictability, you may want to switch from an adjustable rate to a fixed rate.
• Refinancing can let you eliminate your mortgage insurance premium if you have an FHA loan and 20% equity.
How to Get the Best Available Mortgage Refi Interest Rate
To secure the best mortgage refinance rate, follow these steps:
• Be punctual with payments and avoid new debt to help build your credit rating.
• Keep your debt-to-income ratio below 36%.
• Understand what’s available: Compare rates and fees from multiple lenders.
• Consider buying mortgage points (also called discount points) to reduce your mortgage rate if you plan to stay put for the long term.
• Opt for a shorter loan term: 15 years rather than 30. Generally, shorter terms come with lower interest rates. Your monthly payment will be higher, but your overall mortgage cost will be lower. Opting for a shorter loan term can also help you secure a better refinance rate.
Trends in Delaware Mortgage Interest Rates
Over the years, mortgage rates in Delaware, like national rates, have seen their fair share of ups and downs. For homeowners, staying abreast of current mortgage refinance rates in Delaware is key to making well-informed choices. By keeping an eye on these trends, you can position yourself to refinance at an optimal time and potentially trim down your interest expenses.
Historical U.S. Mortgage Interest Rates
Mortgage rates are influenced by a variety of economic factors, which can include:
• The Federal Reserve’s monetary policies
• Inflation
• The bond market
If you’re a homeowner, it’s important to keep an eye on these trends, especially if you’re thinking about refinancing. Staying informed about the current mortgage refinance rates in Delaware can help you make the best financial decisions for you and your family.
Historical Interest Rates in Delaware
The story of Delaware’s refinance rates tends to echo the national narrative, with significant shifts over the years. Of late, inflation has driven rates up.
It’s normal for interest rates to fluctuate. However, it means if you’re a homeowner in Delaware looking into how to refinance a mortgage, you need to keep a close eye on them. By understanding the patterns, you can plan your refinance strategically to ensure that you get as much out of it as possible.
| Year | Delaware Rate | National Rate |
|---|---|---|
| 2000 | 8.16 | 8.14 |
| 2001 | 7.03 | 7.03 |
| 2002 | 6.62 | 6.62 |
| 2003 | 5.94 | 5.83 |
| 2004 | 5.84 | 5.95 |
| 2005 | 6.18 | 6.00 |
| 2006 | 6.69 | 6.60 |
| 2007 | 6.43 | 6.44 |
| 2008 | 6.04 | 6.09 |
| 2009 | 5.10 | 5.06 |
| 2010 | 4.84 | 4.84 |
| 2011 | 4.66 | 4.66 |
| 2012 | 3.67 | 3.74 |
| 2013 | 4.03 | 3.92 |
| 2014 | 4.28 | 4.24 |
| 2015 | 4.09 | 3.91 |
| 2016 | 3.82 | 3.72 |
| 2017 | 3.94 | 4.03 |
| 2018 | 4.57 | 4.57 |
Compare Delaware Interest Rates by Mortgage Refi Type
Mortgage refi rates are not one-size-fits-all. Here’s a quick rundown of the most common types and their features, including a sense of the current Delaware refinance rates.
Conventional Refi
A conventional refinance, also known as a rate-and-term refi, is a popular choice for homeowners who would like to adjust their interest rate or loan term. While these loans often come with slightly higher rates than government-backed options, such as FHA, VA, or USDA loans, they offer greater flexibility. If you have a robust credit profile and ample equity in your home, a conventional refi could be a good fit for you.
15-Year Mortgage Refi
A 15-year mortgage refinance can be a game-changer, slashing the total interest you’ll pay over your mortgage’s lifetime, though your monthly payments will be higher. Consider this: A 30-year, $1 million loan at a 7.50% interest rate would have you paying about $6,992 each month, and a whopping $1,517,167 in total interest. Refinance to a 15-year mortgage at a 7.00% rate, and your monthly payment jumps to around $8,988. The good news? You’d only be looking at shelling out $617,891 in total interest, saving you close to $900,000. Delaware’s 15-year refinance rates are generally more affordable than 30-year rates, making this a savvy move for those who can manage the heftier monthly payments.
Adjustable-Rate Mortgage Refi
Adjustable-rate mortgages (ARMs) start off at a lower interest rate than fixed-rate mortgages, but here’s the catch — the rate can increase over time based on market conditions. If you’re thinking of moving before the rate is due to adjust, an ARM might be a smart move. Say you’ve got a 30-year fixed-rate mortgage, but you’re eyeing a move in the next few years — an ARM could mean lower monthly payments in the short term.
Cash-Out Refi
A cash-out refinance can be a practical option when you need to tap into your home’s equity for projects like home improvements or debt consolidation. Here’s a quick example: If your home is valued at $500,000 and you still owe $300,000 on your mortgage, you’ve got $200,000 in equity. Many lenders will let you borrow up to 80% of your home’s value, which would mean $100,000 for you after paying off your original mortgage. It can be a way to tackle high-interest debt, but remember to take into account the potential for higher interest rates and monthly payments.
FHA Refi
FHA refinances, insured by the Federal Housing Administration, often have lower interest rates than other loans. If you already have an FHA loan, you can opt for an FHA Simple Refinance or an FHA Streamline Refinance, which typically have fewer requirements and can be processed more quickly than a conventional refi.
For those without an FHA loan, options include an FHA cash-out refinance or an FHA 203(k) refinance, which is designed for home renovations. Open to people with lower credit scores, these options can provide flexibility and potentially reduce your monthly payments. Delaware refinance rates for FHA loans can be particularly beneficial for homeowners looking to improve their financial standing.
VA Refi
VA refinances, backed by the U.S. Department of Veterans Affairs, offer some of the lowest interest rates available. To qualify for a VA refinance, known as an Interest Rate Reduction Refinance Loan (IRRRL), you must have an existing VA loan. This type of refinance can help you secure a lower interest rate, reduce your monthly payments, or switch from an adjustable-rate to a fixed-rate mortgage. For veterans, active-duty service members, and other eligible borrowers, VA refinances can be a cost-effective way to improve your financial situation.
How to Compare Mortgage Refi Interest Rates
Now that you know what kinds of rates, terms, and loans may be available, take these steps to help you secure a refinance loan that will work for you.
• Use a mortgage calculator to understand how much you can probably afford to pay.
• Compare terms and rates from different lenders and consider the tradeoffs..
• Dig deeper by looking at each loan’s annual percentage rate (APR), which include closing costs, fees and discount points, if any. This gives you a more accurate way to compare loans than just using the interest rate for each loan.
• Be aware of not only your monthly payments with each loan, but also your total costs over the life of the loan.
• Review and do what you can to improve your credit score, debt-to-income ratio, and home value to secure the best rates.
💡 Quick Tip: Some lenders offer a so-called no-closing-cost refinance. However, that usually means either rolling the closing costs into the new mortgage principal or exchanging them for a higher interest rate.
Online Refinance Calculators
A good online mortgage calculator can be invaluable for estimating your new monthly payment and comparing different refinance options. You can typically personalize them, taking into account your current loan balance, the new interest rate, and the term of the loan to provide a clear picture of your potential savings. By inputting your specific financial details, you can determine whether refinancing is a viable option for you.
A calculator can also help you estimate how much equity is in your home, which can be useful if you’re interested in a cash-out refi.
Run the numbers on your home loan.
-
Mortgage calculator
Punch in your home loan amount and a new interest rate, and we’ll estimate your payoff date.
-
Down payment calculator
Enter a few details about your home loan and we’ll provide your monthly mortgage payment.
-
Home affordability calculator
Provide us with a few details and see how much you can afford to spend on a home purchase.
Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.
The Takeaway
Mortgage refinancing is a powerful financial tool that can work in your favor. Whether you’re after a lower interest rate, a change in your loan term, or access to home equity, there are options like cash-out refinances, FHA refinances, VA refinances, and more to consider. By getting your financial ducks in a row, comparing rates from various lenders, and using online tools, you can find the best Delaware refinance rates and make a smart, informed decision. Be sure to weigh the costs against the benefits to ensure that refinancing is the right move for your long-term financial goals.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
When is it a good time to refinance your home?
It’s a smart financial move to consider refinancing when you can get a much lower interest rate, which can reduce your monthly mortgage payment or help you reach other financial goals. But it’s important to weigh the costs against the savings carefully to be sure refinancing makes sense for your situation.
Can I get a lower interest rate without refinancing?
There are ways to get a lower interest rate without refinancing. If you have some extra money from a windfall, you might want to consider a mortgage recast. This means making a large, lump-sum payment toward your principal, and it can reduce your monthly payments. Another option is to reach out to your lender and ask for a loan modification. This could involve adjusting your interest rate and other loan terms to help you avoid foreclosure.
Can I get cash out of my house without refinancing?
You can get cash out of your house without refinancing if you tap into your home’s equity with a home equity line of credit (HELOC) or a home equity loan. Both options allow you to access the equity in your home. With a HELOC, you’re given a revolving credit line secured by your home’s equity, letting you borrow what you need, up to a set limit. A home equity loan gives you a lump sum of cash, also secured by your home’s equity, that you pay back over a defined period with a fixed interest rate.
Does refinancing impact your credit score?
The process of refinancing may cause a slight and temporary dip in your credit score. That’s caused by the hard inquiry and the new account on your credit report. In many cases, the benefits of refinancing, such as lower interest rates and improved loan terms, outweigh this hiccup. Speaking with a financial advisor or lender may provide the clarity you need to make an informed decision.
Do you have to pay closing costs again when you refinance?
Yes, for a refi you pay closing costs, which can range from about 2% to 5% of the loan amount. Closing costs for a refinance include an appraisal fee, title insurance, loan origination fee, and other administrative charges.
How many times can you refinance your home?
Technically, there is no limit to the number of times you can refinance. However, each new transaction incurs closing costs and may impact your credit score. Therefore, it’s a good idea to weigh the advantages and disadvantages carefully to ensure that refinancing is the right choice for your financial situation. Consulting with a financial advisor or mortgage expert can help you assess and navigate the complexities of the refinancing process.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
†Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-163
More refinance resources.
-
How Much Does It Cost to Refinance a Mortgage?
-
How to Refinance a Home Mortgage Loan
-
7 Signs It’s Time for a Mortgage Refinance
Apply online or call for a complimentary mortgage consultation.
San Francisco Housing Market: Trends & Prices
San Francisco Housing Market: Trends & Prices (2025)
San Francisco Real Estate Market Overview
(Last Updated – 04/2025)
The City by the Bay is an alluring town known for its amazing food, gorgeous architecture, and beloved sports teams. Not to mention, those stunning bay views.
This city may have a lot of cool, gloomy days, but the San Francisco housing market is very hot, even as the city’s cost of living is 66.8% above the national average.
The San Francisco median sale price rose 1.7% year over year as of February 2025, indicating this city has a hot housing market. For an average family of four, some experts estimate that they would need to earn as much as $339,123 annually to live in San Francisco comfortably.
While living in San Francisco is expensive, the city has a lot to offer that might make the cost worth it. Alongside amazing career opportunities in the tech world and other major industries, there is plenty of art, music, food, and fashion to enjoy in this somewhat small but very metropolitan city.
San Francisco is beloved for its diversity, so if you do look into buying there, make sure to take advantage of all of the city’s quirks.
Recommended: Cost of Living by State (2025)
Overall San Francisco Market Trends
As local trends go, the real estate experts at Redfin consider the San Francisco housing market to be very competitive.
Homes for sale in this area generally receive multiple offers, sell for 5% above asking price, and go pending in around 21 days.
$1,392,750
Median Sale Price
$951
Median Price Per Square Ft.
19 days
Median Days on Market
San Francisco Housing Market Forecast
What are experts forecasting for the San Francisco housing market in the coming year?
Housing prices dipped recently but are currently rising again. San Francisco’s housing inventory is on the low side, and its total supply is not keeping up with demand. Despite the high cost of living, it still attracts many people interested in buying homes there. Many properties (49%) sell for over list price. However, the number of homes with price drops has risen 2.8% in the past year as of early 2025. This could mean that buyers who are interested in moving to San Francisco, and can afford it, might have a bit of an easier time finding their dream home.
Demographics of the San Francisco Market
While San Francisco is a relatively compact city, its many neighborhoods offer up completely different vibes. From residential to coastal to retro, there’s likely a neighborhood for everybody.
In addition, it’s home to some well-known and successful tech-driven companies, such as Uber, Instacart, Atlassian, Snap, Dropbox, and Salesforce. This can make for a robust job market and may help explain why the median income is so much higher than the national average.
Overall, let’s look at the demographics of the San Francisco real estate market that may affect you, no matter where you decide to live.
Median Household Income: $126,730
Median Age: 40.7
College Educated: 60.4%
Homeowners: 38.5%
Married: 42%
Recommended: Mortgage Calculator
Popular San Francisco Neighborhoods
While the actual number of neighborhoods is heavily debated by San Francisco residents, there are about 20 popular neighborhoods to choose from.
Each neighborhood has something special to offer, so it will be challenging to narrow your choices. To help, we rounded up some fast facts about five of the most popular neighborhoods in San Francisco to consider if you’re contemplating a purchase and taking out a home loan.
Buena Vista
If you’ve always dreamed of having your own room with a view, then you’re in luck. The Buena Vista neighborhood is perched on one of San Francisco’s notoriously steep hills, providing residents with great views.
This neighborhood provides a safe haven from the hectic city, as it is low on commercial street traffic and high on greenery.
Quick Facts
Population:
39,496
Median Age:
34.5
Housing Units:
19,773
Bike Score:
72/100
Walk Score:
93/100
Transit Score:
80/100
Median Household Income:
$242,062
Buena Vista Housing Market
The housing market in Buena Vista has been on a bit of a rollercoaster lately, with prices dropping 36%, so there may be bargains out there. Nevertheless, the neighborhood is still considered quite competitive. Homes that are listed receive multiple offers and sell for about 6% above the listing price.
As of early 2025, Buena Vista houses on the market go pending in 19 days.
Median Sale Price
$950,000
Median Price Per Square Ft.
$1,070
Outer Sunset
Outer Sunset is another San Francisco neighborhood that offers a tranquil feel.
This almost suburban neighborhood is right next to the Pacific Ocean, which means there is a lot of outdoor fun to be had — especially if you love to surf. Residents also say they appreciate the parks; the array of bars, restaurants, and cafes; and the solid school system.
Quick Facts
Population:
59,453
Median Age:
40.8
Housing Units:
24,030
Bike Score:
77/100
Walk Score:
83/100
Transit Score:
57/100
Median Household Income:
$179,517
Outer Sunset Housing Market
If you are drawn to Outer Sunset, you are not alone. According to Redfin, Outer Sunset is among the most competitive housing markets out there. Home prices are up 7.7%, and the time in which a home sells has dropped from 45 days to 16 days as of 2025.
Median Sale Price
$1,555,000
Median Price Per Square Ft.
$1,090
South of Market
San Francisco’s South of Market District, commonly called SoMa by locals, has become the home of many tech startups in recent years.
This neighborhood has something for everyone, from Michelin star restaurants to a trusty Trader Joe’s. It is also near other popular neighborhoods like the Design District, which expands your options for food, entertainment, and shopping.
Quick Facts
Population:
20,293
Median Age:
36
Housing Units:
12,581
Bike Score:
94/100
Walk Score:
97/100
Transit Score:
99/100
Median Household Income:
$171,338
South of Market Housing Market
This housing market is deemed somewhat competitive. For buyers, that can be good news. What’s more, the area has a lower median sale price than the other popular San Francisco neighborhoods highlighted here. It is also significantly below the median sale price for San Francisco overall.
South of Market home values were down 12.2% in early 2025 compared to last year, and homes typically sell for 3% below list price.
Median Sale Price
$900,000
Median Price Per Square Ft.
$864
Pacific Heights
Some refer to Pacific Heights as the quintessential San Francisco neighborhood. Many grand Victorian homes grace Pacific Heights, and the neighborhood offers great views of the bay and the Golden Gate Bridge. Residents say it’s safe, has a few great parks, and street parking isn’t as difficult as elsewhere in the city.
Quick Facts
Population:
21,217
Median Age:
37.4
Housing Units:
13,205
Bike Score:
66/100
Walk Score:
97/100
Transit Score:
80/100
Median Household Income:
$149,927
Pacific Heights Housing Market
While still pricey, Pacific Heights has seen home prices drop a significant 40.6% year over year as of early 2025, and properties typically sell for 1% below their asking price. However, the market is still considered very competitive. The time for houses on the market to get snapped up and deemed “sold” was 40 days vs. 62 days the prior year.
Median Home Price
$1,720,000
Median Price Per Square Ft.
$1,200
Haight-Ashbury
The name Haight-Ashbury might ring a bell: It was the epicenter of the 1960s counterculture movement.
While many people like what they describe as the “funky” and “bohemian” vibe, others point out the number of tourists in the neighborhood, plus some of the same issues (panhandling) you’ll find elsewhere in the city.
Quick Facts
Population:
39,496
Median Age:
34.5
Housing Units:
19,773
Bike Score:
82/100
Walk Score:
97/100
Transit Score:
73/100
Median Household Income:
$242,062
Haight-Ashbury Housing Market
This neighborhood in San Francisco has seen a steep price drop of almost 30% year over year as of February 2025. Nevertheless, if you want to buy a home in Haight-Ashbury, get ready to compete. It’s still a challenging market. Inventory is low, and homes typically sell for 3% above list price and go to pending status in 36 days.
Highly desirable homes can sell for as much as 19% above list price.
Median Sale Price
$897,500
Median Price Per Square Ft.
$1,200
SoFi Home Loans
It’s easy to see why San Francisco has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
If you think San Francisco could be your home sweet home, then you may need to consider your mortgage financing options.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
Are home prices dropping in San Francisco?
As of early 2025, prices have been dropping in San Francisco, as they have in several major U.S. cities. Home prices tumbled by almost 11% year over year to $889,500. In the U.S. as a whole, the median home price in December 2024, stood at $402,502, down from $410,000 in 2023.
Should I buy a house now or wait to see if prices drop?
Deciding when to buy a house is a very personal decision. It depends on your own financial situation, your personal needs, and your risk tolerance. For example, if you are relocating for work and rental options are scarce or pricey, you may want to dive into the market now. It’s also worth noting that if the economy declines, it can make jobs unstable and credit harder to come by, so it’s wise to factor that in, too.
What is the San Francisco housing market forecast this year?
As in most markets, people are bracing to see how the economy pans out. At the start of the year, the forecast was that interest rates and the market were holding steady; rates, for instance, had risen from lows of about 3.15% in early 2021 to 7.00% in 2023, and haven’t dropped. That said, if the economy declines, these indicators are in play, and the market could soften.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-211
Tampa Housing Market: Trends & Prices
Tampa Housing Market: Trends & Prices (2025)
Tampa Real Estate Market Overview
(Last Updated – 04/2025)
When we think of Tampa, we think of fun. This Florida city brims with attractions, arts and culture, business, and sports. Tampa is home to the famed Busch Gardens theme park, an aquarium and zoo, and the popular Riverwalk.
Naturewise, there are plenty of parks, dog parks, greenways and trails, skate parks, water activities, and marinas. Sports fans in the Tampa Bay area can root for the Buccaneers, Lightning, and Rays.
Tampa is the 53rd largest city in the United States and the 3rd largest city in Florida, which may be why it has so much to offer. That said, if residents need to get away, Tampa International Airport and the Port of Tampa, a popular spot for those looking to board a cruise ship, will get them where they need to go.
The average home value in Tampa is $374,105, according to Zillow, with home prices down 1.3% over the past year. In comparison, the average price in the U.S. is currently lower than Tampa at $357,138, which is up 2.6% from the previous year.
If you’re thinking of moving to Tampa or buying property in Tampa, you’ll want to check out our assessment of the home-buying, demographic, and market trends in the area.
Overall Tampa Market Trends
Tampa is currently in a cooling period after years of rapid growth. However, according to U.S. News & World Report, it’s still considered a hot housing market, ranking #14 in the nation as of 2025.
As U.S. housing markets go, the industry pros at Redfin consider Tampa to be a somewhat competitive one. Some homes for sale receive multiple offers. Listings typically sell for around 4% below list price and stay on the market for only about 45 days.
$449,950
Median Sale Price
$290
Median Price Per Square Foot
45 days
Median Time on Market
Tampa Housing Market Forecast
For those thinking of buying in the Tampa real estate market, it can be helpful to look at some key demographics.
For example, Tampa’s median home price was down 1.3% in the past year, according to Zillow. However, home prices are still slightly higher than the national average of $357,138. Nonetheless, the Tampa housing market is still considered more affordable than other real estate markets in the country, especially when compared with other cities in Florida.
The city has also seen an increase in inventory of active listings. With competitive pricing and homes going to pending somewhat quickly, buyer demand is evidently strong. Real estate experts also predict a continued increase in home values.
Demographics of the Tampa Market
Tampa is the third largest city in Florida and is on the state’s west coast. Residents enjoy an average annual temperature of a balmy 73 degrees. As of 2025, Tampa’s population is 413,657, with an annual growth rate of 1.26%.
Tampa’s workforce is supported by thriving industries such as health care, finance, education, tourism, and technology. Major employers in the region include BayCare Health System, JPMorgan Chase, the University of South Florida, and several defense contractors. The strong job market, paired with relatively affordable housing compared with other major coastal cities, continues to make Tampa an appealing location for both new residents and investors.
Take a look at the demographics of the overall Tampa housing market before perusing popular Tampa neighborhoods.
Median Household Income: $71,302
Median Age: 35.5
College Educated: 44.6%
Homeowners: 50.2%
Married: 40.7%
Popular Tampa Neighborhoods
Tampa features bustling urban-style neighborhoods with great restaurants and nightlife, suburban family-friendly neighborhoods, and areas with historical charm.
Here are details about five popular Tampa neighborhoods and what their real estate markets look like.
Harbour Island
Harbour Island is an upscale, waterfront neighborhood located just south of downtown Tampa, offering a blend of luxury living and urban convenience. Connected to the city by the Harbour Island Bridge and the Riverwalk, this exclusive community features high-rise condos, townhomes, and private estates, many with stunning views of Tampa Bay and the city skyline.
Residents enjoy a tranquil, resort-like atmosphere while being just minutes from top attractions like Amalie Arena, Sparkman Wharf, and the Tampa Convention Center. The neighborhood boasts gated communities, private marinas, and lush landscaping, along with walkable access to shops, fine dining, and scenic waterfront trails.
Quick Facts
Population:
17,631
Median Age:
36.3
Housing Units:
11,063
Bike Score:
49/100
Walk Score:
49/100
Transit Score:
44/100
Median Household Income:
$129,027
Harbour Island Housing Market
The Harbour Island housing market is somewhat competitive, with some homes receiving multiple offers. Homes typically sell for around 3% below list price and stay on the market for roughly 36 days.
Median Sale Price
$763,912
Median Price Per Square Ft.
$456
Palma Ceia
For a taste of Europe, try Palma Ceia. This charming neighborhood is beloved for its European-style brick streets and arts scene, and there are plenty of cafes, coffee shops, and chic boutiques to choose from.
Families are drawn to Palma Ceia for its highly rated public schools. The community exudes a friendly and welcoming atmosphere, making it a desirable place to live for those seeking a blend of historical charm and modern conveniences in Tampa.
Quick Facts
Population:
26,625
Median Age:
40.4
Housing Units:
11,192
Bike Score:
59/100
Walk Score:
65/100
Transit Score:
33/100
Median Household Income:
$223,527
Palma Ceia Housing Market
The median sale price in Palma Ceia was up 14.6% in February 2025 compared with last year, but the median sale price per square foot dropped 5.5% in the same time frame.
On average, Palma Ceia homes sell for about 2% below list price, with many homes receiving multiple offers. Typical homes go pending in around 56 days, and in-demand homes can go pending in 11 days in this very competitive housing market.
Median Sale Price
$1.1 mil
Median Price Per Square Ft.
$467
North Hyde Park
North Hyde Park is a dynamic, up-and-coming neighborhood that blends historical charm with modern development. Located just west of downtown and adjacent to the University of Tampa, this area is gaining popularity among young professionals, students, and families seeking proximity to the city’s core without the high price tag of neighboring South Tampa.
Residents enjoy easy access to the Riverwalk, trendy restaurants, coffee shops, and cultural spots. With its walkability, growing amenities, and a strong sense of community, North Hyde Park is quickly becoming one of Tampa’s most desirable places to live.
Quick Facts
Population:
2,011
Median Age:
34
Housing Units:
958
Bike Score:
66/100
Walk Score:
79/100
Transit Score:
36/100
Median Household Income:
$132,851
North Hyde Park Housing Market
If prospective buyers find a home they love in North Hyde Park, they may need to move quickly. Typically, homes sell in around 27 days for 4% below list price. Some receive multiple offers.
Median Sale Price
$799,990
Median Price Per Square Ft.
$356
West Meadows
West Meadows is a master-planned community located in the New Tampa district of Tampa, Florida. Situated northeast of downtown Tampa, it offers residents a suburban environment with convenient access to urban amenities.
The neighborhood is comprised of twelve distinct villages, each featuring a variety of housing options, including single-family homes, townhomes, and maintenance-free villas, with both gated and nongated configurations.
Quick Facts
Population:
4,736
Median Age:
32.6
Housing Units:
1,400
Bike Score:
71/100
Walk Score:
89/100
Transit Score:
63/100
Median Household Income:
$161,019
West Meadows Housing Market
In this somewhat competitive market, some homes receive multiple offers and sell in around 45 days.
Despite the competitiveness, homebuyers may be able to score a deal. On average, West Meadows area homes sell for about 4% below list price.
Median Sale Price
$335,000
Median Price Per Square Ft.
$194
Oakford Park
Oakford Park is a historic neighborhood that features a mix of architectural styles, including mid-century homes and newer construction. Residents enjoy a sparse urban feel, with numerous bars, restaurants, coffee shops, and parks contributing to a vibrant community atmosphere. The population is diverse, encompassing young professionals, families, and retirees.
Oakford Park is both family-friendly and dog-friendly. Residents appreciate the convenient location, which offers access to various amenities and highly rated public schools.
Quick Facts
Population:
3,201
Median Age:
40
Housing Units:
1,625
Bike Score:
70/100
Walk Score:
62/100
Transit Score:
35/100
Median Household Income:
$134,977
Oakford Park Housing Market
In the past year, the median home price in this neighborhood rose by 13.9%.
The Oakford Park housing market is very competitive. Homes are pending within eight days, on average, and typically sell for 3% below list price.
Median Sale Price
$695,000
Median Price Per Square Ft.
$341
SoFi Home Loans
It’s easy to see why Tampa has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
If you think Tampa could be your home sweet home, then you may need to consider your mortgage financing options.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
What is the current trend in Tampa home prices?
After years of rapid growth, Tampa is currently in a cooling period. Housing inventory is slightly increasing, and home prices are selling below list price. However, homes still don’t stay on the market long and are typically pending quickly compared with other areas.
Is Tampa a buyer’s or seller’s market right now?
As of 2025, Tampa is a balanced market leaning slightly more toward a buyers market due to increased inventory. However, well-priced homes often receive multiple offers, especially in desirable school districts and centrally located neighborhoods.
How does Tampa’s cost of living compare to other Florida cities?
Tampa’s cost of living is generally lower than cities like Miami and Orlando, but higher than inland cities such as Lakeland or Ocala. Housing remains the largest cost factor for residents.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-208
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