New London, NH Refinance Rates Today for October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current New London, New Hampshire refinance rates today start at 6.50% for a 30 year fixed and 6.375% for a 15 year fixed, compared with New Hampshire averages of 7.341% and 6.995%. New London, New Hampshire mortgage refinance rates range from 4.54% to 11.12%, verified by MonitorBankRates as of October 31, 2026. Current mortgage refinance rates in New London, New Hampshire include Sugar River BankSugar River Bank196 Newport Rd, New London, NH, 03257A+5.0 ★Texas Ratio: 1.96%Rate verified Oct 26, 2026 at 7.25%, Union Bank Morrisville, VTUnion Bank Morrisville, VTA-4.8 ★Texas Ratio: 14.30%Rate verified Oct 26, 2026 at 6.75%, M&T BankM&T BankA+5.0 ★Texas Ratio: 4.11%Rate verified Oct 31, 2026 at 6.875%, Jeanne D Arc Credit UnionJeanne D Arc Credit UnionA+5.0 ★Texas Ratio: 2.58%Rate verified Oct 30, 2026 at 6.99%, and Triangle Credit UnionTriangle Credit UnionA+5.0 ★Texas Ratio: 4.04%Rate verified Oct 30, 2026 at 7.063%. Refinance rates as of October 31, 2026 according to verified data from MonitorBankRates.
New London homeowners can compare 81 refinance rates from 15 lenders serving the New Hampshire area, including 1 local, with rates as low as 6.50% from Sugar River Bank at 196 Newport Rd, New London, NH, 03257. Lenders below quote one rate for purchase and refinance loans. Use the tabs to compare all loan types and terms, then run the break-even calculator further down. Rates are continually updated, so we recommend checking back frequently.
Refinance rates reflect actual verified offers from lenders actively lending to New Hampshire homeowners. Your final approved rate will depend on your credit profile, loan-to-value ratio, cash-out amount, and daily market movements. Last Updated and Verified: October 31, 2026
Compare Refinance Rates Today in New London, New Hampshire & the Surrounding Area
Rates shown are each lender’s posted rate for that loan type, which most lenders apply to purchase and refinance loans alike. Local New London, NH lenders are listed first in every tab. Among lenders that post both, refinance pricing currently runs about 0.189 points above the same lender’s purchase rate nationally. That premium is shown for context only; every rate in the table is the lender’s posted rate.
New London 30 Year Fixed Refinance Rates
Down Payment: 20.00%; Rates effective October 23, 2026
- Oct 26, 20267.27%▲ from 7.02%
- Oct 22, 20267.02%first recorded
Down Payment: 20.00%; APR based on $100,000.00 loan, 20% down, 780 credit score; single family homes up to $766,550; 45-day rate lock
- Oct 26, 20267.43%▲ from 7.19%
- Oct 22, 20267.19%first recorded
Down Payment: 20.00%; Payment Per $1,000 not included; CAPS: N/A
- Oct 26, 20267.44%▲ from 7.31%
- Oct 22, 20267.31%first recorded
Down Payment: 20.00%; Interest rate based on 45-day rate lock; APR based on $100,000.00 loan, 20% down payment, 30 year term, 780 credit score; rates for single family homes and loans up to $766,550
VHFA (Vermont Housing Finance Agency) Saleable Mortgage Loans for Primary Residences-Servicing Released
- Oct 20, 20266.85%▲ from 6.60%
- Oct 1, 20266.60%▲ from 6.10%
- Sep 15, 20266.10%first recorded
Saleable Mortgage Loans for Primary Residences-Servicing Released; Payment per $1000: $6.57
Jumbo table (data-ratetype); purchase of existing single family primary residence; loan amount $1,000,000; estimated property value $1,250,000; property in NY, Erie county; escrow required; 60-day rate lock; assumed credit score 740
As Low As; Assumes purchase, $225,000 loan, $375,000 property value, Erie county NY, primary residence, escrow required, 60-day rate lock, 740 credit score
- Oct 31, 20267.00%▼ from 7.32%
- Oct 26, 20267.32%first recorded
As Low As; Purchase loan of $225,000 on $375,000 property value; NY, Erie county; existing single family primary residence; escrow required; 60-day rate lock; 740 credit score assumed
- Oct 31, 20267.00%▼ from 7.32%
- Oct 26, 20267.32%first recorded
Conforming; up to 80% total LTV; Rates effective October 1, 2026; based on $806,500.00 purchase loan, FICO 740, LTV no greater than 75%
Servicing Retained; Conventional Saleable Mortgage Loans for 1-4 unit Residential Dwellings
- Oct 26, 20267.05%▼ from 7.31%
- Oct 14, 20267.31%first recorded
As Low As
- Oct 30, 20267.06%▼ from 7.33%
- Oct 14, 20267.33%first recorded
As Low As; Purchase loan, $225,000 loan amount, $375,000 property value, NY (Erie county), existing single family primary residence, escrow required, 60-day rate lock, 740 credit score assumed; advertised APR assumes approximately 2.000 points
- Oct 31, 20267.09%▼ from 7.22%
- Oct 22, 20267.22%first recorded
As Low As; Effective Date: 10/29/2026; Owner Occupied 1-4 units; quoted on $200,000 loan, 20% down, minimum credit score 760
Saleable Mortgage Loans for 1-4 unit Residential Dwellings - Servicing Released; Payment per $1000: $6.73
Rates assume 60% LTV, purchase of a single family residence, and FICO over 740; Align members must maintain a $5 deposit relationship
- Oct 26, 20267.13%▼ from 7.26%
- Oct 9, 20267.26%▼ from 7.64%
- Oct 1, 20267.64%▲ from 7.38%
- Sep 24, 20267.38%first recorded
Saleable Mortgage Loans for Primary Residences-Servicing Released; Payment per $1000: $6.84
Saleable Mortgage Loans for 1-4 unit Residential Dwellings - Servicing Released; Payment per $1000: $6.93
VHFA (Vermont Housing Finance Agency) Saleable Mortgage Loans for Primary Residences-Servicing Released
- Oct 20, 20267.36%▲ from 7.11%
- Oct 1, 20267.11%▲ from 6.60%
- Sep 15, 20266.60%first recorded
VHFA (Vermont Housing Finance Agency) Saleable Mortgage Loans for Primary Residences-Servicing Released
- Oct 20, 20267.40%▲ from 7.14%
- Oct 1, 20267.14%▲ from 6.64%
- Sep 15, 20266.64%first recorded
Refinance; Conforming fixed rate mortgage; based on $300,000 loan amount; rate includes 0.125% autopay and paperless discount
- Oct 31, 20267.45%▼ from 7.83%
- Oct 7, 20267.83%first recorded
As Low As; Effective Date: 10/29/2026; Owner Occupied 1-4 units; quoted on $200,000 loan, 20% down, minimum credit score 760
As Low As; Conventional Mortgage - Fixed Rate; Conventional Loan Limits Apply
- Oct 29, 20267.57%▼ from 7.70%
- Oct 26, 20267.70%▲ from 7.57%
- Oct 19, 20267.57%▼ from 7.70%
- Oct 13, 20267.70%▼ from 7.83%
Mortgage Rates; APR based on $100,000 loan with 20% downpayment
- Oct 26, 20267.61%▼ from 7.62%
- Oct 20, 20267.62%first recorded
VHFA (Vermont Housing Finance Agency) Saleable Mortgage Loans for Primary Residences-Servicing Released
- Oct 20, 20267.65%▲ from 7.40%
- Oct 1, 20267.40%▲ from 6.89%
- Sep 15, 20266.89%first recorded
Rate Type: Fixed
- Oct 19, 20267.73%▼ from 8.11%
- Oct 1, 20268.11%▲ from 7.86%
- Sep 27, 20267.86%▲ from 7.60%
- Sep 14, 20267.60%first recorded
Rate Type: Fixed
- Oct 19, 20267.73%▼ from 8.11%
- Oct 1, 20268.11%▲ from 7.86%
- Sep 27, 20267.86%▲ from 7.60%
- Sep 14, 20267.60%first recorded
Rate Type: Fixed
- Oct 19, 20267.73%▼ from 8.11%
- Oct 1, 20268.11%▲ from 7.86%
- Sep 27, 20267.86%▲ from 7.60%
- Sep 14, 20267.60%first recorded
Rate Type: Fixed
- Oct 19, 20267.73%▼ from 8.11%
- Oct 1, 20268.11%▲ from 7.86%
- Sep 27, 20267.86%▲ from 7.60%
- Sep 14, 20267.60%first recorded
Rate Type: Fixed
- Oct 19, 20267.78%▼ from 8.16%
- Oct 1, 20268.16%▲ from 7.90%
- Sep 27, 20267.90%▲ from 7.65%
- Sep 14, 20267.65%first recorded
Effective 10/29/2026; 80% LTV available to those who qualify
- Oct 29, 20268.48%▼ from 8.61%
- Oct 22, 20268.61%first recorded
APR assumes purchase price of $200,000 with 25% down payment and zero points; Estimated monthly payment per $1,000: $9.61
- Oct 29, 202611.25%▼ from 11.38%
- Oct 22, 202611.38%first recorded
New London 15 Year Fixed Refinance Rates
Down Payment: 20.00%; APR based on $100,000.00 loan, 20% down, 780 credit score; single family homes up to $766,550; 45-day rate lock
- Oct 26, 20267.17%▲ from 6.91%
- Oct 22, 20266.91%first recorded
Conforming; up to 80% total LTV; Rates effective October 1, 2026; based on $806,500.00 purchase loan, FICO 740, LTV no greater than 75%
As Low As; Purchase loan, $225,000 loan amount, $375,000 property value, NY (Erie county), existing single family primary residence, escrow required, 60-day rate lock, 740 credit score assumed; advertised APR assumes approximately 2.000 points
- Oct 31, 20266.87%▼ from 7.08%
- Oct 22, 20267.08%first recorded
Refinance; Conforming fixed rate mortgage; based on $300,000 loan amount; rate includes 0.125% autopay and paperless discount
Servicing Retained; Conventional Saleable Mortgage Loans for 1-4 unit Residential Dwellings
- Oct 26, 20266.96%▼ from 7.09%
- Oct 20, 20267.09%▼ from 7.46%
- Oct 14, 20267.46%first recorded
Jumbo table (data-ratetype); purchase of existing single family primary residence; loan amount $1,000,000; estimated property value $1,250,000; property in NY, Erie county; escrow required; 60-day rate lock; assumed credit score 740
As Low As; Assumes purchase, $225,000 loan, $375,000 property value, Erie county NY, primary residence, escrow required, 60-day rate lock, 740 credit score
- Oct 31, 20267.10%▼ from 7.23%
- Oct 26, 20267.23%first recorded
As Low As; Purchase loan of $225,000 on $375,000 property value; NY, Erie county; existing single family primary residence; escrow required; 60-day rate lock; 740 credit score assumed
- Oct 31, 20267.10%▼ from 7.23%
- Oct 26, 20267.23%first recorded
Mortgage Rates; APR based on $100,000 loan with 20% downpayment
- Oct 26, 20267.11%▼ from 7.13%
- Oct 20, 20267.13%first recorded
As Low As; Effective Date: 10/29/2026; Owner Occupied 1-4 units; quoted on $200,000 loan, 20% down, minimum credit score 760
Rates assume 60% LTV, purchase of a single family residence, and FICO over 740; Align members must maintain a $5 deposit relationship
Rate Type: Fixed
- Oct 26, 20267.35%▼ from 7.61%
- Oct 1, 20267.61%▲ from 7.23%
- Sep 27, 20267.23%▲ from 7.10%
- Sep 22, 20267.10%▼ from 7.23%
Effective 10/29/2026; 80% LTV available to those who qualify
APR assumes purchase price of $200,000 with 25% down payment and zero points; Estimated monthly payment per $1,000: $11.20
New London 5/1 ARM Refinance Rates
Adjustable Rate Mortgage Loans (ARM); Down Payment: 20.00%; CAPS: 2 / 6; APR based on $100,000.00 loan, 20% down payment and a 30 year term
Down Payment: 20.00%; CAPS: 2 / 6; APR based on $100,000.00 loan, 20% down payment and a 30 year term
Down Payment: 25.00%; APR based on $100,000.00 loan amount and 25% down; Private Mortgage Insurance (PMI) not available for land loans
As Low As; Fixed rate for 5 years, then adjusts to a 1-year ARM; index 1-year U.S. Treasury plus 3 percentage point margin; caps 2% annual and 6% lifetime; Owner-Occupied 1-4 Unit Property Only
Adjustable Rate Mortgage
- Oct 29, 20266.20%▼ from 6.25%
- Oct 13, 20266.25%▼ from 7.03%
- Oct 2, 20267.03%first recorded
As Low As; Fixed for 60 Months, then adjusts every five years (max increase 2.00% per change period, 6.00% lifetime); Effective Date: 10/22/2026
Effective Date: September 24, 2026; Index: Five Year US Treasury Bill (10/23/2026: 4.89); Margin: 2.50%; Caps: 2/2/5; Rate rounded up to nearest eighth; For 1-4 family owner-occupied residence, condo, and one-unit second homes; Fixed for 5 years then 5-year ARM
- Oct 9, 20266.69%▼ from 7.25%
- Sep 29, 20267.25%▲ from 7.00%
- Sep 14, 20267.00%first recorded
Rate Caps: 2%/2%/5%; Fully Indexed Rate: 6.980%
- Oct 1, 20266.79%▲ from 6.71%
- Sep 24, 20266.71%▲ from 6.59%
- Sep 22, 20266.59%▲ from 6.49%
- Sep 18, 20266.49%first recorded
Effective Date: September 24, 2026; Index: One Year US Treasury Bill (10/23/2026: 4.48); Margin: 2.75%; Caps: 2/2/6; Rate rounded up to nearest eighth; For 1-4 family owner-occupied residence, condo, and one-unit second homes; Fixed for 5 years then 1-year ARM
- Sep 29, 20267.03%▲ from 6.93%
- Sep 14, 20266.93%first recorded
Rate Type: Variable
Rate Type: Variable
- Oct 19, 20267.37%▼ from 7.43%
- Oct 14, 20267.43%▼ from 7.55%
- Oct 1, 20267.55%▲ from 7.36%
- Sep 27, 20267.36%▲ from 7.24%
Effective Date: September 24, 2026; Index: One Year US Treasury Bill (10/23/2026: 4.48); Margin: 3.50%; Caps: 2/2/6; Rate rounded up to nearest eighth; For 1-4 family owner-occupied residence, condo, and one-unit second homes; Fixed for 5 years then 1-year ARM
- Sep 29, 20267.72%▲ from 7.61%
- Sep 14, 20267.61%first recorded
Effective Date: September 24, 2026; Index: One Year US Treasury Bill (10/23/2026: 4.48); Margin: 2.75%; Rate rounded up to nearest eighth
- Sep 29, 20267.75%▲ from 7.64%
- Sep 14, 20267.64%first recorded
New London 30-Year Jumbo Refinance Rates
Refinance; non-conforming jumbo; example loan amount $1,000,000; LTV 80%; credit score 780 or higher; first lien rate & term refinance
Refinance; non-conforming jumbo; example loan amount $1,000,000; LTV 80%; credit score 780 or higher; first lien rate & term refinance
Refinance; non-conforming jumbo; example loan amount $1,000,000; LTV 80%; credit score 780 or higher; first lien rate & term refinance
Non-conforming jumbo; example loan $1,000,000; LTV 80%; credit score 780+; EMP per $1,000: $11.42
Non-conforming jumbo; example loan $1,000,000; LTV 80%; credit score 780+; EMP per $1,000: $7.75
Non-conforming jumbo; example loan $1,000,000; LTV 80%; credit score 780+; EMP per $1,000: $6.74
Saleable Mortgage Loans for 1-4 unit Residential Dwellings - Servicing Released; Payment per $1000: $6.91
Rate Type: Fixed
- Oct 19, 20267.59%▼ from 7.97%
- Oct 1, 20267.97%▲ from 7.71%
- Sep 27, 20267.71%▲ from 7.46%
- Sep 14, 20267.46%first recorded
Jumbo; Interest Rate then APR
- Oct 19, 20267.60%▼ from 7.63%
- Oct 13, 20267.63%first recorded
Rate Type: Fixed
- Oct 19, 20267.63%▼ from 8.01%
- Oct 1, 20268.01%▲ from 7.75%
- Sep 27, 20267.75%▲ from 7.50%
- Sep 14, 20267.50%first recorded
New London 15-Year Jumbo Refinance Rates
Refinance; non-conforming jumbo; example loan amount $1,000,000; LTV 80%; credit score 780 or higher; first lien rate & term refinance
Non-conforming jumbo; example loan $1,000,000; LTV 80%; credit score 780+; EMP per $1,000: $8.78
Jumbo; Interest Rate then APR
- Oct 29, 20266.94%▼ from 7.23%
- Oct 26, 20267.23%▲ from 7.20%
- Oct 19, 20267.20%▼ from 7.23%
- Oct 13, 20267.23%first recorded
Rate Type: Fixed
- Oct 26, 20267.13%▼ from 7.38%
- Oct 1, 20267.38%▲ from 7.00%
- Sep 27, 20267.00%▲ from 6.88%
- Sep 22, 20266.88%▼ from 7.00%
New London 5/1 Jumbo ARM Refinance Rates
New London FHA Loan Rates
As Low As; Assumes purchase, $225,000 loan, $375,000 property value, Erie county NY, primary residence, escrow required, 60-day rate lock, 740 credit score
- Oct 31, 20267.00%▼ from 7.32%
- Oct 26, 20267.32%first recorded
As Low As; Assumes purchase, $225,000 loan, $375,000 property value, Erie county NY, primary residence, escrow required, 60-day rate lock, 740 credit score
- Oct 31, 20267.10%▼ from 7.23%
- Oct 26, 20267.23%first recorded
VHFA (Vermont Housing Finance Agency) Saleable Mortgage Loans for Primary Residences-Servicing Released
- Oct 20, 20267.40%▲ from 7.14%
- Oct 1, 20267.14%▲ from 6.64%
- Sep 15, 20266.64%first recorded
VHFA (Vermont Housing Finance Agency) Saleable Mortgage Loans for Primary Residences-Servicing Released
- Oct 20, 20267.65%▲ from 7.40%
- Oct 1, 20267.40%▲ from 6.89%
- Sep 15, 20266.89%first recorded
New London VA Loan Rates
Variable; TD Mortgage Prime Rate 4.85% -0.31%; Posted Rate: TD Mortgage Prime Rate (struck through)
- Oct 31, 20264.56%▲ from 4.31%
- Oct 26, 20264.31%first recorded
As Low As; Purchase loan of $225,000 on $375,000 property value; NY, Erie county; existing single family primary residence; escrow required; 60-day rate lock; 740 credit score assumed
- Oct 31, 20267.00%▼ from 7.32%
- Oct 26, 20267.32%first recorded
As Low As; Purchase loan of $225,000 on $375,000 property value; NY, Erie county; existing single family primary residence; escrow required; 60-day rate lock; 740 credit score assumed
- Oct 31, 20267.10%▼ from 7.23%
- Oct 26, 20267.23%first recorded
Saleable Mortgage Loans for 1-4 unit Residential Dwellings - Servicing Released; Payment per $1000: $6.73
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
National Refinance Rate Averages
Daily averages of posted rates across every lender we track, as of October 31, 2026. Use these as the benchmark for the New London, New Hampshire quotes above; lenders that price refinances separately currently run about 0.189 points higher.
New London, NH Refinance Rate Trends
Compare local New London, NH refinance quotes against the statewide average
Daily averages of posted first-mortgage rates across our lender network, updated every evening. Because most lenders price purchase and refinance loans identically, this is the benchmark a New Hampshire refinance quote should be measured against, plus roughly 0.189 points at lenders that price refinances separately.
New Hampshire 30-year fixed rates fell 0.018 points over the past 7 days to 7.341%.
New Hampshire 15-year fixed rates fell 0.049 points over the past 7 days to 6.995%.
What New London, NH Homeowners Actually Pay to Refinance
Posted refinance rates from our lender network alongside the rates borrowers closed at, from federal HMDA filings
Two different measures. The refinance premium is computed nightly from lenders that publish separate purchase and refinance pricing. HMDA figures are median note rates on loans that actually closed.
New Hampshire Refinance Rate Forecast, Next 12 Months
Where are New Hampshire refinance rates headed through October 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. If the forecast shows rates falling, waiting may beat refinancing today; the break-even calculator below shows what each scenario is worth. Not financial advice.
What Forecast Rates Mean for New London, NH Homeowners Refinancing
Monthly principal & interest on a 30-year refinance of the loan of $384,800 (80% of the city median home value). Payment differences show what waiting for the forecast rate would be worth each month.
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (NH avg) | 7.341% | $2,649 | 32.1% | |
| 6-Month Forecast | 7.341% (6.99, 7.64%) | $2,649 | +$0/mo | 32.1% |
| 12-Month Forecast | 7.591% (7.24, 7.89%) | $2,715 | +$66/mo | 32.9% |
Income column = annual mortgage payment as % of New London, NH median household income ($99,031). Above 30% is generally considered cost-burdened.
New London, New Hampshire Refinance Break-Even Calculator
Enter your current loan and the refinance rate you have been quoted. The calculator shows the new payment, monthly savings, and how many months it takes for those savings to pay back the closing costs. Click a current New London, New Hampshire rate on the right to test it instantly.
Principal and interest only. Excludes escrow, mortgage insurance, and any prepayment penalty on the current loan. Lifetime interest compares the remaining interest on the current loan to total interest on the new loan. Estimates are for informational purposes only.
Run the Numbers on Your New London, New Hampshire Refinance
The rate is only part of the decision. Use these calculators to turn current New London, New Hampshire home refinance rates into monthly savings, break-even months, and total interest before you request quotes from refinance lenders.
If you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateEnter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateIf your goal is cash rather than a lower rate, compare current New London, New Hampshire home equity loan and HELOC rates against a cash-out refinance. Keeping a low existing first mortgage and adding a second lien is often the cheaper path, especially for loans originated between 2020 and 2022.
CompareTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current New London, New Hampshire rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateTypes of Refinance Loans Available in New London, New Hampshire
Homeowners in New London, New Hampshire can choose from several refinance programs. The right one depends on what you are trying to do: lower the rate, shorten the term, pull cash out, or drop mortgage insurance. Pricing, appraisal requirements, and eligibility differ across each, and the cheapest program is not always the lowest posted rate once fees are counted.
Rate-and-Term Refinance
The standard refinance. You replace your existing mortgage with a new loan for about the same balance, changing only the rate, the term, or both. It is the lowest-priced refinance product at nearly every New Hampshire lender because the loan-to-value ratio does not rise.
Best for homeowners whose rate is at least half a point above today’s New London, New Hampshire average and who plan to stay past the break-even point. Choosing a term that matches your remaining years, rather than resetting to 30, keeps the payoff date where it is.
Cash-Out Refinance
A cash-out refinance replaces your mortgage with a larger one and hands you the difference at closing. Conventional lenders cap the new loan at 80% of appraised value; VA cash-out loans go to 90%. Rates run above rate-and-term pricing.
If you hold a low rate from 2020 to 2022, a home equity loan or HELOC in New London, New Hampshire usually costs less than refinancing the whole balance at today’s rate to pull out cash.
FHA Streamline Refinance
For homeowners already in an FHA loan. No appraisal, no income verification, and limited credit review, as long as the new loan produces a net tangible benefit (generally a rate at least 0.5% lower, or a move from an ARM to a fixed rate). You need 210 days since the first payment and six on-time payments.
The upfront mortgage insurance premium is reduced to 0.01% and annual MIP continues, so FHA borrowers with 20% equity and good credit should also price a conventional rate-and-term refinance, which drops mortgage insurance entirely.
VA IRRRL (Streamline Refinance)
The Interest Rate Reduction Refinance Loan lets veterans refinance an existing VA loan with no appraisal, no income documentation, and a funding fee of just 0.5% (waived for borrowers with a service-connected disability). Closing costs can be rolled into the loan.
The new rate must be lower than the current one unless you are moving from an ARM to a fixed rate, and you must recoup closing costs within 36 months. VA lenders in New Hampshire quote IRRRL pricing separately, so ask for it by name.
USDA Streamlined-Assist Refinance
For homeowners with an existing USDA Rural Development loan. No appraisal or credit review in most cases, and the new payment must be at least $50 a month lower than the current one. The property no longer has to meet the rural eligibility map.
Twelve months of on-time payments are required, and the 1% upfront guarantee fee plus the annual fee apply to the new loan.
Jumbo Refinance
The 2026 FHFA conforming loan limit for New London, New Hampshire is $832,750. A refinance above that amount is a jumbo loan and stays on the lender’s books or goes to private investors, so pricing and underwriting are set lender by lender.
Jumbo refinances usually require a 700 or higher credit score, reserves of six to twelve months of payments, and a loan-to-value of 80% or less. Because balances are large, even a quarter-point rate difference is worth thousands a year, so compare the 30-Year Jumbo and 15-Year Jumbo tabs above closely. If paying the balance down to the conforming limit at closing is possible, conforming refinance pricing is often noticeably better.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our New London, New Hampshire refinance rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Refinance Rate Data: We aggregate mortgage and refinance rates for New London, New Hampshire directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Where a lender publishes a product specifically for refinancing, that product is listed by name; where a lender publishes one rate sheet for purchase and refinance loans, that rate is shown as the refinance rate, which is how the lender itself quotes it.
Refinance Premium and HMDA Figures: The refinance premium is the average difference between a lender’s refinance-labeled product and the same lender’s standard product of the same term, computed nightly across lenders that publish both. It is shown for context and is never added to any rate in the tables. HMDA figures are median note rates on first-lien, owner-occupied, one-to-four-unit loans originated in the most recent reporting year, from the Consumer Financial Protection Bureau’s public Loan/Application Register.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in New London, New Hampshire. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in NH.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage and refinance rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Refinance Product Information
How a Mortgage Refinance Works
A refinance pays off your current mortgage with a new loan on the same New London, New Hampshire home. The new lender wires the payoff to the old lender at closing, and from that point you make payments on the new loan only. Because it is a brand-new mortgage, you go through an application, credit check, and usually an appraisal, and you pay closing costs, just as you did when you bought the home.
Refinance Rates vs. Purchase Rates
Most New Hampshire banks and credit unions post one rate sheet that applies to purchase and refinance loans alike, which is why the tables above show the same lenders you will find on our New London, New Hampshire mortgage rates page. For example, Sugar River Bank is listing a 30 Year Fixed at 7.25% for either purpose. Some lenders price refinances separately and list them by name, such as DCU Digital Federal Credit Union’s Refinance Jumbo Fixed-Rate Mortgage - Jumbo 15 Years Fixed at 6.625%. Across lenders that post both, refinance pricing currently runs about 0.189 points above the same lender’s purchase rate nationally. Cash-out refinances, investment properties, and second homes carry pricing add-ons at every lender.
Finding Your Break Even Point
Divide total closing costs by the monthly payment savings and you get the number of months until the refinance has paid for itself. A New London, New Hampshire homeowner who expects to sell before that month should not refinance, no matter how good the rate looks. The calculator above runs this math with today’s local rates. A shorter break-even, under three years, is a comfortable margin; anything past five years needs a long stay to pay off.
Refinance Closing Costs
Refinance closing costs in New Hampshire typically run two to five percent of the loan and include the lender’s origination fee, appraisal, title search and lender’s title policy, recording fees, and prepaid interest. Discount points are optional and buy the rate down. A no-closing-cost refinance rolls the fees into a higher rate or the loan balance. It is not free, but it can be the better choice for a homeowner likely to move or refinance again within a few years, because there is nothing to recoup.
When to Wait
Refinancing rarely pays when the new rate is less than half a point below the current one, when you are more than ten years into a 30-year loan and would reset the clock, or when your credit score has dropped since the original loan. Homeowners holding a rate from 2020 to 2022 are usually better served by keeping that loan and using a home equity loan or HELOC for cash needs. Our New Hampshire refinance rate trends above show where rates have been over the past 90 days, and the forecast gives a sense of where they may head, so you can decide whether to lock now or wait.
Frequently Asked Questions about Refinance Rates in New London, New Hampshire
What are refinance rates in New London, New Hampshire today?
What are home loan refinance rates in New London, NH today?
Are refinance rates higher than purchase mortgage rates in New London, New Hampshire?
When does refinancing make sense in New London, New Hampshire?
How soon can I refinance a mortgage in New London, New Hampshire?
What is a rate-and-term refinance?
What is a cash-out refinance?
Does refinancing reset my 30-year term?
What are typical refinance closing costs in New London, New Hampshire?
What is the difference between interest rate and APR on a refinance?
Should I lock my refinance rate?
How do I compare refinance lenders in New London, New Hampshire?
How do I get refinance quotes in New London, New Hampshire?
What are the best refinance rates in New London, New Hampshire?
- Sugar River Bank: 7.25% (30 Year Fixed)
- Union Bank Morrisville, VT: 6.75% (30 Year Fixed Rate MOVE Conventional)
- M&T Bank: 6.875% (30 Year Fixed)
- Jeanne D Arc Credit Union: 6.99% (Mortgage - 30 Year Fixed)
- Triangle Credit Union: 7.063% (30 Year Fixed Mortgage)
New London, New Hampshire Rates & Resources
