By the Wirly Editorial Team | AI-assisted, human-reviewed
Mortgage Refinancing in Arkansas
Real refinance data for Arkansas from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
7,243
2024 HMDA data
Avg Loan Amount
$253,463
National: $428,119
Denial Rate
19.38%
▲ Below national avg
Median Home Value
$175,300
U.S. Census Bureau
Source: HMDA 2024 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Arkansas
Originations by Year
Refinance originations in Arkansas by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Arkansas
Source: FHFA House Price Index
Top Lenders in Arkansas
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Arvest Bank | 12,525 | - |
| 2 | Arvest Bank | 9,593 | - |
| 3 | Arvest Bank | 9,494 | - |
| 4 | Rocket Mortgage LLC | 6,247 | - |
| 5 | Rocket Mortgage LLC | 4,982 | - |
| 6 | Pennymac Loan Services LLC | 4,809 | - |
| 7 | Arkansas Federal Credit Union | 4,338 | - |
| 8 | 21st Mortgage Corporation | 4,150 | - |
| 9 | Arkansas Federal Credit Union | 4,110 | - |
| 10 | Rocket Mortgage LLC | 4,045 | - |
Ranked by total HMDA filings in the state (2024). Source: HMDA via CFPB.
Compare all lenders →How Arkansas Compares
| Metric | Arkansas | National Avg |
|---|---|---|
| Refinance Originations | 7,243 | 697,820 |
| Avg Loan Amount | $253,463 | $428,119 |
| Denial Rate | 19.38% | 24.2% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2024, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.51%
▲ 6.36% prev
15-Year Fixed
5.85%
▲ 5.71% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Arkansas in 2024?
In 2024, there were 7,243 refinance originations in Arkansas, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Arkansas?
The average refinance loan amount in Arkansas was $253,463 in 2024. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Arkansas?
The refinance denial rate in Arkansas was 19.38% in 2024. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Arkansas?
The most active lenders in Arkansas by HMDA filing volume include Arvest Bank, Arvest Bank, Arvest Bank. See the full list above for details.
Is it a good time to refinance in Arkansas?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Arkansas, including tips, regulations, and state programs.
Read the Arkansas Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.