Mortgage Refinancing in District of Columbia
Real refinance data for District of Columbia from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
574
2023 HMDA data
Avg Loan Amount
$2,340,645
National: $410,429
Denial Rate
38.74%
▼ Above national avg
Median Home Value
$724,600
U.S. Census Bureau
Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in District of Columbia
Originations by Year
Refinance originations in District of Columbia 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 District of Columbia
Source: FHFA House Price Index
Top Lenders in District of Columbia
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Truist Bank | 1,437 | - |
| 2 | Wells Fargo Bank National Association | 1,272 | - |
| 3 | Bank Of America National Association | 1,000 | - |
| 4 | Rocket Mortgage LLC | 897 | - |
| 5 | First Savings Mortgage Corporation | 896 | - |
| 6 | Pnc Bank National Association | 887 | - |
| 7 | Caliber Home Loans Inc. | 807 | - |
| 8 | Navy Federal Credit Union | 787 | - |
| 9 | Navy Federal Credit Union | 742 | - |
| 10 | Td Bank National Association | 735 | - |
Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.
Compare all lenders →How District of Columbia Compares
| Metric | District of Columbia | National Avg |
|---|---|---|
| Refinance Originations | 574 | 435,709 |
| Avg Loan Amount | $2,340,645 | $410,429 |
| Denial Rate | 38.74% | 27.87% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.38%
▲ 6.22% prev
15-Year Fixed
5.75%
▲ 5.54% 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 District of Columbia in 2023?
In 2023, there were 574 refinance originations in District of Columbia, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in District of Columbia?
The average refinance loan amount in District of Columbia was $2,340,645 in 2023. This reflects originated loans reported through HMDA.
What is the refinance denial rate in District of Columbia?
The refinance denial rate in District of Columbia was 38.74% in 2023. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in District of Columbia?
The most active lenders in District of Columbia by HMDA filing volume include Truist Bank, Wells Fargo Bank National Association, Bank Of America National Association. See the full list above for details.
Is it a good time to refinance in District of Columbia?
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 District of Columbia, including tips, regulations, and state programs.
Read the District of Columbia 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.