Compare Today’s Mortgage Rates for Basking Ridge, New Jersey

Pureloan searches mortgage lenders and major banks in Basking Ridge, New Jersey 07920 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $7,831 or $22 / month is expected in Basking Ridge and other areas of Somerset county.

Pureloan’s search engine explores all home mortgage options in Basking Ridge, New Jersey 07920, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Basking Ridge, New Jersey 07920

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Basking Ridge, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Basking Ridge, NJ 07920, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for Basking Ridge, NJ

Historical Mortgage Rates for Basking Ridge, New Jersey 07920 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Basking Ridge, New Jersey and around Somerset county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed mortgage 88.58% 86.42% 84.88% 86.27% 84.84% 85.62% 88.96% 84.84%
avg mortgage rate 4.96% 4.64% 3.87% 3.92% 4.39% 4.05% 3.87% 4.11%
% 15 year fixed mortgage 8.13% 10.78% 11.63% 12.35% 13.48% 12.31% 9.45% 13.36%
avg mortgage rate 4.37% 3.92% 3.11% 3.13% 3.44% 3.20% 3.04% 3.47%
Avg credit score 762.57 763.52 760.72 757.73 755.14 754.14 750.72 750.37
Avg LTV (loan to value) 73.15% 72.70% 76.28% 77.01% 77.43% 78.73% 78.98% 78.45%
Avg DTI (debt to income) 33.50 32.90 32.55 33.29 33.96 33.15 34.03 35.71
% First time homebuyer 42.21% 36.64% 36.98% 38.12% 43.80% 42.05% 41.60% 39.35%
Avg mortgage insurance % 3.59% 3.83% 6.09% 7.34% 7.91% 8.65% 9.40% 8.93%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Basking Ridge, New Jersey 07920

If you’re looking to buy a new home in Basking Ridge, we have compiled a list of the leading mortgage brokers around Basking Ridge, New Jersey 07920 to help you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

68 N Finley Ave

Basking Ridge NJ 07920

(908) 630-0208

http://www.wellsfargo.com/mortgage/

GMAC Commercial Mortgage

150 Allen Rd

Basking Ridge NJ 07920

(908) 604-2509

http://globalconsultingus.com

Capconnect Funding Group

233 Mount Airy Rd

Basking Ridge NJ 07920

(908) 502-7200

First National Of America

188 Mount Airy Rd

Basking Ridge NJ 07920

(908) 604-4700

http://www.firstna.com

Viasource Funding Group

106 Allen Rd

Basking Ridge NJ 07920

(908) 394-7778

http://www.viasourcefunding.com

Address

68 N Finley Ave

Basking Ridge NJ

Contact

(908) 630-0208

http://www.wellsfargo.com/mortgage/

Address

150 Allen Rd

Basking Ridge NJ

Contact

(908) 604-2509

http://globalconsultingus.com

Address

233 Mount Airy Rd

Basking Ridge NJ

Contact

(908) 502-7200

News on Mortgages and Reverse Mortgages for Basking Ridge, New Jersey 07920