Compare Today’s Mortgage Rates for Bloomfield, New Jersey

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Bloomfield, New Jersey 07003. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $23,729 or $66 / month in Bloomfield and other areas of Essex county.

Our search engine explores all home mortgage options in Bloomfield, New Jersey 07003, 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 Bloomfield, New Jersey 07003

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bloomfield, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bloomfield, NJ 07003, 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 Bloomfield, NJ

Historical Mortgage Rates for Bloomfield, New Jersey 07003 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Bloomfield, New Jersey and around Essex 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 91.57% 90.02% 90.50% 90.12% 91.72% 89.42% 91.50% 90.50%
avg mortgage rate 5.00% 4.67% 3.94% 3.98% 4.46% 4.12% 3.92% 4.14%
% 15 year fixed mortgage 6.50% 7.85% 8.11% 8.49% 7.26% 9.16% 7.03% 8.65%
avg mortgage rate 4.36% 3.96% 3.26% 3.14% 3.51% 3.28% 3.21% 3.30%
Avg credit score 756.64 759.12 757.50 753.61 750.37 749.56 748.75 748.95
Avg LTV (loan to value) 73.70% 74.69% 76.97% 77.51% 78.73% 79.16% 79.29% 80.15%
Avg DTI (debt to income) 35.09 34.41 34.04 34.38 34.91 35.27 35.53 35.79
% First time homebuyer 53.25% 51.64% 49.72% 50.39% 51.51% 53.33% 54.98% 54.22%
Avg mortgage insurance % 2.88% 3.86% 5.92% 7.00% 8.27% 8.79% 8.77% 9.46%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Bloomfield, New Jersey 07003

If you’re looking to buy a new home in Bloomfield, we have compiled a list of the leading mortgage brokers around Bloomfield, New Jersey 07003 to help you with your search.

Name
Address
Contact

Pnc Mortgage

400 Broadacres Dr

Bloomfield NJ 07003

(973) 276-1010

Ecurity One Lending

1455 Broad St

Bloomfield NJ 07003

(973) 338-5165

Mane Mortgage & Financial Service

256 Broad St

Bloomfield NJ 07003

(973) 748-3231

Carteret Mortgage Corporation

72 Burroughs Pl

Bloomfield NJ 07003

(973) 429-7505

http://www.carteretmortgage.com/

Enhanced Administrative Service

590 Bloomfield Ave

Bloomfield NJ 07003

(973) 743-3523

Address

400 Broadacres Dr

Bloomfield NJ

Contact

(973) 276-1010

Address

1455 Broad St

Bloomfield NJ

Contact

(973) 338-5165

Address

256 Broad St

Bloomfield NJ

Contact

(973) 748-3231

News on Mortgages and Reverse Mortgages for Bloomfield, New Jersey 07003