Compare Today’s Mortgage Rates for Bound Brook, New Jersey

Pureloan searches mortgage lenders and major banks in Bound Brook, New Jersey 08805 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 $6,625 or $18 / month is expected in Bound Brook and other areas of Somerset county.

Pureloan’s search engine explores all home mortgage options in Bound Brook, New Jersey 08805, 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 Bound Brook, New Jersey 08805

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bound Brook, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bound Brook, NJ 08805, 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 Bound Brook, NJ

Historical Mortgage Rates for Bound Brook, New Jersey 08805 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Bound Brook, 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 89.74% 86.69% 86.99% 87.39% 88.65% 87.57% 88.92% 89.32%
avg mortgage rate 4.94% 4.65% 3.89% 3.93% 4.42% 4.08% 3.88% 4.12%
% 15 year fixed mortgage 8.46% 10.84% 11.41% 11.04% 9.80% 10.70% 9.65% 8.92%
avg mortgage rate 4.32% 3.86% 3.16% 3.08% 3.45% 3.18% 3.09% 3.30%
Avg credit score 761.83 761.00 761.69 757.79 754.67 754.66 751.31 752.31
Avg LTV (loan to value) 73.39% 74.66% 76.50% 77.97% 79.56% 79.81% 80.33% 80.47%
Avg DTI (debt to income) 33.78 33.47 33.14 33.64 34.37 35.17 35.58 36.03
% First time homebuyer 49.30% 43.60% 45.46% 48.16% 49.69% 51.51% 52.51% 52.09%
Avg mortgage insurance % 3.14% 4.03% 6.00% 7.90% 8.98% 9.84% 10.55% 10.12%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Bound Brook, New Jersey 08805

If you’re looking to buy a new home in Bound Brook, we have compiled a list of the leading mortgage brokers around Bound Brook, New Jersey 08805 to help you with your search.

Name
Address
Contact

First US Mortgage

305 E High St

Bound Brook NJ 08805

(732) 369-6576

Carfindermike

101 W Main St

Bound Brook NJ 08805

(732) 356-6060

Ahmcc

18 E Union Ave

Bound Brook NJ 08805

(732) 369-6721

Mortgage Loan Direct

754 State Route 18

East Brunswick NJ 08805

(732) 432-0003

http://www.lovingcareagency.com

Thunderbay Funding

16 Emerson St

East Brunswick NJ 08805

(732) 238-5456

Address

305 E High St

Bound Brook NJ

Contact

(732) 369-6576

Address

101 W Main St

Bound Brook NJ

Contact

(732) 356-6060

Address

18 E Union Ave

Bound Brook NJ

Contact

(732) 369-6721

News on Mortgages and Reverse Mortgages for Bound Brook, New Jersey 08805