Compare Today’s Mortgage Rates in Caldwell, New Jersey 07006

Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Caldwell, New Jersey 07006.

Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Caldwell, New Jersey 07006. For a 30-year fixed loan, our calculations show that you can expect to save up to $31,320 over the lifetime of your mortgage, which translates to a monthly savings of $87 in Caldwell and other areas of Essex county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

40.849059 -74.276771 2506

Summary of Average Mortgages in Caldwell, New Jersey 07006

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Caldwell, New Jersey 07006

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Caldwell, NJ 07006. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.

Local Mortgage Rates in Caldwell, New Jersey 07006

Caldwell is a borough located in northwestern Essex County, in the U.S. state of New Jersey, about 16 miles west of New York City and 6 miles north-west of Newark, the state's most populous city. Read more

Caldwell is a borough located in northwestern Essex County, in the U.S. state of New Jersey, about 16 miles west of New York City and 6 miles north-west of Newark, the state's most populous city. As of the 2020 United States census, the borough's population was 9,027, an increase of 1,205 from the 2010 census count of 7,822, which in turn reflected an increase of 238 from the 7,584 counted in the 2000 census.Caldwell was incorporated as a borough by an act of the New Jersey Legislature on February 10, 1892, from portions of Caldwell Township, based on the results of a referendum held on the previous day. In 1981, the borough's name was changed to the "Township of the Borough of Caldwell", as one of seven Essex County municipalities to pass a referendum to become a township, joining four municipalities that had already made the change, of what would ultimately be more than a dozen Essex County municipalities to reclassify themselves as townships in order take advantage of federal revenue sharing policies that allocated townships a greater share of government aid to municipalities on a per capita basis. Effective January 26, 1995, it again became a borough.Grover Cleveland, the 22nd and 24th President of the United States, and the only president to serve two non-consecutive terms, was born in Caldwell on March 18, 1837. His father, Rev. Richard Falley Cleveland, was pastor of the First Presbyterian Church. The Grover Cleveland birthplace—the church's former manse—is now a museum and is open to the public.Though today the Caldwell area is considered to be a suburb of both Newark and New York City, the area originally developed as its own individual, self-contained community and economy rather than as urban sprawl from a larger city. When it was formed, miles of woods separated downtown Caldwell from Newark or any of its developing suburbs.

New Jersey Monthly magazine ranked Caldwell as its third-best place to live in its 2010 rankings of the "Best Places To Live" in New Jersey. Read less

Historical Mortgage Rates in Caldwell, New Jersey 07006 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Caldwell, New Jersey and around Essex county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.

2024 2023 2022 2021 2020 2019 2018 2017 2016
% 30 year fixed mortgage 95.21% 94.64% 95.35% 93.55% 93.74% 91.24% 90.06% 88.97% 88.84%
avg mortgage rate 6.49% 4.64% 3.04% 3.50% 4.54% 4.71% 4.29% 4.01% 4.17%
% 15 year fixed mortgage 4.15% 4.11% 3.65% 5.10% 4.44% 7.23% 8.54% 9.05% 9.61%
avg mortgage rate 6.16% 4.02% 2.47% 3.05% 3.93% 4.03% 3.55% 3.39% 3.46%
Avg credit score 750.38 747.68 749.99 759.80 743.49 747.35 745.91 744.80 746.69
Avg LTV (loan to value) 81.88% 83.72% 84.38% 84.63% 84.79% 81.30% 82.29% 82.21% 82.00%
Avg DTI (debt to income) 38.25 36.85 35.31 34.68 35.78 35.98 35.28 34.12 32.91
% First time homebuyer 52.08% 42.39% 40.04% 45.93% 50.15% 39.47% 38.80% 42.01% 44.34%
Avg mortgage insurance % 12.60% 14.41% 14.64% 14.46% 13.99% 11.25% 11.80% 11.38% 11.87%

Source: Financial Report of the US Government

Best Mortgage Brokers around Caldwell, New Jersey 07006

For those searching for a new home in Caldwell, we have compiled a list of the top mortgage brokers located in and around Caldwell, New Jersey 07006 to assist you with your search.

Name
Address
Contact

Codelco

33 Bloomfield Ave

Caldwell NJ 07006

(973) 228-6644

Pappas Financial Service

9 Canterbury Dr

Caldwell NJ 07006

(973) 429-0725

1stfinancial@gmail.com

MCS Mortgage

132 W Greenbrook Rd

Caldwell NJ 07006

(973) 396-8593

Old Dominion Mortgage Co.

132 W Greenbrook Rd

Caldwell NJ 07006

(973) 364-9800

wdederickjr@olddmtg.com

People's Mortgage Corporation

42 Fairfield Pl

West Caldwell NJ 07006

(973) 227-4184

Address

33 Bloomfield Ave

Caldwell NJ

Contact

(973) 228-6644

Address

9 Canterbury Dr

Caldwell NJ

Contact

(973) 429-0725

1stfinancial@gmail.com

Address

132 W Greenbrook Rd

Caldwell NJ

Contact

(973) 396-8593

News on Mortgages and Reverse Mortgages for Caldwell, New Jersey 07006