Compare Today’s Mortgage Rates for Cape May, New Jersey
Pureloan searches mortgage lenders and major banks in Cape May, New Jersey 08204 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 $9,021 or $25 / month is expected in Cape May and other areas of Cape May county.
Pureloan’s search engine explores all home mortgage options in Cape May, New Jersey 08204, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Cape May, New Jersey 08204


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Interactive Mortgage Rate Projections for Cape May, NJ
To forecast and predict mortgage rates in Cape May, NJ 08204, 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.
Historical Mortgage Rates for Cape May, New Jersey 08204 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Cape May, New Jersey and around Cape May 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 | 92.31% | 88.05% | 88.45% | 86.36% | 88.09% | 90.02% | 89.25% | 89.40% |
avg mortgage rate | 4.93% | 4.64% | 3.88% | 3.93% | 4.43% | 4.09% | 3.92% | 4.11% |
% 15 year fixed mortgage | 7.13% | 8.32% | 8.66% | 11.67% | 9.27% | 8.58% | 8.91% | 9.64% |
avg mortgage rate | 4.30% | 3.81% | 3.21% | 3.03% | 3.43% | 3.25% | 3.13% | 3.28% |
Avg credit score | 763.32 | 765.87 | 762.66 | 761.34 | 756.81 | 756.34 | 753.66 | 758.89 |
Avg LTV (loan to value) | 72.20% | 73.25% | 75.93% | 75.99% | 78.13% | 77.57% | 78.62% | 78.74% |
Avg DTI (debt to income) | 33.49 | 32.79 | 33.42 | 33.65 | 34.12 | 34.81 | 35.31 | 35.57 |
% First time homebuyer | 12.87% | 15.43% | 19.49% | 17.86% | 24.91% | 25.06% | 23.23% | 19.52% |
Avg mortgage insurance % | 2.17% | 3.80% | 6.79% | 6.58% | 8.52% | 8.16% | 8.45% | 8.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Cape May, New Jersey 08204
If you’re looking to buy a new home in Cape May, we have compiled a list of the leading mortgage brokers around Cape May, New Jersey 08204 to help you with your search.
Guaranteed Rate
108 Delair Rd
Cape May NJ 08204
(609) 522-8222
http://superiormortgage.net
First Home Mortgage
1252 Route 109
Cape May NJ 08204
(609) 884-0108
http://gofirsthome.com
Coastline Lending
937 Columbia Ave
Cape May NJ 08204
(609) 898-1800
patrick.schoen@americanhm.com
Hoang Loan
542 E Dickinson Ave
Galloway NJ 08204
(609) 241-0173
First National Bank Of Absecon
38 W Jimmie Leeds Rd
Galloway NJ 08204
(609) 277-2915
shoffman@fnbabsecon.com
Address
108 Delair Rd
Cape May NJ
Contact
(609) 522-8222
http://superiormortgage.net
Address
1252 Route 109
Cape May NJ
Contact
(609) 884-0108
http://gofirsthome.com
Address
937 Columbia Ave
Cape May NJ
Contact
(609) 898-1800
patrick.schoen@americanhm.com