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.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Cape May, New Jersey 08204

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cape May, NJ

Source: Fannie Mae and Freddie Mac


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.

Local Mortgage Rates for Cape May, NJ

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.

Name
Address
Contact

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

News on Mortgages and Reverse Mortgages for Cape May, New Jersey 08204