Compare Today’s Mortgage Rates in Cedar Grove, New Jersey 07009
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Cedar Grove, New Jersey 07009.
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 Cedar Grove, New Jersey 07009. For a 30-year fixed loan, our calculations show that you can expect to save up to $28,743 over the lifetime of your mortgage, which translates to a monthly savings of $80 in Cedar Grove and other areas of Essex county.
40.85344
-74.229672
2509
Summary of Average Mortgages in Cedar Grove, New Jersey 07009
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Cedar Grove, New Jersey 07009
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Cedar Grove, NJ 07009. 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.
Historical Mortgage Rates in Cedar Grove, New Jersey 07009 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Cedar Grove, 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% |
Best Mortgage Brokers around Cedar Grove, New Jersey 07009
For those searching for a new home in Cedar Grove, we have compiled a list of the top mortgage brokers located in and around Cedar Grove, New Jersey 07009 to assist you with your search.
Name
Address
Contact
First Atlantic Funding
41 Canfield Rd
Cedar Grove NJ 07009
(973) 239-1660
Mortgage Essentials
411 Pompton Ave
Cedar Grove NJ 07009
(973) 239-7474
Commercial Finance Quaker Stt
406 Lincoln Park E
Cranford NJ 07009
(908) 272-5201
Jersey Mortgage Company
20 Commerce Dr
Cranford NJ 07009
(908) 276-2442
jkenny@jerseymortgage.com
Mortgage Master
14 Commerce Dr
Cranford NJ 07009
(718) 907-7400
calbanese@mortgagemaster.com
Address
41 Canfield Rd
Cedar Grove NJ
Contact
(973) 239-1660
Address
411 Pompton Ave
Cedar Grove NJ
Contact
(973) 239-7474
Address
406 Lincoln Park E
Cranford NJ
Contact
(908) 272-5201