Compare Today’s Mortgage Rates for Cedar Grove, New Jersey

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Cedar Grove, New Jersey 07009. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $41,178 or $114 / month in Cedar Grove and other areas of Essex county.

Our search engine explores all home mortgage options in Cedar Grove, New Jersey 07009, 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 Cedar Grove, New Jersey 07009

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cedar Grove, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Cedar Grove, NJ 07009, 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 Cedar Grove, NJ

Historical Mortgage Rates for Cedar Grove, New Jersey 07009 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Cedar Grove, New Jersey and around Essex 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 91.57% 90.02% 90.50% 90.12% 91.72% 89.42% 91.50% 90.50%
avg mortgage rate 5.00% 4.67% 3.94% 3.98% 4.46% 4.12% 3.92% 4.14%
% 15 year fixed mortgage 6.50% 7.85% 8.11% 8.49% 7.26% 9.16% 7.03% 8.65%
avg mortgage rate 4.36% 3.96% 3.26% 3.14% 3.51% 3.28% 3.21% 3.30%
Avg credit score 756.64 759.12 757.50 753.61 750.37 749.56 748.75 748.95
Avg LTV (loan to value) 73.70% 74.69% 76.97% 77.51% 78.73% 79.16% 79.29% 80.15%
Avg DTI (debt to income) 35.09 34.41 34.04 34.38 34.91 35.27 35.53 35.79
% First time homebuyer 53.25% 51.64% 49.72% 50.39% 51.51% 53.33% 54.98% 54.22%
Avg mortgage insurance % 2.88% 3.86% 5.92% 7.00% 8.27% 8.79% 8.77% 9.46%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Cedar Grove, New Jersey 07009

If you’re looking to buy a new home in Cedar Grove, we have compiled a list of the leading mortgage brokers around Cedar Grove, New Jersey 07009 to help 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

News on Mortgages and Reverse Mortgages for Cedar Grove, New Jersey 07009