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.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

40.85344 -74.229672 2509

Summary of Average Mortgages in Cedar Grove, New Jersey 07009

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cedar Grove, New Jersey 07009

Source: Fannie Mae and Freddie Mac


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.

Local Mortgage Rates in Cedar Grove, New Jersey 07009

Cedar Grove is a township in north central Essex County, in the U.S. state of New Jersey. As of the 2020 United States census, the township's population was 12,980, an increase of 569 from the 2010 census count of 12,411, which in turn reflected an increase of 111 from the 12,300 counted in the 2000 census. Read more

Cedar Grove is a township in north central Essex County, in the U.S. state of New Jersey. As of the 2020 United States census, the township's population was 12,980, an increase of 569 from the 2010 census count of 12,411, which in turn reflected an increase of 111 from the 12,300 counted in the 2000 census.New Jersey Monthly magazine ranked Cedar Grove as its fourth best place to live in Essex County and 17th best place overall to live in its 2008 rankings of the "Best Places To Live" in New Jersey.What is now Cedar Grove was originally incorporated by an act of the New Jersey Legislature as the Township of Verona on February 7, 1892, from portions of Caldwell Township. Portions of the township were taken to create Verona borough, based on the results of a referendum held on April 30, 1907. On April 9, 1908, the name was formally changed to Cedar Grove. The township's name derives from the Eastern Red Cedar trees that once covered its valley and hillsides. Read less

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%

Source: Financial Report of the US Government

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

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