Compare Today’s Mortgage Rates for Elizabeth, New Jersey

Pureloan searches mortgage lenders and major banks in Elizabeth, New Jersey 07208 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 $15,903 or $44 / month is expected in Elizabeth and other areas of Union county.

Pureloan’s search engine explores all home mortgage options in Elizabeth, New Jersey 07208, 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 Elizabeth, New Jersey 07208

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elizabeth, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elizabeth, NJ 07208, 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 Elizabeth, NJ

Historical Mortgage Rates for Elizabeth, New Jersey 07208 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Elizabeth, New Jersey and around Union county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 83.95% 84.39% 81.82% 83.99% 88.16% 88.26% 89.85% 89.71%
avg mortgage rate 4.90% 4.56% 3.81% 3.89% 4.44% 4.07% 3.95% 4.19%
% 15 year fixed mortgage 12.32% 12.42% 13.10% 13.86% 9.27% 8.84% 7.85% 7.41%
avg mortgage rate 4.19% 3.87% 3.14% 3.08% 3.42% 3.23% 3.13% 3.35%
Avg credit score 758.51 765.69 761.00 757.16 753.60 752.65 749.91 749.63
Avg LTV (loan to value) 77.49% 78.33% 81.20% 81.67% 83.64% 83.35% 83.99% 83.35%
Avg DTI (debt to income) 31.01 31.99 30.57 32.34 32.08 31.42 32.80 33.58
% First time homebuyer 31.52% 22.93% 24.60% 27.39% 30.10% 28.70% 26.79% 20.16%
Avg mortgage insurance % 5.10% 6.57% 11.01% 11.29% 14.28% 14.08% 14.37% 13.03%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Elizabeth, New Jersey 07208

If you’re looking to buy a new home in Elizabeth, we have compiled a list of the leading mortgage brokers around Elizabeth, New Jersey 07208 to help you with your search.

Name
Address
Contact

Gateway Funding

614 Newark Ave

Elizabeth NJ 07208

(908) 662-2930

Speedy Check Cashing

309 Morris Ave

Elizabeth NJ 07208

(908) 629-1700

http://www.speedycheckcashing.com

Sunshine Mngmt and Consl

1241 Clinton Pl

Elizabeth NJ 07208

(908) 469-0725

Elizabeth Development Co.

288 N Broad St

Elizabeth NJ 07208

(908) 289-0262

elizdevco@edcnj.org

Protection Mortgage

570 N Broad St

Elizabeth NJ 07208

(908) 469-7517

Address

614 Newark Ave

Elizabeth NJ

Contact

(908) 662-2930

Address

309 Morris Ave

Elizabeth NJ

Contact

(908) 629-1700

http://www.speedycheckcashing.com

Address

1241 Clinton Pl

Elizabeth NJ

Contact

(908) 469-0725

News on Mortgages and Reverse Mortgages for Elizabeth, New Jersey 07208