Compare Today’s Mortgage Rates in Fair Haven, New Jersey 07704

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Fair Haven, New Jersey 07704.

After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $21,785 over the lifetime of your 30-year fixed loan, or a monthly savings of $61 in Fair Haven and other areas of Monmouth county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

40.359873 -74.038891 2741

Summary of Average Mortgages in Fair Haven, New Jersey 07704

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Fair Haven, New Jersey 07704

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Fair Haven, NJ 07704. 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 Fair Haven, New Jersey 07704

Fair Haven is a borough situated in the Jersey Shore region within Monmouth County, in the U.S. state of New Jersey, in the New York metropolitan area. Fair Haven is located on the Rumson peninsula along the Navesink River and is bordered by Red Bank and Little Silver to the west. Read more

Fair Haven is a borough situated in the Jersey Shore region within Monmouth County, in the U.S. state of New Jersey, in the New York metropolitan area. Fair Haven is located on the Rumson peninsula along the Navesink River and is bordered by Red Bank and Little Silver to the west. As of the 2020 United States census, the borough's population was 6,269, its highest decennial count ever and an increase of 148 from the 2010 census count of 6,121, which in turn reflected an increase of 184 from the 5,937 counted in the 2000 census.Fair Haven was incorporated as a borough by an act of the New Jersey Legislature on March 28, 1912, from portions of Shrewsbury Township, subject to the results of a referendum held on April 23, 1912. Portions of the borough were exchanged with Red Bank on June 17, 1957.The borough has been one of the state's highest-income communities. In the 2013–2017 American Community Survey, Fair Haven had a median household income of $158,264 and included 36.6% of households earning more than $200,000 annually.In 2012, Forbes.com listed Fair Haven as 355th in its listing of "America's Most Expensive ZIP Codes", with a median home price of $804,446. In 2018, New Jersey Business Magazine listed Fair Haven as 25th in its listing of "The Most Expensive ZIP Codes in New Jersey", with a median sale price 2017 of $745,000 Read less

Historical Mortgage Rates in Fair Haven, New Jersey 07704 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Fair Haven, New Jersey and around Monmouth 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 93.88% 91.66% 92.28% 90.64% 89.21% 85.37% 85.15% 86.53% 83.90%
avg mortgage rate 6.42% 4.55% 3.00% 3.40% 4.41% 4.66% 4.26% 3.96% 4.15%
% 15 year fixed mortgage 5.20% 6.57% 6.34% 7.93% 9.21% 12.16% 13.21% 11.69% 13.85%
avg mortgage rate 5.74% 3.71% 2.40% 2.96% 3.77% 4.01% 3.47% 3.22% 3.37%
Avg credit score 757.40 759.32 761.04 761.45 753.60 761.95 755.41 750.03 748.18
Avg LTV (loan to value) 82.32% 83.32% 83.47% 83.19% 82.84% 79.35% 80.51% 81.49% 81.05%
Avg DTI (debt to income) 37.92 36.44 34.27 34.30 35.56 35.63 34.85 34.28 33.95
% First time homebuyer 52.46% 51.09% 52.36% 54.16% 50.81% 42.82% 45.26% 47.13% 46.84%
Avg mortgage insurance % 13.90% 13.65% 13.41% 12.91% 12.46% 8.78% 9.35% 10.78% 10.07%

Source: Financial Report of the US Government

Best Mortgage Brokers around Fair Haven, New Jersey 07704

For those searching for a new home in Fair Haven, we have compiled a list of the top mortgage brokers located in and around Fair Haven, New Jersey 07704 to assist you with your search.

Name
Address
Contact

Motz Equity Group

795 River Rd

Fair Haven NJ 07704

(732) 268-7261

Able Credit Services Grou

623 River Rd

Fair Haven NJ 07704

(732) 747-6952

http://ablecreditservices.com

Zais Group

2 Bridge Ave

Red Bank NJ 07704

(732) 530-3610

http://zaisgroup.com

Wells Fargo Home Mortgage

230 Half Mile Rd

Red Bank NJ 07704

(732) 933-1133

robert.lowe2@wellsfargo.com

Fairway Independent Mortgage

125 Half Mile Rd

Red Bank NJ 07704

(732) 383-5038

customerservice@fairwaymc.com

Address

795 River Rd

Fair Haven NJ

Contact

(732) 268-7261

Address

623 River Rd

Fair Haven NJ

Contact

(732) 747-6952

http://ablecreditservices.com

Address

2 Bridge Ave

Red Bank NJ

Contact

(732) 530-3610

http://zaisgroup.com

News on Mortgages and Reverse Mortgages for Fair Haven, New Jersey 07704