Compare Today’s Mortgage Rates in Far Hills, New Jersey 07931
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Far Hills, New Jersey 07931.
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 Far Hills, New Jersey 07931. For a 30-year fixed loan, our calculations show that you can expect to save up to $95,184 over the lifetime of your mortgage, which translates to a monthly savings of $264 in Far Hills and other areas of Somerset county.
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Summary of Average Mortgages in Far Hills, New Jersey 07931
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Far Hills, New Jersey 07931
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Far Hills, NJ 07931. 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 Far Hills, New Jersey 07931 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Far Hills, New Jersey and around Somerset 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 | 89.33% | 85.05% | 88.86% | 83.11% | 80.23% | 82.02% | 80.10% | 82.32% | 80.75% |
| avg mortgage rate | 6.70% | 4.66% | 3.08% | 3.46% | 4.50% | 4.76% | 4.22% | 3.96% | 4.08% |
| % 15 year fixed mortgage | 8.00% | 12.81% | 8.73% | 14.57% | 16.35% | 15.79% | 15.82% | 15.47% | 14.29% |
| avg mortgage rate | 6.08% | 3.92% | 2.49% | 3.08% | 3.92% | 4.12% | 3.62% | 3.20% | 3.35% |
| Avg credit score | 727.29 | 743.98 | 772.04 | 743.10 | 740.31 | 734.14 | 734.10 | 735.21 | 742.11 |
| Avg LTV (loan to value) | 83.36% | 84.22% | 84.90% | 85.68% | 86.24% | 85.40% | 85.47% | 85.81% | 86.24% |
| Avg DTI (debt to income) | 35.43 | 34.59 | 33.50 | 33.37 | 34.81 | 35.03 | 35.01 | 31.62 | 30.78 |
| % First time homebuyer | 37.33% | 39.15% | 33.13% | 35.43% | 37.26% | 31.14% | 27.04% | 31.49% | 33.54% |
| Avg mortgage insurance % | 16.00% | 16.72% | 16.33% | 15.80% | 16.57% | 15.64% | 16.70% | 15.10% | 16.27% |
Best Mortgage Brokers around Far Hills, New Jersey 07931
For those searching for a new home in Far Hills, we have compiled a list of the top mortgage brokers located in and around Far Hills, New Jersey 07931 to assist you with your search.
Name
Address
Contact
Nationwide Financial
Far Hills Ctr
Far Hills NJ 07931
(908) 781-2222
http://nationwide.com/
Larson Capital
50 Hidden Valley Rd
Far Hills NJ 07931
(908) 204-0877
Customize Mrtgage
198 Mount Pleasant Ave
East Hanover NJ 07931
(862) 701-5300
Ironbound Properties
6 Deforest Ave
East Hanover NJ 07931
(973) 515-0401
Pinnacle Mortgage
383 Ridgedale Ave
East Hanover NJ 07931
(973) 887-6100
glennb@pcmcmortgage.com
Address
Far Hills Ctr
Far Hills NJ
Contact
(908) 781-2222
http://nationwide.com/
Address
50 Hidden Valley Rd
Far Hills NJ
Contact
(908) 204-0877
Address
198 Mount Pleasant Ave
East Hanover NJ
Contact
(862) 701-5300