Compare Today’s Mortgage Rates in Franklin Lakes, New Jersey 07417
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Franklin Lakes, New Jersey 07417.
Our search engine thoroughly explores all home mortgage options in Franklin Lakes, New Jersey 07417, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $41,380 in lifetime cash or $115 per month in Franklin Lakes and other areas of Bergen county.
41.008095
-74.211347
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Summary of Average Mortgages in Franklin Lakes, New Jersey 07417
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Franklin Lakes, New Jersey 07417
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Franklin Lakes, NJ 07417. 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 Franklin Lakes, New Jersey 07417 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Franklin Lakes, New Jersey and around Bergen 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 | 95.09% | 93.11% | 90.84% | 89.70% | 90.76% | 86.44% | 85.09% | 87.00% | 83.27% |
avg mortgage rate | 6.51% | 4.63% | 3.05% | 3.36% | 4.42% | 4.69% | 4.17% | 3.89% | 4.07% |
% 15 year fixed mortgage | 4.32% | 5.17% | 7.36% | 8.33% | 7.35% | 10.68% | 11.36% | 10.43% | 13.59% |
avg mortgage rate | 5.56% | 3.86% | 2.50% | 2.89% | 3.76% | 4.08% | 3.47% | 3.09% | 3.29% |
Avg credit score | 750.96 | 752.10 | 753.79 | 755.23 | 751.50 | 756.16 | 755.90 | 749.80 | 751.75 |
Avg LTV (loan to value) | 80.61% | 82.08% | 83.80% | 84.95% | 84.75% | 81.54% | 82.68% | 83.54% | 82.58% |
Avg DTI (debt to income) | 36.54 | 35.08 | 33.52 | 33.47 | 34.00 | 33.15 | 33.10 | 31.88 | 30.88 |
% First time homebuyer | 33.18% | 31.56% | 29.08% | 33.12% | 31.82% | 21.44% | 19.48% | 18.62% | 24.52% |
Avg mortgage insurance % | 12.79% | 13.79% | 14.51% | 16.08% | 15.29% | 12.35% | 12.84% | 13.91% | 13.44% |
Best Mortgage Brokers around Franklin Lakes, New Jersey 07417
For those searching for a new home in Franklin Lakes, we have compiled a list of the top mortgage brokers located in and around Franklin Lakes, New Jersey 07417 to assist you with your search.
Name
Address
Contact
Yas
983 Scioto Dr
Franklin Lakes NJ 07417
(201) 848-8510
Allied Home Mortgage Capital
799 Franklin Ave
Franklin Lakes NJ 07417
(201) 430-9777
rltt@alliedmtgcapital.com
Southern Jewels Property Company
699 Orchard Ln
Franklin Lakes NJ 07417
(201) 280-9419
One Mortgage Par Plus
897 McBride Ave
Woodland Park NJ 07417
(973) 256-1048
First Mutual Corporation
102 E Main St
Little Falls NJ 07417
(973) 237-9582
Address
983 Scioto Dr
Franklin Lakes NJ
Contact
(201) 848-8510
Address
799 Franklin Ave
Franklin Lakes NJ
Contact
(201) 430-9777
rltt@alliedmtgcapital.com
Address
699 Orchard Ln
Franklin Lakes NJ
Contact
(201) 280-9419