Compare Today’s Mortgage Rates for Passaic, New Jersey

Pureloan searches mortgage lenders and major banks in Passaic, New Jersey 07055 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 $71,182 or $198 / month is expected in Passaic and other areas of Passaic county.

Pureloan’s search engine explores all home mortgage options in Passaic, New Jersey 07055, 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 Passaic, New Jersey 07055

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Passaic, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Passaic, NJ 07055, 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 Passaic, NJ

Historical Mortgage Rates for Passaic, New Jersey 07055 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Passaic, New Jersey and around Passaic 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 90.16% 84.56% 83.49% 82.97% 91.08% 88.27% 90.20% 92.59%
avg mortgage rate 4.95% 4.70% 3.90% 3.93% 4.46% 4.11% 3.94% 4.20%
% 15 year fixed mortgage 7.62% 11.93% 13.97% 13.47% 7.61% 9.87% 7.49% 7.41%
avg mortgage rate 4.37% 3.89% 3.33% 3.12% 3.63% 3.35% 3.23% 3.27%
Avg credit score 757.52 754.12 756.40 753.57 746.79 748.93 746.85 746.93
Avg LTV (loan to value) 76.70% 76.41% 80.70% 81.70% 83.83% 81.88% 83.22% 82.04%
Avg DTI (debt to income) 31.22 31.18 30.59 29.55 31.96 32.13 32.42 32.91
% First time homebuyer 29.21% 27.37% 30.48% 37.23% 35.70% 27.87% 34.01% 33.33%
Avg mortgage insurance % 5.56% 5.47% 10.88% 11.49% 14.05% 12.56% 14.02% 12.99%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Passaic, New Jersey 07055

If you’re looking to buy a new home in Passaic, we have compiled a list of the leading mortgage brokers around Passaic, New Jersey 07055 to help you with your search.

Name
Address
Contact

Order Express

63 Market St

Passaic NJ 07055

(973) 591-0355

Premier Mortgage Funding

577 Main Ave

Passaic NJ 07055

(973) 779-9989

Allied Mortgage Capital Corporation

930 Clifton Ave

Passaic NJ 07055

(973) 614-1919

http://www.supmort.com/

Ray Carrera

198 Lexington Ave

Passaic NJ 07055

(973) 916-0411

Chand Mortgage

369 Paulison Ave

Passaic NJ 07055

(973) 594-9200

Address

63 Market St

Passaic NJ

Contact

(973) 591-0355

Address

577 Main Ave

Passaic NJ

Contact

(973) 779-9989

Address

930 Clifton Ave

Passaic NJ

Contact

(973) 614-1919

http://www.supmort.com/

News on Mortgages and Reverse Mortgages for Passaic, New Jersey 07055