Compare Today’s Mortgage Rates in Passaic, New Jersey 07055
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Passaic, New Jersey 07055.
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 $78,672 over the lifetime of your 30-year fixed loan, or a monthly savings of $219 in Passaic and other areas of Passaic county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Passaic, New Jersey 07055
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Passaic, New Jersey 07055
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Passaic, NJ 07055. 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 Passaic, New Jersey 07055 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Passaic, New Jersey and around Passaic 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 | 92.59% | 90.20% | 88.27% | 91.08% | 82.97% | 83.49% | 84.56% | 90.16% | |
avg mortgage rate | 4.20% | 3.94% | 4.11% | 4.46% | 3.93% | 3.90% | 4.70% | 4.95% | |
% 15 year fixed mortgage | 7.41% | 7.49% | 9.87% | 7.61% | 13.47% | 13.97% | 11.93% | 7.62% | |
avg mortgage rate | 3.27% | 3.23% | 3.35% | 3.63% | 3.12% | 3.33% | 3.89% | 4.37% | |
Avg credit score | 746.93 | 746.85 | 748.93 | 746.79 | 753.57 | 756.40 | 754.12 | 757.52 | |
Avg LTV (loan to value) | 82.04% | 83.22% | 81.88% | 83.83% | 81.70% | 80.70% | 76.41% | 76.70% | |
Avg DTI (debt to income) | 32.91 | 32.42 | 32.13 | 31.96 | 29.55 | 30.59 | 31.18 | 31.22 | |
% First time homebuyer | 33.33% | 34.01% | 27.87% | 35.70% | 37.23% | 30.48% | 27.37% | 29.21% | |
Avg mortgage insurance % | 12.99% | 14.02% | 12.56% | 14.05% | 11.49% | 10.88% | 5.47% | 5.56% |
Best Mortgage Brokers around Passaic, New Jersey 07055
For those searching for a new home in Passaic, we have compiled a list of the top mortgage brokers located in and around Passaic, New Jersey 07055 to assist 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/