Compare Today’s Mortgage Rates in Plainfield, New Jersey 07060
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Plainfield, New Jersey 07060.
Our search engine thoroughly explores all home mortgage options in Plainfield, New Jersey 07060, 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 $16,200 in lifetime cash or $45 per month in Plainfield and other areas of Union county.
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Summary of Average Mortgages in Plainfield, New Jersey 07060
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Plainfield, New Jersey 07060
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Plainfield, NJ 07060. 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 Plainfield, New Jersey 07060 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Plainfield, New Jersey and around Union 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 | 94.44% | 91.69% | 92.96% | 89.97% | 86.84% | 87.70% | 88.73% | 89.19% | 86.96% |
avg mortgage rate | 6.63% | 4.54% | 3.05% | 3.60% | 4.58% | 4.71% | 4.26% | 3.95% | 4.20% |
% 15 year fixed mortgage | 4.17% | 7.14% | 4.94% | 7.12% | 8.50% | 10.36% | 9.30% | 7.81% | 9.13% |
avg mortgage rate | 6.08% | 3.68% | 2.39% | 3.02% | 3.93% | 4.15% | 3.59% | 3.06% | 3.40% |
Avg credit score | 753.93 | 749.23 | 776.93 | 752.41 | 746.16 | 777.49 | 747.07 | 743.98 | 741.93 |
Avg LTV (loan to value) | 81.54% | 83.44% | 84.50% | 85.40% | 84.79% | 82.61% | 82.11% | 82.39% | 84.40% |
Avg DTI (debt to income) | 35.41 | 34.77 | 32.92 | 32.76 | 33.89 | 34.25 | 32.45 | 32.53 | 32.19 |
% First time homebuyer | 23.61% | 35.38% | 30.84% | 36.68% | 39.47% | 32.36% | 29.30% | 28.23% | 31.30% |
Avg mortgage insurance % | 13.33% | 14.95% | 15.56% | 16.65% | 15.97% | 13.43% | 12.61% | 13.33% | 14.64% |
Best Mortgage Brokers around Plainfield, New Jersey 07060
For those searching for a new home in Plainfield, we have compiled a list of the top mortgage brokers located in and around Plainfield, New Jersey 07060 to assist you with your search.
Name
Address
Contact
Capital Solutions Consultant Firm
841 Dixie Ln
Plainfield NJ 07060
(908) 462-1166
World Commercial Corporation
861 South Ave
Plainfield NJ 07060
(908) 755-1771
Note One Funding
314 Watson Ave
Plainfield NJ 07060
(908) 226-5520
Eastern American Mortgage Co.
400 Park Ave
Plainfield NJ 07060
(908) 756-5100
http://www.americanlawnsprinkler.net/
Investors Mutual
210 Church St
Plainfield NJ 07060
(908) 757-2212
heard_will@aol.com
Address
841 Dixie Ln
Plainfield NJ
Contact
(908) 462-1166
Address
861 South Ave
Plainfield NJ
Contact
(908) 755-1771
Address
314 Watson Ave
Plainfield NJ
Contact
(908) 226-5520