Compare Today’s Mortgage Rates in Raritan, New Jersey 08869
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Raritan, New Jersey 08869.
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 $27,170 over the lifetime of your 30-year fixed loan, or a monthly savings of $75 in Raritan and other areas of Somerset 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 Raritan, New Jersey 08869
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Raritan, New Jersey 08869
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Raritan, NJ 08869. 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 Raritan, New Jersey 08869 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Raritan, 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 | 95.08% | 90.87% | 87.30% | 88.93% | 84.85% | 82.49% | 76.80% | 84.17% | 75.76% |
avg mortgage rate | 6.67% | 4.71% | 3.08% | 3.53% | 4.61% | 4.71% | 4.26% | 4.01% | 4.10% |
% 15 year fixed mortgage | 3.28% | 7.60% | 10.48% | 9.84% | 11.62% | 15.25% | 19.20% | 14.17% | 21.97% |
avg mortgage rate | 5.56% | 4.01% | 2.42% | 2.82% | 3.76% | 4.02% | 3.47% | 3.23% | 3.33% |
Avg credit score | 745.38 | 788.40 | 759.43 | 761.89 | 758.03 | 749.38 | 757.24 | 757.14 | 761.80 |
Avg LTV (loan to value) | 76.39% | 77.91% | 79.46% | 80.49% | 79.55% | 76.41% | 77.98% | 80.20% | 77.36% |
Avg DTI (debt to income) | 34.33 | 34.95 | 32.98 | 32.92 | 33.70 | 33.68 | 31.79 | 31.63 | 30.21 |
% First time homebuyer | 22.95% | 18.63% | 20.32% | 14.34% | 17.17% | 21.47% | 10.40% | 15.00% | 15.15% |
Avg mortgage insurance % | 10.98% | 9.22% | 9.37% | 9.89% | 9.60% | 7.99% | 5.47% | 8.06% | 6.27% |
Best Mortgage Brokers around Raritan, New Jersey 08869
For those searching for a new home in Raritan, we have compiled a list of the top mortgage brokers located in and around Raritan, New Jersey 08869 to assist you with your search.
Name
Address
Contact
The Money Store
2 E Somerset St
Raritan NJ 08869
(908) 864-4889
First Growth Group
33 2nd St
Raritan NJ 08869
(908) 526-1270
firstgrwth@aol.com
Absolute Home Mortgage
1130 US Highway 202
Raritan NJ 08869
(908) 450-7607
Hobart Management
523 US Highway 202
Raritan NJ 08869
(908) 704-2147
Kfg Management
91 E Somerset St
Raritan NJ 08869
(908) 203-9994
Address
2 E Somerset St
Raritan NJ
Contact
(908) 864-4889
Address
33 2nd St
Raritan NJ
Contact
(908) 526-1270
firstgrwth@aol.com
Address
1130 US Highway 202
Raritan NJ
Contact
(908) 450-7607