Compare Today’s Mortgage Rates for Raritan, New Jersey

Pureloan searches mortgage lenders and major banks in Raritan, New Jersey 08869 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 $14,714 or $41 / month is expected in Raritan and other areas of Somerset county.

Pureloan’s search engine explores all home mortgage options in Raritan, New Jersey 08869, 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 Raritan, New Jersey 08869

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Raritan, NJ

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Raritan, NJ 08869, 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 Raritan, NJ

Historical Mortgage Rates for Raritan, New Jersey 08869 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Raritan, New Jersey and around Somerset 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 89.74% 86.69% 86.99% 87.39% 88.65% 87.57% 88.92% 89.32%
avg mortgage rate 4.94% 4.65% 3.89% 3.93% 4.42% 4.08% 3.88% 4.12%
% 15 year fixed mortgage 8.46% 10.84% 11.41% 11.04% 9.80% 10.70% 9.65% 8.92%
avg mortgage rate 4.32% 3.86% 3.16% 3.08% 3.45% 3.18% 3.09% 3.30%
Avg credit score 761.83 761.00 761.69 757.79 754.67 754.66 751.31 752.31
Avg LTV (loan to value) 73.39% 74.66% 76.50% 77.97% 79.56% 79.81% 80.33% 80.47%
Avg DTI (debt to income) 33.78 33.47 33.14 33.64 34.37 35.17 35.58 36.03
% First time homebuyer 49.30% 43.60% 45.46% 48.16% 49.69% 51.51% 52.51% 52.09%
Avg mortgage insurance % 3.14% 4.03% 6.00% 7.90% 8.98% 9.84% 10.55% 10.12%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Raritan, New Jersey 08869

If you’re looking to buy a new home in Raritan, we have compiled a list of the leading mortgage brokers around Raritan, New Jersey 08869 to help 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

News on Mortgages and Reverse Mortgages for Raritan, New Jersey 08869