Compare Today’s Mortgage Rates in Short Hills, New Jersey 07078
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Short Hills, New Jersey 07078.
Our search engine thoroughly explores all home mortgage options in Short Hills, New Jersey 07078, 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 $31,035 in lifetime cash or $86 per month in Short Hills and other areas of Essex county.
Summary of Average Mortgages in Short Hills, New Jersey 07078
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Interactive Mortgage Rate Projections for Short Hills, New Jersey 07078
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Short Hills, NJ 07078. 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 Short Hills, New Jersey 07078 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Short Hills, New Jersey and around Essex 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 | 94.03% | 92.28% | 88.98% | 92.08% | 88.45% | 88.93% | 87.04% | 86.01% | |
avg mortgage rate | 4.15% | 4.00% | 4.15% | 4.47% | 3.99% | 3.88% | 4.65% | 4.91% | |
% 15 year fixed mortgage | 5.22% | 5.88% | 8.79% | 7.45% | 10.32% | 9.96% | 9.72% | 11.95% | |
avg mortgage rate | 3.27% | 3.24% | 3.27% | 3.48% | 3.21% | 3.31% | 3.79% | 4.35% | |
Avg credit score | 745.50 | 743.91 | 751.46 | 749.06 | 747.69 | 751.62 | 755.30 | 750.61 | |
Avg LTV (loan to value) | 83.92% | 85.13% | 83.71% | 83.21% | 81.13% | 81.84% | 78.62% | 76.85% | |
Avg DTI (debt to income) | 33.19 | 33.81 | 32.11 | 32.16 | 31.92 | 32.39 | 32.29 | 31.44 | |
% First time homebuyer | 27.61% | 25.49% | 26.64% | 26.15% | 28.26% | 23.99% | 23.89% | 34.81% | |
Avg mortgage insurance % | 15.03% | 15.97% | 15.30% | 14.29% | 11.57% | 11.16% | 7.91% | 5.32% |
Best Mortgage Brokers around Short Hills, New Jersey 07078
For those searching for a new home in Short Hills, we have compiled a list of the top mortgage brokers located in and around Short Hills, New Jersey 07078 to assist you with your search.
Peoples Funding
748 Morris Tpke
Short Hills NJ 07078
(973) 258-9800
Home Mortgage Network
518 Millburn Ave
Short Hills NJ 07078
(973) 912-0809
rollycarr@aol.com
Partnerships For People
748 Morris Tpke
Short Hills NJ 07078
(973) 467-9808
pfp@partnershipsforpeople.org
Cba Mezzaine Capital Finance
51 John F Kennedy Pkwy
Short Hills NJ 07078
(973) 467-6000
http://www.mezzcapfinance.com/
Hobart Management
758 Morris Tpke
Short Hills NJ 07078
(973) 379-1553
Address
748 Morris Tpke
Short Hills NJ
Contact
(973) 258-9800
Address
518 Millburn Ave
Short Hills NJ
Contact
(973) 912-0809
rollycarr@aol.com
Address
748 Morris Tpke
Short Hills NJ
Contact
(973) 467-9808
pfp@partnershipsforpeople.org