Compare Today’s Mortgage Rates in Wayne, New Jersey 07470
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Wayne, New Jersey 07470.
Our search engine thoroughly explores all home mortgage options in Wayne, New Jersey 07470, 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 $32,468 in lifetime cash or $90 per month in Wayne and other areas of Passaic county.
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Summary of Average Mortgages in Wayne, New Jersey 07470
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Wayne, New Jersey 07470
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Wayne, NJ 07470. 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 Wayne, New Jersey 07470 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Wayne, 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 | 95.09% | 93.11% | 90.84% | 89.70% | 90.76% | 86.44% | 85.09% | 87.00% | 83.27% |
| avg mortgage rate | 6.51% | 4.63% | 3.05% | 3.36% | 4.42% | 4.69% | 4.17% | 3.89% | 4.07% |
| % 15 year fixed mortgage | 4.32% | 5.17% | 7.36% | 8.33% | 7.35% | 10.68% | 11.36% | 10.43% | 13.59% |
| avg mortgage rate | 5.56% | 3.86% | 2.50% | 2.89% | 3.76% | 4.08% | 3.47% | 3.09% | 3.29% |
| Avg credit score | 750.96 | 752.10 | 753.79 | 755.23 | 751.50 | 756.16 | 755.90 | 749.80 | 751.75 |
| Avg LTV (loan to value) | 80.61% | 82.08% | 83.80% | 84.95% | 84.75% | 81.54% | 82.68% | 83.54% | 82.58% |
| Avg DTI (debt to income) | 36.54 | 35.08 | 33.52 | 33.47 | 34.00 | 33.15 | 33.10 | 31.88 | 30.88 |
| % First time homebuyer | 33.18% | 31.56% | 29.08% | 33.12% | 31.82% | 21.44% | 19.48% | 18.62% | 24.52% |
| Avg mortgage insurance % | 12.79% | 13.79% | 14.51% | 16.08% | 15.29% | 12.35% | 12.84% | 13.91% | 13.44% |
Best Mortgage Brokers around Wayne, New Jersey 07470
For those searching for a new home in Wayne, we have compiled a list of the top mortgage brokers located in and around Wayne, New Jersey 07470 to assist you with your search.
Name
Address
Contact
Administrative & Lending Offices
1445 Valley Rd
Wayne NJ 07470
(973) 305-9705
Anchor Mortgage Services
1460 Valley Rd
Wayne NJ 07470
(973) 628-5000
http://anchormort.com/
First Source Lending
1581 State Route 23
Wayne NJ 07470
(973) 706-6969
Aesthetic Factors
20 Greenup Ct
Wayne NJ 07470
(973) 956-7607
Fairfield Financial Mortgage Group
1421 Ratzer Rd
Wayne NJ 07470
(973) 942-3123
http://www.servicesmortgage.com
Address
1445 Valley Rd
Wayne NJ
Contact
(973) 305-9705
Address
1460 Valley Rd
Wayne NJ
Contact
(973) 628-5000
http://anchormort.com/
Address
1581 State Route 23
Wayne NJ
Contact
(973) 706-6969