Compare Today’s Refinance Rates for Allentown, New Jersey 08501
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Allentown, New Jersey 08501.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,625 over the lifetime of your mortgage, which translates to a monthly savings of $10 in Allentown and other areas of Monmouth county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Allentown, New Jersey 08501
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Interactive Refinance Rate Projections for Allentown, New Jersey 08501
Pureloan has developed an interactive chart to monitor the five largest local lenders in Allentown, NJ 08501, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Allentown, New Jersey 08501 from 2024 - 2016
The following historical data provides insights into refinancing trends in Allentown, New Jersey and the surrounding Monmouth county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 87.30% | 69.38% | 72.97% | 70.16% | 73.56% | 69.80% | 63.38% | 65.23% | 60.55% |
avg refi rate | 6.68% | 3.56% | 2.97% | 3.25% | 4.12% | 4.65% | 4.19% | 3.94% | 4.12% |
% 15 year fixed refinance | 4.76% | 19.09% | 17.00% | 18.71% | 15.65% | 21.33% | 27.22% | 25.50% | 29.22% |
avg refi rate | 5.87% | 2.76% | 2.43% | 2.77% | 3.57% | 3.97% | 3.41% | 3.18% | 3.36% |
Avg credit score | 738.89 | 744.77 | 754.20 | 759.02 | 752.42 | 741.88 | 745.78 | 753.08 | 757.15 |
Avg LTV (loan to value) | 62.92% | 53.65% | 62.06% | 67.63% | 71.66% | 67.92% | 69.22% | 70.03% | 68.95% |
Avg DTI (debt to income) | 34.13 | 33.43 | 32.03 | 31.40 | 33.24 | 34.45 | 34.28 | 31.90 | 31.33 |
Avg refinance insurance % | 1.56% | 0.51% | 1.39% | 2.74% | 4.86% | 3.34% | 3.57% | 3.90% | 3.33% |
Best Refinance Brokers around Allentown, New Jersey 08501
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Allentown, New Jersey 08501, we have compiled a list of top refinance brokers to assist you in the process.
Patti Miller
Loan Officer
3499 Canyon De Flores, Suite E
Sierra Vista, AZ 08501
(520) 459-1161
pmiller@sunstreetmortgage.com
Paxton Buglewicz
Loan Officer
3499 Canyon De Flores, Suite E
Sierra Vista, AZ 08501
(520) 547-2400
pbuglewicz@sunstreetmortgage.com
Glenn Davis
Branch Manager
24 Arnett Ave Ste 105
Lambertville, NJ 08501
(609) 397-2616
glenn@guaranteedrate.com
Ben Marino
Vice President of Mortgage Lending
24 Arnett Ave Ste 105
Lambertville, NJ 08501
(609) 397-2616
ben.marino@guaranteedrate.com
Michael Schultz
Mortgage Banker
16 Nassau St
Princeton, NJ 08501
(160) 968-3607
michael.a.schultz@chase.com
Address
3499 Canyon De Flores, Suite E
Sierra Vista, AZ
Contact
(520) 459-1161
Fax (301) 639-0804
pmiller@sunstreetmortgage.com
Address
3499 Canyon De Flores, Suite E
Sierra Vista, AZ
Contact
(520) 547-2400
Fax (301) 639-0804
pbuglewicz@sunstreetmortgage.com
Address
24 Arnett Ave Ste 105
Lambertville, NJ
Contact
(609) 397-2616
Fax (301) 639-0804
glenn@guaranteedrate.com