Compare Today’s Refinance Rates for Clifton, New Jersey 07012
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Clifton, New Jersey 07012.
With a 30-year amortization refinance in Clifton and surrounding areas of Passaic county, our calculations show that you can expect to save up to $23,167 over the lifetime of your mortgage, or a monthly savings of $64. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Clifton, New Jersey 07012.
Summary of Average Refinances in Clifton, New Jersey 07012
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Interactive Refinance Rate Projections for Clifton, New Jersey 07012
Pureloan has developed an interactive chart to monitor the five largest local lenders in Clifton, NJ 07012, 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 Clifton, New Jersey 07012 from 2024 - 2016
The following historical data provides insights into refinancing trends in Clifton, New Jersey and the surrounding Passaic 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 | 68.18% | 56.87% | 54.11% | 55.32% | 63.76% | 60.20% | 48.24% | 49.49% | 58.75% |
avg refi rate | 6.39% | 3.80% | 2.99% | 3.24% | 4.36% | 4.67% | 4.24% | 3.96% | 4.17% |
% 15 year fixed refinance | 9.09% | 24.03% | 28.50% | 26.94% | 21.14% | 30.85% | 39.22% | 36.55% | 31.88% |
avg refi rate | 5.50% | 2.77% | 2.47% | 2.76% | 3.71% | 3.96% | 3.45% | 3.22% | 3.40% |
Avg credit score | 750.73 | 737.88 | 755.45 | 754.98 | 739.61 | 736.52 | 740.86 | 744.83 | 750.38 |
Avg LTV (loan to value) | 64.18% | 62.77% | 66.19% | 69.57% | 71.13% | 70.63% | 68.65% | 71.24% | 70.97% |
Avg DTI (debt to income) | 34.64 | 34.04 | 32.17 | 32.01 | 33.69 | 34.12 | 35.13 | 33.92 | 33.78 |
Avg refinance insurance % | 4.18% | 1.25% | 2.33% | 3.67% | 5.46% | 4.78% | 4.07% | 4.40% | 4.43% |
Best Refinance Brokers around Clifton, New Jersey 07012
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Clifton, New Jersey 07012, we have compiled a list of top refinance brokers to assist you in the process.
JOHN SALAZAR
Loan Officer
251 Clifton Ave
Clifton, NJ 07012
(973) 340-2207
John.Salazar@wellsfargo.com
Chris Brower
Loan Officer
20 Commerce Dr Ste 340
Cranford, NJ 07012
(800) 342-6597
CBrower@jerseymortgage.com
Cathy Fernandes
Senior Loan Officer
20 Commerce Dr Ste 340
Cranford, NJ 07012
(908) 276-2442
CFernandes@jerseymortgage.com
Blanca Medina
Senior Loan Officer
20 Commerce Dr Ste 340
Cranford, NJ 07012
(800) 342-6597
BMedina@jerseymortgage.com
Maggie Palach
Loan Officer
20 Commerce Dr Ste 340
Cranford, NJ 07012
(800) 342-6597
MPalach@jerseymortgage.com
Address
251 Clifton Ave
Clifton, NJ
Contact
(973) 340-2207
Fax (301) 639-0804
John.Salazar@wellsfargo.com
Address
20 Commerce Dr Ste 340
Cranford, NJ
Contact
(800) 342-6597
Fax (301) 639-0804
CBrower@jerseymortgage.com
Address
20 Commerce Dr Ste 340
Cranford, NJ
Contact
(908) 276-2442
Fax (301) 639-0804
CFernandes@jerseymortgage.com