Compare Today’s Refinance Rates for Demarest, New Jersey 07627
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Demarest, New Jersey 07627.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $24,864 over the lifetime of your mortgage, which translates to a monthly savings of $69 in Demarest and other areas of Bergen 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 Demarest, New Jersey 07627
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Interactive Refinance Rate Projections for Demarest, New Jersey 07627
Pureloan has developed an interactive chart to monitor the five largest local lenders in Demarest, NJ 07627, 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 Demarest, New Jersey 07627 from 2024 - 2016
The following historical data provides insights into refinancing trends in Demarest, New Jersey and the surrounding Bergen 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 | 90.28% | 65.85% | 64.07% | 64.16% | 61.94% | 64.23% | 54.48% | 50.98% | 47.28% |
avg refi rate | 6.30% | 3.67% | 2.94% | 3.24% | 4.12% | 4.62% | 4.19% | 3.92% | 4.13% |
% 15 year fixed refinance | 6.94% | 20.51% | 22.21% | 23.15% | 25.03% | 26.63% | 36.04% | 36.23% | 38.68% |
avg refi rate | 5.80% | 2.72% | 2.40% | 2.80% | 3.55% | 3.93% | 3.38% | 3.20% | 3.39% |
Avg credit score | 749.32 | 750.63 | 754.47 | 760.30 | 749.98 | 737.57 | 741.76 | 745.70 | 747.29 |
Avg LTV (loan to value) | 59.94% | 60.39% | 67.06% | 70.19% | 69.92% | 64.40% | 66.67% | 69.57% | 71.27% |
Avg DTI (debt to income) | 37.04 | 35.85 | 33.17 | 32.87 | 35.15 | 35.50 | 35.01 | 33.56 | 32.40 |
Avg refinance insurance % | 2.63% | 0.74% | 2.75% | 4.37% | 4.94% | 1.66% | 2.51% | 2.74% | 2.48% |
Best Refinance Brokers around Demarest, New Jersey 07627
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Demarest, New Jersey 07627, we have compiled a list of top refinance brokers to assist you in the process.
Jacqueline Wisner
Mortgage Loan Officer
228 Grand Ave.
Englewood, NJ 07627
(704) 386-5972
jacqueline.wisner@bankofamerica.com
Carol McGivney
Operations Manager
25 E Spring Valley Ave Ste 205
Maywood, NJ 07627
(201) 368-3140
carol@classicllc.com
Daniel Shlufman
Managing Director
25 E Spring Valley Ave Ste 205
Maywood, NJ 07627
(201) 368-3140
dshlufman@classicllc.com
Richard Yuran
Mortgage Loan Originator
25 E Spring Valley Ave Ste 205
Maywood, NJ 07627
(201) 368-3140
ryuran@classicllc.com
Daryle Pellegrino
Mortgage Loan Originator
25 E Spring Valley Ave Ste 205
Maywood, NJ 07627
(201) 368-3140
daryle@classicllc.com
Address
228 Grand Ave.
Englewood, NJ
Contact
(704) 386-5972
Fax (301) 639-0804
jacqueline.wisner@bankofamerica.com
Address
25 E Spring Valley Ave Ste 205
Maywood, NJ
Contact
(201) 368-3140
Fax (301) 639-0804
carol@classicllc.com
Address
25 E Spring Valley Ave Ste 205
Maywood, NJ
Contact
(201) 368-3140
Fax (301) 639-0804
dshlufman@classicllc.com