Compare Today’s Refinance Rates for East Orange, New Jersey 07018
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in East Orange, New Jersey 07018.
With a 30-year amortization refinance in East Orange and surrounding areas of Essex county, our calculations show that you can expect to save up to $28,765 over the lifetime of your mortgage, or a monthly savings of $80. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for East Orange, New Jersey 07018.
Summary of Average Refinances in East Orange, New Jersey 07018
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Interactive Refinance Rate Projections for East Orange, New Jersey 07018
Pureloan has developed an interactive chart to monitor the five largest local lenders in East Orange, NJ 07018, 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 East Orange, New Jersey 07018 from 2024 - 2016
The following historical data provides insights into refinancing trends in East Orange, New Jersey and the surrounding Essex 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 East Orange, New Jersey 07018
If you are considering refinancing your mortgage or obtaining a cash-out refinance in East Orange, New Jersey 07018, we have compiled a list of top refinance brokers to assist you in the process.
Layla Perdomo
Mortgage Banker
725 River Rd Ste 49
Edgewater, NJ 07018
(120) 196-9214
layla.perdomo@chase.com
Scott Lee
Mortgage Banker
188 Main St
Fort Lee, NJ 07018
(120) 197-8801
scott.h.lee@chase.com
Carlos
Mortgage Loan Officer
211 Ridge Rd
North Arlington, NJ 07018
(201) 955-0045
carlos@crosstatemortgage.com
Rob
Mortgage Consultant
125 Bathurst Ave
North Arlington, NJ 07018
(201) 998-9050
rob@keypointmortgage.com
Baret Kechian
Branch Manager
1099 Wall St W Ste 137
Lyndhurst, NJ 07018
(201) 796-6441
baret.kechian@guaranteedrate.com
Address
725 River Rd Ste 49
Edgewater, NJ
Contact
(120) 196-9214
Fax (301) 639-0804
layla.perdomo@chase.com
Address
188 Main St
Fort Lee, NJ
Contact
(120) 197-8801
Fax (301) 639-0804
scott.h.lee@chase.com
Address
211 Ridge Rd
North Arlington, NJ
Contact
(201) 955-0045
Fax (301) 639-0804
carlos@crosstatemortgage.com