Compare Today’s Refinance Rates for Edgewater, New Jersey 07020

Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Edgewater, New Jersey 07020.

Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Edgewater, New Jersey 07020. For 30-year amortization refinancing, you can expect lifetime cash savings of $26,267 or $73 per month in Edgewater and other parts of Bergen county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

40.831654 -73.973821 2520

Summary of Average Refinances in Edgewater, New Jersey 07020

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Edgewater, New Jersey 07020

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Edgewater, NJ 07020, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in Edgewater, New Jersey 07020

Edgewater is a borough located along the Hudson River in Bergen County, in the U.S. state of New Jersey. Read more

Edgewater is a borough located along the Hudson River in Bergen County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 14,336, an increase of 2,823 from the 2010 census count of 11,513, which in turn reflected an increase of 3,836 from the 7,677 counted in the 2000 censusThe borough's history has featured the founding of the first colony in Bergen County, contribution to the Revolutionary War, a period as a "sleepy, pastoral little town" with resort hotels in the 19th century, industrialization in the early 20th century, and a transition to a rapidly growing residential community in the late 20th century.Edgewater was incorporated as a municipality on December 7, 1894, from portions of Ridgefield Township as the Borough of Undercliff, based on the results of a referendum that passed two days earlier. The borough was formed during the "Boroughitis" phenomenon then sweeping through Bergen County, in which 26 boroughs were formed in the county in 1894 alone. The borough's name was changed to Edgewater on November 8, 1899. The borough was named for its location on the Hudson River. Read less

Historical Refinance Rates in Edgewater, New Jersey 07020 from 2024 - 2016

The following historical data provides insights into refinancing trends in Edgewater, 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 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%

Source: Financial Report of the US Government

Best Refinance Brokers around Edgewater, New Jersey 07020

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Edgewater, New Jersey 07020, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Layla Perdomo

Mortgage Banker

725 River Rd Ste 49

Edgewater, NJ 07020

(120) 196-9214

layla.perdomo@chase.com

Scott Lee

Mortgage Banker

188 Main St

Fort Lee, NJ 07020

(120) 197-8801

scott.h.lee@chase.com

Carlos

Mortgage Loan Officer

211 Ridge Rd

North Arlington, NJ 07020

(201) 955-0045

carlos@crosstatemortgage.com

Rob

Mortgage Consultant

125 Bathurst Ave

North Arlington, NJ 07020

(201) 998-9050

rob@keypointmortgage.com

Baret Kechian

Branch Manager

1099 Wall St W Ste 137

Lyndhurst, NJ 07020

(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

Refinancing News for Edgewater, New Jersey 07020