Compare Today’s Refinance Rates for Elmwood Park, New Jersey 07407
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Elmwood Park, New Jersey 07407.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Elmwood Park, New Jersey 07407. For 30-year amortization refinancing, you can expect lifetime cash savings of $13,437 or $37 per month in Elmwood Park and other parts of Bergen county.
Summary of Average Refinances in Elmwood Park, New Jersey 07407
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Interactive Refinance Rate Projections for Elmwood Park, New Jersey 07407
Pureloan has developed an interactive chart to monitor the five largest local lenders in Elmwood Park, NJ 07407, 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 Elmwood Park, New Jersey 07407 from 2024 - 2016
The following historical data provides insights into refinancing trends in Elmwood Park, 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 | 88.68% | 62.43% | 56.73% | 53.44% | 71.67% | 66.91% | 52.48% | 62.96% | 55.48% |
avg refi rate | 6.39% | 3.81% | 2.99% | 3.25% | 4.27% | 4.61% | 4.16% | 3.92% | 4.10% |
% 15 year fixed refinance | 9.43% | 23.65% | 29.25% | 30.58% | 17.24% | 24.10% | 34.40% | 23.78% | 33.81% |
avg refi rate | 5.47% | 2.80% | 2.48% | 2.77% | 3.75% | 3.97% | 3.45% | 3.20% | 3.29% |
Avg credit score | 743.30 | 756.20 | 752.34 | 758.33 | 750.35 | 744.44 | 746.80 | 750.60 | 751.14 |
Avg LTV (loan to value) | 66.57% | 68.12% | 71.76% | 74.43% | 75.21% | 75.86% | 72.01% | 74.44% | 73.68% |
Avg DTI (debt to income) | 36.28 | 33.10 | 31.20 | 31.02 | 33.10 | 33.94 | 31.92 | 31.29 | 30.86 |
Avg refinance insurance % | 5.72% | 2.55% | 4.33% | 6.79% | 6.84% | 4.67% | 5.24% | 6.16% | 5.66% |
Best Refinance Brokers around Elmwood Park, New Jersey 07407
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Elmwood Park, New Jersey 07407, we have compiled a list of top refinance brokers to assist you in the process.
Liberato Lavarino
Mortgage Loan Originator
26-01 Pellack Dr
Fair Lawn, NJ 07407
(201) 398-0800
lavlp25@yahoo.com
William Aussenheimer
Mortgage Banker
27-02 Broadway
Fair Lawn, NJ 07407
(120) 179-6335
william.j.aussenheimer@chase.com
MICHAEL CAREW
Loan Officer
875 State Rt 17
Ramsey, NJ 07407
(201) 934-4500
michael.carew@wellsfargo.com
SCOTT ANDERSON
Loan Officer
875 State Rt 17
Ramsey, NJ 07407
(201) 934-4500
scott.t.anderson@wellsfargo.com
WILLIAM OCHOA
Loan Officer
875 State Rt 17
Ramsey, NJ 07407
(201) 934-4500
william.ochoa@wellsfargo.com
Address
26-01 Pellack Dr
Fair Lawn, NJ
Contact
(201) 398-0800
Fax (301) 639-0804
lavlp25@yahoo.com
Address
27-02 Broadway
Fair Lawn, NJ
Contact
(120) 179-6335
Fax (301) 639-0804
william.j.aussenheimer@chase.com
Address
875 State Rt 17
Ramsey, NJ
Contact
(201) 934-4500
Fax (301) 639-0804
michael.carew@wellsfargo.com