Compare Today’s Refinance Rates for Farmingdale, New Jersey 07727
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Farmingdale, New Jersey 07727.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Farmingdale, New Jersey 07727. For 30-year amortization refinancing, you can expect lifetime cash savings of $13,437 or $37 per month in Farmingdale and other parts of Monmouth county.
Summary of Average Refinances in Farmingdale, New Jersey 07727
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Interactive Refinance Rate Projections for Farmingdale, New Jersey 07727
Pureloan has developed an interactive chart to monitor the five largest local lenders in Farmingdale, NJ 07727, 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 Farmingdale, New Jersey 07727 from 2024 - 2016
The following historical data provides insights into refinancing trends in Farmingdale, New Jersey and the surrounding Monmouth 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 | 87.78% | 50.74% | 51.97% | 53.39% | 57.61% | 50.54% | 39.75% | 39.25% | 38.55% |
avg refi rate | 6.64% | 3.72% | 2.95% | 3.24% | 4.41% | 4.88% | 4.29% | 4.01% | 4.13% |
% 15 year fixed refinance | 8.89% | 32.87% | 32.88% | 33.12% | 29.90% | 39.49% | 49.17% | 48.13% | 47.82% |
avg refi rate | 5.27% | 2.79% | 2.43% | 2.77% | 3.68% | 4.00% | 3.46% | 3.26% | 3.41% |
Avg credit score | 734.20 | 740.60 | 758.13 | 763.64 | 747.20 | 731.26 | 738.14 | 744.00 | 745.30 |
Avg LTV (loan to value) | 68.38% | 61.79% | 65.63% | 68.31% | 67.82% | 66.30% | 64.35% | 65.45% | 65.93% |
Avg DTI (debt to income) | 38.44 | 34.65 | 31.81 | 30.96 | 34.34 | 35.95 | 34.34 | 33.13 | 32.70 |
Avg refinance insurance % | 1.69% | 1.11% | 2.65% | 3.26% | 3.81% | 2.05% | 1.49% | 1.70% | 1.45% |
Best Refinance Brokers around Farmingdale, New Jersey 07727
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Farmingdale, New Jersey 07727, we have compiled a list of top refinance brokers to assist you in the process.
S Kaliff
Mortgage Loan Officer
5114 State Route 33
Farmingdale, NJ 07727
(732) 292-3133
skaliff@advisorsmortgage.com
Chuck Lero
Senior Mortgage Consultant
PO Box 2417
Farmingdale, NJ 07727
(732) 996-1629
clero@tworiverbank.com
Debra Gleason
Senior Mortgage Consultant
PO Box 2417
Farmingdale, NJ 07727
(732) 939-8861
dgleason@tworiverbank.com
Chris Tamayo
Senior Mortgage Consultant
PO Box 2417
Farmingdale, NJ 07727
(732) 216-6672
ctamayo@tworiverbank.com
Sean Clark
Vice President
5114 Route 33
Wall, NJ 07727
(732) 292-3133
sclark@advisorsmortgage.com
Address
5114 State Route 33
Farmingdale, NJ
Contact
(732) 292-3133
Fax (301) 639-0804
skaliff@advisorsmortgage.com
Address
PO Box 2417
Farmingdale, NJ
Contact
(732) 996-1629
Fax (301) 639-0804
clero@tworiverbank.com
Address
PO Box 2417
Farmingdale, NJ
Contact
(732) 939-8861
Fax (301) 639-0804
dgleason@tworiverbank.com