Compare Today’s Refinance Rates for Hackensack, New Jersey 07601

Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Hackensack, New Jersey 07601.

Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $27,240 over the lifetime of your mortgage, which translates to a monthly savings of $76 in Hackensack 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.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

40.888191 -74.050301 2696

Summary of Average Refinances in Hackensack, New Jersey 07601

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Hackensack, New Jersey 07601

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Hackensack, NJ 07601, 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 Hackensack, New Jersey 07601

The City of Hackensack is the most populous municipality and the county seat of Bergen County, in the U.S. state of New Jersey. The area was officially named New Barbadoes Township until 1921, but has informally been known as Hackensack since at least the 18th century. Read more

The City of Hackensack is the most populous municipality and the county seat of Bergen County, in the U.S. state of New Jersey. The area was officially named New Barbadoes Township until 1921, but has informally been known as Hackensack since at least the 18th century. As of the 2020 United States census, the city's population was 46,030, its highest decennial count ever and an increase of 3,020 from the 2010 census count of 43,010, which in turn reflected an increase of 333 from the 42,677 counted in the 2000 census.An inner suburb of New York City, Hackensack is located approximately 12 miles northwest of Midtown Manhattan and about 7 miles from the George Washington Bridge. From a number of locations, including portions of Prospect Avenue, the New York City skyline can be seen.The Metropolitan Campus of Fairleigh Dickinson University straddles the Hackensack River in both Hackensack and Teaneck. Hackensack is also the home of the former New Jersey Naval Museum and the World War II submarine USS Ling. Astronaut Wally Schirra is perhaps Hackensack's most famous native son.The city has diverse neighborhoods and land uses located close to one another. Within its borders are the Hackensack University Medical Center, a residential high-rise district about a mile long, suburban neighborhoods of single-family houses, stately older homes on acre-plus lots, older two-family neighborhoods, large garden apartment complexes, industrial areas, the Bergen County Jail, a tidal river, Hackensack River County Park, Borg's Woods Nature Preserve, various city parks, large office buildings, a major college campus, the Bergen County Court House, a vibrant small-city downtown district, and various small neighborhood business districts. Read less

Historical Refinance Rates in Hackensack, New Jersey 07601 from 2024 - 2016

The following historical data provides insights into refinancing trends in Hackensack, 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 90.43% 59.07% 61.01% 58.54% 61.29% 59.13% 50.55% 48.23% 43.86%
avg refi rate 6.33% 3.78% 2.97% 3.27% 4.20% 4.62% 4.20% 3.97% 4.18%
% 15 year fixed refinance 6.38% 24.76% 24.63% 28.12% 25.37% 30.20% 38.55% 38.95% 43.02%
avg refi rate 5.90% 2.79% 2.43% 2.79% 3.64% 4.01% 3.42% 3.23% 3.40%
Avg credit score 751.57 741.77 749.71 755.22 744.83 735.23 734.27 744.35 744.10
Avg LTV (loan to value) 60.00% 59.41% 65.08% 68.89% 68.78% 64.79% 66.84% 68.81% 70.48%
Avg DTI (debt to income) 38.49 35.29 33.41 33.05 34.33 35.08 34.24 33.02 32.35
Avg refinance insurance % 1.41% 0.86% 2.52% 3.97% 4.62% 2.28% 1.83% 2.27% 2.81%

Source: Financial Report of the US Government

Best Refinance Brokers around Hackensack, New Jersey 07601

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Hackensack, New Jersey 07601, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Carlos Velez

Mortgage Loan Specialist

360 Essex Street

Hackensack, NJ 07601

(614) 987-0129

Carlos.Velez@bankofamerica.com

Len Ricci

Mortgage Loan Originator

433 Hackensack Avenue

Hackensack, NJ 07601

(201) 968-3527

lricci@homebridge.com

Todd Newman

Mortgage Loan Originator

433 Hackensack Avenue

Hackensack, NJ 07601

tnewman@homebridge.com

Remmill Valenzuela

Mortgage Loan Originator

433 Hackensack Avenue

Hackensack, NJ 07601

(201) 305-5149

rvalenzuela@homebridge.com

Luis Sanchez

Mortgage Loan Originator

433 Hackensack Avenue

Hackensack, NJ 07601

lsanchez@homebridge.com

Address

360 Essex Street

Hackensack, NJ

Contact

(614) 987-0129

Fax (301) 639-0804

Carlos.Velez@bankofamerica.com

Address

433 Hackensack Avenue

Hackensack, NJ

Contact

(201) 968-3527

Fax (301) 639-0804

lricci@homebridge.com

Address

433 Hackensack Avenue

Hackensack, NJ

Contact

Fax (301) 639-0804

tnewman@homebridge.com

Refinancing News for Hackensack, New Jersey 07601

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