Compare Today’s Refinance Rates for Monmouth Junction, New Jersey 08852
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Monmouth Junction, New Jersey 08852.
With a 30-year amortization refinance in Monmouth Junction and surrounding areas of Middlesex county, our calculations show that you can expect to save up to $42,955 over the lifetime of your mortgage, or a monthly savings of $119. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Monmouth Junction, New Jersey 08852.
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Summary of Average Refinances in Monmouth Junction, New Jersey 08852
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Monmouth Junction, New Jersey 08852
Pureloan has developed an interactive chart to monitor the five largest local lenders in Monmouth Junction, NJ 08852, 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 Monmouth Junction, New Jersey 08852 from 2024 - 2016
The following historical data provides insights into refinancing trends in Monmouth Junction, New Jersey and the surrounding Middlesex 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 | 75.00% | 64.81% | 58.71% | 46.83% | 62.96% | 62.07% | 47.73% | 64.00% | 53.85% |
| avg refi rate | 6.79% | 3.71% | 3.00% | 3.38% | 4.36% | 4.70% | 4.43% | 4.05% | 4.09% |
| % 15 year fixed refinance | 16.67% | 28.86% | 37.30% | 18.52% | 34.48% | 45.45% | 32.00% | 28.21% | |
| avg refi rate | 2.72% | 2.43% | 2.89% | 3.97% | 4.00% | 3.52% | 3.35% | 3.36% | |
| Avg credit score | 740.00 | 742.93 | 759.04 | 763.79 | 759.15 | 745.38 | 744.41 | 747.20 | 762.05 |
| Avg LTV (loan to value) | 70.75% | 63.81% | 65.53% | 67.56% | 62.78% | 66.21% | 66.00% | 70.62% | 68.72% |
| Avg DTI (debt to income) | 38.00 | 34.20 | 32.67 | 33.22 | 36.70 | 34.79 | 34.95 | 32.74 | 28.46 |
| Avg refinance insurance % | 3.00% | 1.81% | 2.10% | 2.56% | 2.04% | 2.52% | 2.09% | 4.78% | 3.46% |
Best Refinance Brokers around Monmouth Junction, New Jersey 08852
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Monmouth Junction, New Jersey 08852, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Steven Gonzalez
Mortgage Banker
4180 US Route 1 N Bldg 300
South Brunswick, NJ 08852
(90) 859-5143
steven.gonzalez@chase.com
Arty Quackenbush
Mortgage Banker
20 Bushnell Rd
Old Bridge, NJ 08852
(173) 267-9440
arty.quackenbush@chase.com
T Zorn
Mortgage Loan Officer
1254 State Route 27 Ste 5
North Brunswick, NJ 08852
(732) 846-4646
tzorn@arkmortgage.com
Dwain Drinkard
Mortgage Banker
1550 US Highway 130
North Brunswick, NJ 08852
(173) 231-6519
dwain.j.drinkard@chase.com
Address
4180 US Route 1 N Bldg 300
South Brunswick, NJ
Contact
(90) 859-5143
Fax (301) 639-0804
steven.gonzalez@chase.com
Address
20 Bushnell Rd
Old Bridge, NJ
Contact
(173) 267-9440
Fax (301) 639-0804
arty.quackenbush@chase.com
Address
1254 State Route 27 Ste 5
North Brunswick, NJ
Contact
(732) 846-4646
Fax (301) 639-0804
tzorn@arkmortgage.com