Compare Today’s Refinance Rates for Morristown, New Jersey

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Morristown, New Jersey 07962. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Morristown and other areas of Morris county, expected lifetime cash savings are $10,535 or $29 / month.

For Morristown, New Jersey 07962, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Morristown, New Jersey 07962

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Morristown, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Morristown, NJ 07962, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Morristown, NJ

Refinance Rates for Morristown, New Jersey 07962 from 2013 - 2020

Below are historical data on refinancing in Morristown, New Jersey and around Morris county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 53.29% 41.87% 51.91% 49.80% 50.76% 60.83% 53.97% 41.46%
avg refi rate 4.84% 4.43% 3.86% 3.64% 4.49% 4.00% 3.81% 3.90%
% 15 year fixed refinance 33.03% 39.73% 33.23% 37.96% 37.06% 26.73% 36.36% 42.68%
avg refi rate 4.28% 3.77% 3.25% 2.94% 3.51% 3.21% 3.06% 3.06%
Avg credit score 767.67 767.56 769.51 765.74 752.54 758.16 761.08 757.24
Avg LTV (loan to value) 56.90% 58.52% 59.31% 60.10% 65.06% 65.47% 64.89% 62.02%
Avg DTI (debt to income) 29.81 31.32 30.56 30.81 33.28 32.83 31.97 33.07
Avg refinance insurance % 0.50% 0.93% 0.81% 1.46% 2.16% 2.31% 1.80% 1.97%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Morristown, New Jersey 07962

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Morristown, New Jersey 07962, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Peter Traum

Mortgage Loan Officer

55 Madison Ave., Suite 400, #74

Morristown, NJ 07962

(800) 464-2484

peter.traum@prospectmtg.com

Mark Purrington

Loan Officer

161 Madison Ave

Morristown, NJ 07962

(914) 251-2493

mark.purrington@pncmortgage.com

Mark Narcisi

Loan Officer

161 Madison Ave

Morristown, NJ 07962

(914) 251-2493

mark.narcisi@pncmortgage.com

Nick Jacoski

Loan Officer

161 Madison Ave

Morristown, NJ 07962

(914) 251-2493

nicholas.jacoski@pncmortgage.com

Jack Granger

Loan Officer

161 Madison Ave

Morristown, NJ 07962

(914) 251-2493

john.grangerjr@pncmortgage.com

Address

55 Madison Ave., Suite 400, #74

Morristown, NJ

Contact

(800) 464-2484

Fax (301) 639-0804

peter.traum@prospectmtg.com

Address

161 Madison Ave

Morristown, NJ

Contact

(914) 251-2493

Fax (301) 639-0804

mark.purrington@pncmortgage.com

Address

161 Madison Ave

Morristown, NJ

Contact

(914) 251-2493

Fax (301) 639-0804

mark.narcisi@pncmortgage.com

Refinancing News for Morristown, New Jersey 07962