Compare Today’s Refinance Rates for New Brunswick, New Jersey 08905
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in New Brunswick, New Jersey 08905.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in New Brunswick, New Jersey 08905. For 30-year amortization refinancing, you can expect lifetime cash savings of $14,844 or $41 per month in New Brunswick and other parts of Middlesex county.
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Summary of Average Refinances in New Brunswick, New Jersey 08905
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for New Brunswick, New Jersey 08905
Pureloan has developed an interactive chart to monitor the five largest local lenders in New Brunswick, NJ 08905, 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 New Brunswick, New Jersey 08905 from 2024 - 2016
The following historical data provides insights into refinancing trends in New Brunswick, 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 | 80.95% | 67.86% | 72.39% | 72.89% | 74.93% | 62.43% | 58.56% | 61.01% | 58.92% |
avg refi rate | 6.29% | 3.45% | 2.97% | 3.25% | 4.15% | 4.61% | 4.15% | 3.96% | 4.14% |
% 15 year fixed refinance | 4.76% | 17.18% | 16.64% | 16.50% | 15.62% | 25.79% | 32.04% | 28.61% | 29.11% |
avg refi rate | 3.75% | 2.69% | 2.45% | 2.80% | 3.53% | 3.90% | 3.40% | 3.19% | 3.41% |
Avg credit score | 745.24 | 749.62 | 754.10 | 758.49 | 745.90 | 741.14 | 747.33 | 753.10 | 755.74 |
Avg LTV (loan to value) | 64.81% | 56.85% | 65.01% | 68.36% | 70.38% | 68.05% | 69.23% | 69.84% | 68.95% |
Avg DTI (debt to income) | 39.76 | 35.27 | 33.46 | 33.50 | 34.60 | 34.45 | 34.08 | 33.51 | 32.20 |
Avg refinance insurance % | 1.48% | 0.58% | 2.14% | 3.17% | 3.93% | 2.52% | 3.51% | 3.49% | 3.14% |
Best Refinance Brokers around New Brunswick, New Jersey 08905
If you are considering refinancing your mortgage or obtaining a cash-out refinance in New Brunswick, New Jersey 08905, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
T Zorn
Mortgage Loan Officer
1254 State Route 27 Ste 5
North Brunswick, NJ 08905
(732) 846-4646
tzorn@arkmortgage.com
Dwain Drinkard
Mortgage Banker
1550 US Highway 130
North Brunswick, NJ 08905
(173) 231-6519
dwain.j.drinkard@chase.com
Address
1254 State Route 27 Ste 5
North Brunswick, NJ
Contact
(732) 846-4646
Fax (301) 639-0804
tzorn@arkmortgage.com
Address
1550 US Highway 130
North Brunswick, NJ
Contact
(173) 231-6519
Fax (301) 639-0804
dwain.j.drinkard@chase.com