Compare Today’s Refinance Rates for Pennington, New Jersey 08534
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Pennington, New Jersey 08534.
With a 30-year amortization refinance in Pennington and surrounding areas of Mercer county, our calculations show that you can expect to save up to $13,782 over the lifetime of your mortgage, or a monthly savings of $38. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Pennington, New Jersey 08534.
Summary of Average Refinances in Pennington, New Jersey 08534
Become a certified mortgage expert on Pureloan.com
in Pennington, New Jersey 08534
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Pennington, New Jersey 08534
Pureloan has developed an interactive chart to monitor the five largest local lenders in Pennington, NJ 08534, 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 Pennington, New Jersey 08534 from 2024 - 2016
The following historical data provides insights into refinancing trends in Pennington, New Jersey and the surrounding Mercer 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 | 91.67% | 69.40% | 73.42% | 71.80% | 73.26% | 67.55% | 64.72% | 63.16% | 62.76% |
avg refi rate | 6.48% | 3.52% | 2.97% | 3.27% | 4.12% | 4.62% | 4.20% | 3.97% | 4.14% |
% 15 year fixed refinance | 5.56% | 17.34% | 15.94% | 16.87% | 15.36% | 20.59% | 25.91% | 26.82% | 27.44% |
avg refi rate | 5.66% | 2.79% | 2.44% | 2.79% | 3.58% | 3.95% | 3.37% | 3.19% | 3.39% |
Avg credit score | 736.69 | 739.16 | 749.27 | 752.52 | 746.99 | 743.06 | 744.42 | 750.54 | 755.33 |
Avg LTV (loan to value) | 60.36% | 53.89% | 62.85% | 68.54% | 72.07% | 68.23% | 70.98% | 70.57% | 69.58% |
Avg DTI (debt to income) | 40.31 | 35.39 | 33.20 | 33.07 | 34.69 | 35.04 | 34.47 | 33.05 | 32.43 |
Avg refinance insurance % | 3.63% | 0.45% | 1.27% | 2.96% | 4.92% | 3.24% | 4.13% | 3.70% | 3.91% |
Best Refinance Brokers around Pennington, New Jersey 08534
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Pennington, New Jersey 08534, we have compiled a list of top refinance brokers to assist you in the process.
Glenn Davis
Branch Manager
24 Arnett Ave Ste 105
Lambertville, NJ 08534
(609) 397-2616
glenn@guaranteedrate.com
Ben Marino
Vice President of Mortgage Lending
24 Arnett Ave Ste 105
Lambertville, NJ 08534
(609) 397-2616
ben.marino@guaranteedrate.com
Ryan Spreen
Branch Manager
60 Wilson Street
Lambertville, NJ 08534
(404) 424-2273
ryanspreen@gmail.com
Glenn Davis
Branch Manager/loan Officer
24 Arnett Ave #117
Lambertville, NJ 08534
(609) 922-9826
gdavis@benchmark.us
Patti Miller
Loan Officer
3499 Canyon De Flores, Suite E
Sierra Vista, AZ 08534
(520) 459-1161
pmiller@sunstreetmortgage.com
Address
24 Arnett Ave Ste 105
Lambertville, NJ
Contact
(609) 397-2616
Fax (301) 639-0804
glenn@guaranteedrate.com
Address
24 Arnett Ave Ste 105
Lambertville, NJ
Contact
(609) 397-2616
Fax (301) 639-0804
ben.marino@guaranteedrate.com
Address
60 Wilson Street
Lambertville, NJ
Contact
(404) 424-2273
Fax (301) 639-0804
ryanspreen@gmail.com