Compare Today’s Refinance Rates for Phillipsburg, New Jersey 08865
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Phillipsburg, New Jersey 08865.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $15,338 over the lifetime of your mortgage, which translates to a monthly savings of $43 in Phillipsburg and other areas of Warren 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.
Summary of Average Refinances in Phillipsburg, New Jersey 08865
Become a certified mortgage expert on Pureloan.com
in Phillipsburg, New Jersey 08865
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Phillipsburg, New Jersey 08865
Pureloan has developed an interactive chart to monitor the five largest local lenders in Phillipsburg, NJ 08865, 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 Phillipsburg, New Jersey 08865 from 2024 - 2016
The following historical data provides insights into refinancing trends in Phillipsburg, New Jersey and the surrounding Warren 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 Phillipsburg, New Jersey 08865
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Phillipsburg, New Jersey 08865, we have compiled a list of top refinance brokers to assist you in the process.
Rholi Baugh
Loan Lender
838 Easton Ave
Somerset, NJ 08865
(732) 448-0753
rholibaugh@alliedmg.com
Erik Yeager
Mortgage Banker
3166 US Highway 22
Somerville, NJ 08865
(160) 927-5672
erik.yeager@chase.com
ROBERT PALAZZI
Loan Officer
92 E Main St
Somerville, NJ 08865
(908) 575-4420
robert.a.palazzi@wellsfargo.com
EDWIN CLAPP
Loan Officer
92 E Main St
Somerville, NJ 08865
(908) 575-4420
griffin.clapp@wellsfargo.com
MILDRED DUZANSON-BAPTISTE
Loan Officer
92 E Main St
Somerville, NJ 08865
(908) 575-4420
mildred.baptiste@wellsfargo.com
Address
838 Easton Ave
Somerset, NJ
Contact
(732) 448-0753
Fax (301) 639-0804
rholibaugh@alliedmg.com
Address
3166 US Highway 22
Somerville, NJ
Contact
(160) 927-5672
Fax (301) 639-0804
erik.yeager@chase.com
Address
92 E Main St
Somerville, NJ
Contact
(908) 575-4420
Fax (301) 639-0804
robert.a.palazzi@wellsfargo.com