Compare Today’s Refinance Rates for Plainfield, New Jersey 07060
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Plainfield, New Jersey 07060.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Plainfield, New Jersey 07060. For 30-year amortization refinancing, you can expect lifetime cash savings of $21,939 or $61 per month in Plainfield and other parts of Union county.
Summary of Average Refinances in Plainfield, New Jersey 07060
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Interactive Refinance Rate Projections for Plainfield, New Jersey 07060
Pureloan has developed an interactive chart to monitor the five largest local lenders in Plainfield, NJ 07060, 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 Plainfield, New Jersey 07060 from 2024 - 2016
The following historical data provides insights into refinancing trends in Plainfield, New Jersey and the surrounding Union 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 | 84.21% | 60.14% | 53.09% | 59.15% | 70.65% | 79.56% | 66.46% | 60.93% | 62.28% |
avg refi rate | 6.48% | 4.01% | 3.00% | 3.45% | 4.38% | 4.52% | 4.17% | 3.88% | 4.18% |
% 15 year fixed refinance | 10.53% | 21.96% | 26.05% | 24.47% | 16.85% | 16.06% | 29.19% | 27.91% | 25.44% |
avg refi rate | 5.74% | 2.94% | 2.44% | 2.86% | 3.68% | 4.00% | 3.38% | 3.29% | 3.47% |
Avg credit score | 743.79 | 744.41 | 752.31 | 754.22 | 738.59 | 734.46 | 734.53 | 737.39 | 733.40 |
Avg LTV (loan to value) | 70.08% | 71.22% | 70.93% | 74.35% | 70.68% | 71.58% | 72.07% | 72.88% | 72.87% |
Avg DTI (debt to income) | 35.03 | 32.49 | 30.58 | 31.03 | 31.61 | 34.26 | 32.11 | 32.31 | 31.96 |
Avg refinance insurance % | 8.61% | 5.03% | 4.54% | 6.82% | 5.07% | 4.98% | 4.30% | 5.94% | 5.88% |
Best Refinance Brokers around Plainfield, New Jersey 07060
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Plainfield, New Jersey 07060, we have compiled a list of top refinance brokers to assist you in the process.
Arthur Guglielmo
Mortgage Loan Officer
100 Walnut Ave Ste 101
Clark, NJ 07060
(732) 381-2900
arthur.guglielmo@pncmortgage.com
Nancy Wang
Mortgage Loan Officer
100 Walnut Ave Ste 101
Clark, NJ 07060
(732) 381-2900
lianxia.wang@pncmortgage.com
Richard Buontempo
Mortgage Loan Officer
100 Walnut Ave Ste 101
Clark, NJ 07060
(732) 381-2900
richard.buontempo@pncmortgage.com
Neil Grote
Branch Manager
67 Walnut Ave Ste 107
Clark, NJ 07060
(973) 939-8663
neil.grote@guaranteedrate.com
Lisa Mathews
Vice President of Mortgage Lending
67 Walnut Ave Ste 107
Clark, NJ 07060
(973) 939-8663
lisa.mathews@guaranteedrate.com
Address
100 Walnut Ave Ste 101
Clark, NJ
Contact
(732) 381-2900
Fax (301) 639-0804
arthur.guglielmo@pncmortgage.com
Address
100 Walnut Ave Ste 101
Clark, NJ
Contact
(732) 381-2900
Fax (301) 639-0804
lianxia.wang@pncmortgage.com
Address
100 Walnut Ave Ste 101
Clark, NJ
Contact
(732) 381-2900
Fax (301) 639-0804
richard.buontempo@pncmortgage.com