Compare Today’s Refinance Rates for Pompton Lakes, New Jersey 07442
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Pompton Lakes, New Jersey 07442.
With a 30-year amortization refinance in Pompton Lakes and surrounding areas of Passaic county, our calculations show that you can expect to save up to $17,654 over the lifetime of your mortgage, or a monthly savings of $49. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Pompton Lakes, New Jersey 07442.
Summary of Average Refinances in Pompton Lakes, New Jersey 07442
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Interactive Refinance Rate Projections for Pompton Lakes, New Jersey 07442
Pureloan has developed an interactive chart to monitor the five largest local lenders in Pompton Lakes, NJ 07442, 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 Pompton Lakes, New Jersey 07442 from 2024 - 2016
The following historical data provides insights into refinancing trends in Pompton Lakes, New Jersey and the surrounding Passaic 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 | 89.66% | 68.87% | 55.69% | 48.91% | 75.33% | 67.57% | 63.83% | 63.11% | 71.62% |
avg refi rate | 6.64% | 4.13% | 2.98% | 3.30% | 4.49% | 4.61% | 4.20% | 3.99% | 4.10% |
% 15 year fixed refinance | 10.34% | 21.85% | 29.86% | 33.62% | 15.33% | 16.22% | 24.47% | 30.33% | 20.27% |
avg refi rate | 5.79% | 2.99% | 2.36% | 2.70% | 3.79% | 3.84% | 3.53% | 3.16% | 3.46% |
Avg credit score | 725.03 | 740.58 | 743.69 | 750.25 | 748.17 | 743.23 | 746.50 | 743.80 | 733.20 |
Avg LTV (loan to value) | 65.28% | 66.48% | 72.15% | 73.51% | 73.67% | 74.85% | 76.63% | 74.13% | 75.07% |
Avg DTI (debt to income) | 33.21 | 33.32 | 31.88 | 32.21 | 33.28 | 33.23 | 30.97 | 31.43 | 31.15 |
Avg refinance insurance % | 4.72% | 3.07% | 4.64% | 6.02% | 8.87% | 8.74% | 8.22% | 6.52% | 6.31% |
Best Refinance Brokers around Pompton Lakes, New Jersey 07442
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Pompton Lakes, New Jersey 07442, we have compiled a list of top refinance brokers to assist you in the process.
MICHAEL CAREW
Loan Officer
875 State Rt 17
Ramsey, NJ 07442
(201) 934-4500
michael.carew@wellsfargo.com
SCOTT ANDERSON
Loan Officer
875 State Rt 17
Ramsey, NJ 07442
(201) 934-4500
scott.t.anderson@wellsfargo.com
WILLIAM OCHOA
Loan Officer
875 State Rt 17
Ramsey, NJ 07442
(201) 934-4500
william.ochoa@wellsfargo.com
ROBERT CARAVELLA
Loan Officer
875 State Rt 17
Ramsey, NJ 07442
(201) 934-4500
robert.caravella@wellsfargo.com
Liberato Lavarino
Mortgage Loan Originator
26-01 Pellack Dr
Fair Lawn, NJ 07442
(201) 398-0800
lavlp25@yahoo.com
Address
875 State Rt 17
Ramsey, NJ
Contact
(201) 934-4500
Fax (301) 639-0804
michael.carew@wellsfargo.com
Address
875 State Rt 17
Ramsey, NJ
Contact
(201) 934-4500
Fax (301) 639-0804
scott.t.anderson@wellsfargo.com
Address
875 State Rt 17
Ramsey, NJ
Contact
(201) 934-4500
Fax (301) 639-0804
william.ochoa@wellsfargo.com