Compare Today’s Refinance Rates for Red Bank, New Jersey

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Red Bank, New Jersey 07709. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $125,047 or $347 / month in Red Bank and other areas of Monmouth county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Red Bank, New Jersey 07709.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Red Bank, New Jersey 07709

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Red Bank, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Red Bank, NJ 07709, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Red Bank, NJ

Refinance Rates for Red Bank, New Jersey 07709 from 2013 - 2020

Below are historical data on refinancing in Red Bank, New Jersey and around Monmouth county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 49.41% 39.27% 39.85% 40.29% 40.36% 44.87% 45.36% 42.97%
avg refi rate 4.89% 4.58% 3.91% 3.76% 4.51% 4.11% 3.94% 4.01%
% 15 year fixed refinance 38.42% 42.34% 44.98% 47.45% 46.60% 41.40% 41.07% 43.65%
avg refi rate 4.31% 3.84% 3.30% 3.06% 3.66% 3.38% 3.20% 3.26%
Avg credit score 759.88 760.80 764.87 760.50 742.14 748.16 748.39 742.95
Avg LTV (loan to value) 62.84% 63.02% 63.91% 64.88% 67.39% 67.25% 66.36% 64.32%
Avg DTI (debt to income) 31.03 30.73 30.82 30.33 33.30 33.30 33.61 34.18
Avg refinance insurance % 1.15% 1.17% 1.66% 2.07% 2.50% 2.30% 2.29% 1.99%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Red Bank, New Jersey 07709

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Red Bank, New Jersey 07709, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Steve Ross

Loan Originator

27 Towne Drive Suite 301

Red Bank, NJ 07709

(843) 815-2999

steve.ross@gatewayloan.com

Jack Little

Branch Manager

27 Towne Drive Suite 301

Red Bank, NJ 07709

(843) 815-2999

jack.little@gatewayloan.com

David Eccles

Loan Originator

27 Towne Drive Suite 301

Red Bank, NJ 07709

(843) 815-2999

david.eccles@gatewayloan.com

Bryan Robinovitz

Mortgage Banker

32 Broad Street

Red Bank, NJ 07709

(609) 847-0955

bryan.j.robinovitz@chase.com

Mark Zacharczyk

Vice President of Mortgage Lending

554 Highway 35 S

Red Bank, NJ 07709

(732) 784-2780

mark.zacharczyk@guaranteedrate.com

Address

27 Towne Drive Suite 301

Red Bank, NJ

Contact

(843) 815-2999

Fax (301) 639-0804

steve.ross@gatewayloan.com

Address

27 Towne Drive Suite 301

Red Bank, NJ

Contact

(843) 815-2999

Fax (301) 639-0804

jack.little@gatewayloan.com

Address

27 Towne Drive Suite 301

Red Bank, NJ

Contact

(843) 815-2999

Fax (301) 639-0804

david.eccles@gatewayloan.com

Refinancing News for Red Bank, New Jersey 07709