Compare Today’s Refinance Rates for Rockaway, New Jersey 07866
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Rockaway, New Jersey 07866.
With a 30-year amortization refinance in Rockaway and surrounding areas of Morris county, our calculations show that you can expect to save up to $9,820 over the lifetime of your mortgage, or a monthly savings of $27. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Rockaway, New Jersey 07866.
Summary of Average Refinances in Rockaway, New Jersey 07866
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Interactive Refinance Rate Projections for Rockaway, New Jersey 07866
Pureloan has developed an interactive chart to monitor the five largest local lenders in Rockaway, NJ 07866, 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 Rockaway, New Jersey 07866 from 2024 - 2016
The following historical data provides insights into refinancing trends in Rockaway, New Jersey and the surrounding Morris 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 | 94.12% | 54.46% | 55.38% | 57.16% | 60.70% | 65.86% | 51.38% | 48.71% | 46.56% |
avg refi rate | 6.43% | 3.92% | 2.95% | 3.27% | 4.28% | 4.63% | 4.17% | 3.96% | 4.15% |
% 15 year fixed refinance | 1.96% | 29.33% | 29.39% | 27.30% | 26.20% | 28.92% | 38.53% | 40.46% | 40.33% |
avg refi rate | 5.50% | 2.85% | 2.43% | 2.80% | 3.59% | 4.06% | 3.42% | 3.15% | 3.42% |
Avg credit score | 755.02 | 752.13 | 745.96 | 751.68 | 745.21 | 735.10 | 738.33 | 739.23 | 739.68 |
Avg LTV (loan to value) | 61.84% | 59.93% | 66.09% | 70.10% | 67.82% | 66.47% | 68.23% | 68.36% | 66.70% |
Avg DTI (debt to income) | 37.84 | 36.01 | 34.25 | 34.05 | 36.10 | 36.52 | 34.88 | 34.64 | 34.61 |
Avg refinance insurance % | 2.73% | 1.15% | 2.60% | 5.07% | 5.50% | 3.13% | 3.00% | 2.94% | 1.83% |
Best Refinance Brokers around Rockaway, New Jersey 07866
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Rockaway, New Jersey 07866, we have compiled a list of top refinance brokers to assist you in the process.
Jeremy Press
Mortgage Banker
27 Sparta Ave
Sparta, NJ 07866
(197) 372-9319
jeremy.press@chase.com
Sandy Stephens
Mortgage Loan Originator
1 Professional Quadrangle
Sparta, NJ 07866
sstephens@homebridge.com
Renee Turner
Loan Officer
283 Sparta Avenue
Sparta, NJ 07866
(201) 230-4123
Renee.Turner@prospectmtg.com
Chuck Reed
Mortgage Loan Originator
240 Cedar Knolls Rd Ste 303
Cedar Knolls, NJ 07866
(973) 532-8745
creed@remn.com
Frank Montufar
Mortgage Loan Originator
240 Cedar Knolls Rd Ste 303
Cedar Knolls, NJ 07866
(973) 532-8745
fmontufar@remn.com
Address
27 Sparta Ave
Sparta, NJ
Contact
(197) 372-9319
Fax (301) 639-0804
jeremy.press@chase.com
Address
1 Professional Quadrangle
Sparta, NJ
Contact
Fax (301) 639-0804
sstephens@homebridge.com
Address
283 Sparta Avenue
Sparta, NJ
Contact
(201) 230-4123
Fax (301) 639-0804
Renee.Turner@prospectmtg.com