Compare Today’s Refinance Rates for Salem, New Jersey

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Salem, New Jersey 08079. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $3,130 or $9 / month in Salem and other areas of Salem county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Salem, New Jersey 08079.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Salem, New Jersey 08079

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Salem, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Salem, NJ 08079, 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 Salem, NJ

Refinance Rates for Salem, New Jersey 08079 from 2013 - 2020

Below are historical data on refinancing in Salem, New Jersey and around Salem 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 57.35% 48.52% 48.83% 55.15% 62.54% 61.90% 65.42% 59.78%
avg refi rate 4.87% 4.51% 3.92% 3.77% 4.53% 4.12% 3.88% 3.95%
% 15 year fixed refinance 29.72% 35.54% 36.44% 34.41% 28.37% 25.44% 22.65% 29.31%
avg refi rate 4.25% 3.82% 3.28% 3.01% 3.57% 3.31% 3.14% 3.22%
Avg credit score 767.64 770.96 771.54 766.95 752.22 754.18 753.31 749.82
Avg LTV (loan to value) 65.29% 66.13% 67.43% 68.71% 72.46% 71.33% 68.61% 65.88%
Avg DTI (debt to income) 31.35 30.83 30.55 30.63 33.59 33.41 33.73 34.73
Avg refinance insurance % 1.48% 1.82% 2.26% 3.36% 4.44% 3.70% 2.93% 2.57%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Salem, New Jersey 08079

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Salem, New Jersey 08079, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Anthony Pacifico

Mortgage Loan Officer

508 Hurffville Crosskeys Rd

Sewell, NJ 08079

(856) 218-1700

apacifico@gateway-funding.com

Andy Craig

Closing Supervisor

137 Egg Harbor Rd Ste A2

Sewell, NJ 08079

(856) 466-8878

ACraig@gateway-funding.com

Amber Robinson

Mortgage Planner

137 Egg Harbor Rd Ste A2

Sewell, NJ 08079

(856) 401-9090

arobinson@gateway-funding.com

Jennifer Worley

Closing Supervisor

137 Egg Harbor Rd Ste A2

Sewell, NJ 08079

(856) 401-9090

jworley@gateway-funding.com

Lora Gess

Loan Officer

301 Greentree Rd

Sewell, NJ 08079

(856) 589-6600

Lora.Gess@gcfbank.com

Address

508 Hurffville Crosskeys Rd

Sewell, NJ

Contact

(856) 218-1700

Fax (301) 639-0804

apacifico@gateway-funding.com

Address

137 Egg Harbor Rd Ste A2

Sewell, NJ

Contact

(856) 466-8878

Fax (301) 639-0804

ACraig@gateway-funding.com

Address

137 Egg Harbor Rd Ste A2

Sewell, NJ

Contact

(856) 401-9090

Fax (301) 639-0804

arobinson@gateway-funding.com

Refinancing News for Salem, New Jersey 08079