Compare Today’s Refinance Rates for Skillman, New Jersey 08558
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Skillman, New Jersey 08558.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $19,837 over the lifetime of your mortgage, which translates to a monthly savings of $55 in Skillman and other areas of Somerset county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Skillman, New Jersey 08558
Become a certified mortgage expert on Pureloan.com
in Skillman, New Jersey 08558
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Skillman, New Jersey 08558
Pureloan has developed an interactive chart to monitor the five largest local lenders in Skillman, NJ 08558, 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 Skillman, New Jersey 08558 from 2024 - 2016
The following historical data provides insights into refinancing trends in Skillman, New Jersey and the surrounding Somerset 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 | 100.00% | 64.21% | 69.36% | 67.52% | 68.00% | 55.32% | 67.21% | 67.78% | 64.06% |
| avg refi rate | 6.64% | 3.81% | 3.01% | 3.32% | 4.18% | 4.72% | 4.26% | 3.95% | 4.12% |
| % 15 year fixed refinance | 18.95% | 19.36% | 21.23% | 19.00% | 29.79% | 27.87% | 24.44% | 26.56% | |
| avg refi rate | 2.92% | 2.50% | 2.87% | 3.61% | 3.89% | 3.51% | 3.28% | 3.51% | |
| Avg credit score | 722.71 | 744.57 | 755.38 | 761.19 | 756.62 | 733.21 | 752.44 | 759.40 | 768.34 |
| Avg LTV (loan to value) | 60.36% | 58.69% | 62.66% | 67.09% | 68.74% | 70.85% | 70.08% | 69.52% | 68.00% |
| Avg DTI (debt to income) | 38.36 | 34.27 | 32.97 | 32.42 | 33.90 | 33.57 | 34.15 | 34.11 | 31.81 |
| Avg refinance insurance % | 0.86% | 0.57% | 1.25% | 2.31% | 3.13% | 3.51% | 2.21% | 3.54% | 3.80% |
Best Refinance Brokers around Skillman, New Jersey 08558
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Skillman, New Jersey 08558, we have compiled a list of top refinance brokers to assist you in the process.
Patti Miller
Loan Officer
3499 Canyon De Flores, Suite E
Sierra Vista, AZ 08558
(520) 459-1161
pmiller@sunstreetmortgage.com
Paxton Buglewicz
Loan Officer
3499 Canyon De Flores, Suite E
Sierra Vista, AZ 08558
(520) 547-2400
pbuglewicz@sunstreetmortgage.com
Steve Forino
Loan Officer
349 New Brunswick Ave
Hamilton, NJ 08558
(732) 616-7882
Steve.Forino@pnc.com
Robert Hewitt
Loan Officer
349 New Brunswick Ave
Hamilton, NJ 08558
Robert.Hewitt@pnc.com
Frank Mancino
Mortgage Loan Officer
1 Nami Ln
Trenton, NJ 08558
(609) 586-0020
fmancino@gateway-funding.com
Address
3499 Canyon De Flores, Suite E
Sierra Vista, AZ
Contact
(520) 459-1161
Fax (301) 639-0804
pmiller@sunstreetmortgage.com
Address
3499 Canyon De Flores, Suite E
Sierra Vista, AZ
Contact
(520) 547-2400
Fax (301) 639-0804
pbuglewicz@sunstreetmortgage.com
Address
349 New Brunswick Ave
Hamilton, NJ
Contact
(732) 616-7882
Fax (301) 639-0804
Steve.Forino@pnc.com