Compare Today’s Refinance Rates for Springfield, New Jersey

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Springfield, New Jersey 07081. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Springfield and other areas of Union county, expected lifetime cash savings are $7,818 or $22 / month.

For Springfield, New Jersey 07081, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Springfield, New Jersey 07081

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Springfield, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Springfield, NJ 07081, 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 Springfield, NJ

Refinance Rates for Springfield, New Jersey 07081 from 2013 - 2020

Below are historical data on refinancing in Springfield, New Jersey and around Union 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 58.21% 57.32% 46.80% 52.61% 68.20% 58.08% 57.74% 59.88%
avg refi rate 4.82% 4.57% 3.91% 3.76% 4.48% 4.08% 3.95% 4.10%
% 15 year fixed refinance 29.01% 30.27% 37.19% 37.15% 19.82% 26.46% 30.13% 29.01%
avg refi rate 4.19% 3.77% 3.25% 3.03% 3.73% 3.28% 3.15% 3.26%
Avg credit score 749.90 742.88 753.81 750.86 743.34 746.59 738.95 742.22
Avg LTV (loan to value) 68.99% 70.87% 70.08% 71.91% 74.77% 75.81% 74.12% 75.10%
Avg DTI (debt to income) 30.48 30.12 28.93 29.68 31.69 31.56 32.03 33.20
Avg refinance insurance % 2.94% 3.76% 3.52% 5.12% 6.27% 7.23% 6.89% 6.60%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Springfield, New Jersey 07081

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Springfield, New Jersey 07081, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Jill Cerulli

Loan Processor

140 Mountain Ave Ste 102

Springfield, NJ 07081

(973) 921-0220

jill@villanovagroup.com

Jerel Zarra

Mortgage Consultant

110 Hillside Ave Ste 300

Springfield, NJ 07081

(973) 218-0400

jzarra@renaissancelenders.com

Michael Graziano

Mortgage Loan Officer

275 US Highway 22 Ste 5

Springfield, NJ 07081

(973) 218-9090

mgraziaro@ptmcorp.net

Jennifer Alessio

Loan Officer

207 Morris Avenue

Springfield,�, NJ 07081

(973) 568-7781

jalessio@myinvestorsbank.com

N. Parikh

Loan Officer

906 Oak Tree Ave Ste Q

South Plainfield, NJ 07081

(908) 769-5151

nparikh@kwikmtg.com

Address

140 Mountain Ave Ste 102

Springfield, NJ

Contact

(973) 921-0220

Fax (301) 639-0804

jill@villanovagroup.com

Address

110 Hillside Ave Ste 300

Springfield, NJ

Contact

(973) 218-0400

Fax (301) 639-0804

jzarra@renaissancelenders.com

Address

275 US Highway 22 Ste 5

Springfield, NJ

Contact

(973) 218-9090

Fax (301) 639-0804

mgraziaro@ptmcorp.net

Refinancing News for Springfield, New Jersey 07081