Compare Today’s Refinance Rates for Zarephath, New Jersey 08890

Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Zarephath, New Jersey 08890.

Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $16,473 over the lifetime of your mortgage, which translates to a monthly savings of $46 in Zarephath 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.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

40.539871 -74.593377 3185

Summary of Average Refinances in Zarephath, New Jersey 08890

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Zarephath, New Jersey 08890

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Zarephath, NJ 08890, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in Zarephath, New Jersey 08890

Zarephath is an unincorporated community and census-designated place and located in Franklin Township, in Somerset County, New Jersey, United States, about 15 mi north of Princeton. As of the 2020 United States census, the CDP's population was 69, an increase of 32 from the 37 enumerated at the 2010 census. Read more

Zarephath is an unincorporated community and census-designated place and located in Franklin Township, in Somerset County, New Jersey, United States, about 15 mi north of Princeton. As of the 2020 United States census, the CDP's population was 69, an increase of 32 from the 37 enumerated at the 2010 census.It was the communal home of the Pillar of Fire Church, and was the worldwide headquarters of Pillar of Fire International, which comprises the church's college, Somerset Christian College, and radio station WAWZ-FM. It is named after Zarephath, the place in the Bible where the "widow woman" sustained the prophet Elijah. Zarephath was a group of buildings located between the Delaware and Raritan Canal and the Millstone River. Following the flooding in 2011 from Hurricane Irene, the College and all Pillar of Fire ministries were ordered to move out of this floodplain. The original campus has been slated for demolition and a new campus in Somerset was established. Read less

Historical Refinance Rates in Zarephath, New Jersey 08890 from 2024 - 2016

The following historical data provides insights into refinancing trends in Zarephath, 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 75.00% 64.81% 58.71% 46.83% 62.96% 62.07% 47.73% 64.00% 53.85%
avg refi rate 6.79% 3.71% 3.00% 3.38% 4.36% 4.70% 4.43% 4.05% 4.09%
% 15 year fixed refinance 16.67% 28.86% 37.30% 18.52% 34.48% 45.45% 32.00% 28.21%
avg refi rate 2.72% 2.43% 2.89% 3.97% 4.00% 3.52% 3.35% 3.36%
Avg credit score 740.00 742.93 759.04 763.79 759.15 745.38 744.41 747.20 762.05
Avg LTV (loan to value) 70.75% 63.81% 65.53% 67.56% 62.78% 66.21% 66.00% 70.62% 68.72%
Avg DTI (debt to income) 38.00 34.20 32.67 33.22 36.70 34.79 34.95 32.74 28.46
Avg refinance insurance % 3.00% 1.81% 2.10% 2.56% 2.04% 2.52% 2.09% 4.78% 3.46%

Source: Financial Report of the US Government

Best Refinance Brokers around Zarephath, New Jersey 08890

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Zarephath, New Jersey 08890, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

T Zorn

Mortgage Loan Officer

1254 State Route 27 Ste 5

North Brunswick, NJ 08890

(732) 846-4646

tzorn@arkmortgage.com

Dwain Drinkard

Mortgage Banker

1550 US Highway 130

North Brunswick, NJ 08890

(173) 231-6519

dwain.j.drinkard@chase.com

Address

1254 State Route 27 Ste 5

North Brunswick, NJ

Contact

(732) 846-4646

Fax (301) 639-0804

tzorn@arkmortgage.com

Address

1550 US Highway 130

North Brunswick, NJ

Contact

(173) 231-6519

Fax (301) 639-0804

dwain.j.drinkard@chase.com

Refinancing News for Zarephath, New Jersey 08890