Compare Today’s Refinance Rates for New Hope, Pennsylvania 18938

Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in New Hope, Pennsylvania 18938.

Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $24,390 over the lifetime of your mortgage, which translates to a monthly savings of $68 in New Hope and other areas of Bucks 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

40.355613 -74.983889 7265

Summary of Average Refinances in New Hope, Pennsylvania 18938

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for New Hope, Pennsylvania 18938

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in New Hope, PA 18938, 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 New Hope, Pennsylvania 18938

New Hope is a borough in Bucks County, Pennsylvania. The population was 2,612 at the 2020 census. New Hope is located approximately 30 mi north of Philadelphia, and lies on the west bank of the Delaware River at its confluence with Aquetong Creek. Read more

New Hope is a borough in Bucks County, Pennsylvania. The population was 2,612 at the 2020 census. New Hope is located approximately 30 mi north of Philadelphia, and lies on the west bank of the Delaware River at its confluence with Aquetong Creek. The two-lane New Hope–Lambertville Bridge carries automobile and foot traffic across the Delaware to Lambertville, New Jersey, on the east bank.

New Hope's primary industry is tourism. Read less

Historical Refinance Rates in New Hope, Pennsylvania 18938 from 2024 - 2016

The following historical data provides insights into refinancing trends in New Hope, Pennsylvania and the surrounding Bucks 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 90.00% 47.76% 49.36% 47.28% 55.19% 57.29% 42.74% 50.00% 45.37%
avg refi rate 6.53% 3.52% 2.99% 3.28% 4.17% 4.70% 4.10% 3.90% 4.11%
% 15 year fixed refinance 30.35% 28.06% 29.26% 27.92% 25.63% 36.31% 32.07% 35.42%
avg refi rate 2.76% 2.45% 2.77% 3.48% 3.82% 3.31% 3.13% 3.31%
Avg credit score 725.05 758.27 756.85 759.72 757.03 743.06 753.42 760.14 757.56
Avg LTV (loan to value) 59.05% 62.35% 67.72% 72.05% 72.62% 71.96% 74.11% 74.34% 73.33%
Avg DTI (debt to income) 42.40 33.58 32.14 32.08 33.76 35.35 33.65 33.06 32.63
Avg refinance insurance % 1.20% 0.95% 1.81% 4.27% 5.71% 4.89% 6.08% 5.88% 6.05%

Source: Financial Report of the US Government

Best Refinance Brokers around New Hope, Pennsylvania 18938

If you are considering refinancing your mortgage or obtaining a cash-out refinance in New Hope, Pennsylvania 18938, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Patrick Cleary

Loan Officer

161 Madison Ave

Newtown, NJ 18938

(973) 971-3532

Patrick.Cleary@pnc.com

John Lee

Loan Officer

451 S State St

Newtown, PA 18938

(888) 253-0799

jlee@mandtbank.com

John Welch

Loan Officer

451 S State St

Newtown, PA 18938

(888) 253-0799

jwelch@mandtbank.com

Raymond Heller

Mortgage Loan Officer

115 Pheasant Run, Suite 211

Newtown, PA 18938

(800) 464-2484

raymond.heller@prospectmtg.com

Tom Lynch

Mortgage Loan Officer

115 Pheasant Run, Suite 211

Newtown, PA 18938

(800) 464-2484

tom.lynch@prospectmtg.com

Address

161 Madison Ave

Newtown, NJ

Contact

(973) 971-3532

Fax (301) 639-0804

Patrick.Cleary@pnc.com

Address

451 S State St

Newtown, PA

Contact

(888) 253-0799

Fax (301) 639-0804

jlee@mandtbank.com

Address

451 S State St

Newtown, PA

Contact

(888) 253-0799

Fax (301) 639-0804

jwelch@mandtbank.com

Refinancing News for New Hope, Pennsylvania 18938