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what is the 52 week average low rate for a 20 year refinancing

Additional details of your question here by mchier_914_733 from Burlington, New Jersey. Apr 3rd 2013 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

It depends on the loan product you inquiring about.. Others have answered 3.25%, and that is correct if you're talking about a "rate and term" refinance, where the Loan to Value (LTV) is less than 60%, 740 mid credit score, it's your primary residence and it's a single family home.. However, there are so many more scenarios that could apply, it's hard to know exactly how it would apply to your particular scenario.. for example HARP refinance rates, rate and term refinance, cash out refinance, investor or 2nd home refinance, FHA, VA, USDA, conventional... every scenario is different and they all have different rates.. if you want to know for sure, you should reach out to a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Apr 3rd 2013
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Joe Shamie (Joe Shamie)
#4 ranked lender in New Jersey - 1,412 contributions

If you are asking what lowest rate on a 20 year fixed was over the last 52 weeks, that rate was about 3.25% based on the following criteria: 740 credit, LTV < 60%, SFR, Primary Residence, impounding for taxes and insurance, NJ home, no cash out.

Apr 3rd 2013
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Sharon Duffy (sduffy)
#70 ranked lender in Pennsylvania - 595 contributions

I am a lender in New Jersey. Please give me a callSharon7th Level Mortgage732 606 6264

Apr 3rd 2013
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

It would be in the low 3's based on credit, income and loan to value and since they all factor in to the equation it makes a difference as to what you would qualify for. Rates right now are higher than they have been at the lows in the last 52 weeks.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation. Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com We are also proud Homes for Heroes affiliates!

Apr 3rd 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

About 3.25%.

Apr 3rd 2013
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

About 3.25%, I am a Direct Lender here in NJ. Call me for a free rate quote for your refinance. Peter Botros 347 231 4444, or you can email me PBotros@OmegaLoans.net

Apr 3rd 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Although the others have answered your question, what are you trying to do? Streamline or credit qualify? There are differences and then what is your credit score - 580 or 780? Then what is your Loan to Value - 20% or 97.75%, Then is it a Primary Residence or an Investment Property? Then is it a Single family, duplex, triplex, or a 4-plex? Everyone of these can - AND WILL - change your rate. You REALLY need to call a Lender411 loan officer and talk to them.

Apr 3rd 2013
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Andrew Alfonso (CashCow)
#43 ranked lender in Florida - 271 contributions

Low 3 percent range.

Apr 3rd 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

That is hard to answer... Based off what? What is your credit scores, loan-to-value, program type, state, points, no points, etc.

Apr 3rd 2013
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Peter Savino (855411LEND)
#99 ranked lender in New Jersey - 332 contributions

About 3.25% but more information is needed

Apr 3rd 2013
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James Mazzola (Mazzola)
#109 ranked lender in New Jersey - 314 contributions

For "A" credit. It has been as low as 3% and as high as 3.75%. The current rate is 3.375%. If you have any questions, please contact me: Jim 732-501-4249 or cornoil@comcast.net

Apr 3rd 2013
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