New Hyde Park, New York (NY) Mortgage Brokers
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  Below you will find a list of mortgage resources for New Hyde Park, New York. This list will help find mortage brokers in New Hyde Park, NY to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the New Hyde Park, NY area. 

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Somerset Mortgage Bankers
Direct Mortgage Lender - Flexible Requirements, Purchase, Refinance, Debt Consolidation, Home Improvement, Lines of Credit
Robert Hagins  -   (P)516-620-2574   (F)877-762-3294   
2001 Marcus Ave Suite 288-West - New Hyde Park, New York 11042
www.smbloans.com


   
 

 
Important Websites for New Hyde Park, New York
 National Association of Mortgage Brokers
 Mortgage Bankers Association
 NATIONAL  AVERAGES CURRENT CHANGE
30 Yr Fixed 5.97% -0.07%
15 Yr Fixed 5.74% 0.01%
1 Yr ARM 5.18% -0.11%
Fed Prime 4.00% -0.50%
30 Yr Tres 3.48% -0.03%
 
Important Information for the New Hyde Park, New York Area
County: Nassau   Elevation: N/A ft   Timezone: EST
Latittude: 40.735   Longitude: -73.68833
How many people live in New Hyde Park (Population)? 9,523
How many homes are in New Hyde Park (Housing Units)? 3,353
What is the Population Per Square Mile? 11,282
How many Housing Units Per Square Mile? 3,972
How big is New Hyde Park, NY(Total Area)? 1 Sq M
How much water is in New Hyde Park (Water Area)? 0 Sq M
How much land is in New Hyde Park (Land Area)? 1 Sq M
  **Informational Purposes Only - If you find incorrect information please email us.
 
 
  Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.
  		 
 
   
 
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