Current Mortgage Rates in Morristown, New Jersey

Sunday, October 12, 2008



Current Mortgage Rates*

Loan Type
Morristown Average
30-yr. fixed6.25%
30-yr. fixed jumbo7.00%
15-yr. fixed6.00%
15-yr. fixed jumbo6.62%
7/1 ARM6.38%
7/1 ARM jumbo6.50%
5/1 ARM6.12%
5/1 ARM jumbo6.25%
3/1 ARM5.88%
3/1 ARM jumbo5.75%
1-yr. ARM5.38%
1-yr. ARM jumbo5.62%
1-yr. LIBOR ARM6.12%
*Mortgage Rates Updated: 10/07/2008

Get Current Mortgage Rates
From Top Lenders

Property State
Type of Loan
Home Description
Your Credit Profile
Note: Your credit profile will not be run for this inquiry.


Current Mortgage Rates in Morristown, New Jersey

Morristown 30-yr. fixed Mortgage Rates Morristown 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.22%7.61%2.68Citibank7.00%7.14%0.25
Bank of America6.60%6.75%0.80Bank of America7.34%7.60%1.79
Wachovia6.24%6.37%0.65Wells Fargo9.31%9.38%0.26
Wells Fargo6.41%6.49%0.24Chase7.75%7.80%0.14
Chase6.31%6.39%0.08 
Morristown 15-yr. fixed Mortgage Rates Morristown 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.17%8.20%5.43Citibank6.75%6.89%0.00
Bank of America6.21%6.46%0.88Bank of America7.22%7.62%1.64
Wachovia5.73%6.00%0.81Wells Fargo7.98%8.10%0.41
Wells Fargo6.16%6.29%0.33Chase6.50%6.59%0.00
Chase6.31%6.44%0.07 
Morristown 7/1 ARM Mortgage Rates Morristown 7/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.50%7.21%0.25Citibank7.00%7.46%0.00
Bank of America6.47%6.44%1.23Bank of America6.88%7.36%0.48
Wachovia5.79%5.84%0.59Wells Fargo8.45%7.48%0.29
Wells Fargo7.32%6.86%0.18Chase7.62%7.39%0.31
Chase6.84%6.42%0.04 
Morristown 5/1 ARM Mortgage Rates Morristown 5/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.38%7.29%0.12Citibank6.88%7.47%0.00
Bank of America6.52%6.18%0.89Bank of America8.14%6.63%1.05
Wells Fargo7.06%6.59%0.23Wells Fargo7.81%6.84%0.32
Chase6.79%6.27%0.03Chase7.76%6.66%0.00
Morristown 3/1 ARM Mortgage Rates Morristown 3/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.62%7.51%0.00Citibank7.00%7.62%0.00
Bank of America6.13%6.19%0.93Bank of America6.88%7.60%0.08
Wachovia5.55%5.62%0.48Wells Fargo6.75%7.52%0.12
Wells Fargo6.38%7.44%0.12Chase6.75%7.41%0.00
Chase6.75%7.37%0.00 
Morristown 1-yr. ARM Mortgage Rates Morristown 1-yr. ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.76%0.00Citibank7.00%7.90%0.00
Bank of America7.42%6.20%1.53Wells Fargo7.25%7.74%0.12
Wells Fargo7.25%7.78%0.12Chase7.12%7.62%0.00
Chase6.12%7.53%0.12 

Banks in Morristown, New Jersey

Midlantic National Bank/west, 161 Madison Avenue, Morristown New Jersey 7960
Morris Savings Bank, 21 South Street, Morristown New Jersey 7960
The Chase Manhattan Bank, 225 South Street, Morristown New Jersey 7114

Mortgage Statistics for Morristown, New Jersey

  Morristown New Jersey USA
Population:
Population - The population of Morristown, NJ
 43,409 8,413,990 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Morristown mortgage.
 34,581 6,102,477 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Morristown mortgage.
 4,493 1,137,013 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Morristown mortgage.
 5,935 1,111,892 34,671,551
HouseHolds:
HouseHolds - The total number of households in Morristown, NJ, where you might buy a home.
 16,767 3,310,197 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Morristown, where you might apply for a Morristown mortgage.
 2 2 2
Average House Value:
Average House Value - The average house value in Morristown, NJ
 $322,000 $179,635 $132,188
Income per Household:
Income per Household - The household income where you might compare Morristown mortgage interest rates.
 $81,621 $57,662 $43,800

Popular Cities in New Jersey