Current Mortgage Rates in New Jersey

Friday, July 04, 2008



Current Mortgage Rates*

Loan Type
New Jersey Average
30-yr. fixed6.38%
30-yr. fixed jumbo6.75%
15-yr. fixed6.00%
15-yr. fixed jumbo6.38%
7/1 ARM6.00%
7/1 ARM jumbo6.25%
5/1 ARM5.75%
5/1 ARM jumbo6.25%
3/1 ARM5.75%
3/1 ARM jumbo6.12%
1-yr. ARM5.75%
1-yr. ARM jumbo5.88%
1-yr. LIBOR ARM5.50%
*Mortgage Rates Updated: 07/03/2008

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 New Jersey

New Jersey 30-yr. fixed Mortgage Rates New Jersey 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.44%7.86%3.08Citibank7.00%7.14%0.25
Bank of America6.62%6.78%0.95Bank of America7.00%7.10%0.08
Wachovia6.25%6.37%0.63Wells Fargo7.12%7.19%0.12
Wells Fargo6.75%6.99%0.25Chase6.88%6.94%0.25
Chase6.75%6.84%0.25 
New Jersey 15-yr. fixed Mortgage Rates New Jersey 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.11%8.03%4.87Citibank6.75%6.89%0.00
Bank of America6.14%6.39%0.97Bank of America7.25%7.39%0.00
Wachovia5.75%6.00%0.75Wells Fargo7.50%7.64%0.49
Wells Fargo6.20%6.33%0.30Chase6.50%6.59%0.00
Chase6.38%6.48%0.12 
New Jersey 7/1 ARM Mortgage Rates New Jersey 7/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.50%7.21%0.25Citibank7.00%7.46%0.00
Bank of America6.62%7.29%0.03Bank of America6.88%7.36%0.48
Wachovia5.40%5.49%0.89Wells Fargo6.62%7.22%0.38
Wells Fargo6.50%7.27%0.25Chase6.62%7.15%0.12
Chase6.62%7.11%0.00 
New Jersey 5/1 ARM Mortgage Rates New Jersey 5/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.38%7.29%0.12Citibank6.88%7.47%0.00
Bank of America6.26%5.94%0.98Bank of America8.14%6.63%1.05
Wells Fargo6.38%7.27%0.38Wells Fargo6.38%7.24%0.25
Chase6.50%7.18%0.00Chase6.75%7.32%0.00
New Jersey 3/1 ARM Mortgage Rates New Jersey 3/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.62%7.51%0.00Citibank7.00%7.62%0.00
Bank of America6.50%7.54%0.17Bank of America6.88%7.60%0.08
Wachovia5.40%5.47%0.44Wells Fargo6.75%7.52%0.12
Wells Fargo6.38%7.44%0.12Chase6.75%7.41%0.00
Chase6.75%7.37%0.00 
New Jersey 1-yr. ARM Mortgage Rates New Jersey 1-yr. ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.76%0.00Citibank7.00%7.90%0.00
Bank of America6.88%7.66%0.04Wells Fargo7.25%7.74%0.12
Wells Fargo7.25%7.78%0.12Chase7.12%7.62%0.00
Chase6.12%7.53%0.12 

Current Mortgage Rates by City

Index: A->D   D->H   H->M   M->R   R->W   W->W   
   

Mortgage Statistics for New Jersey

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