New Jersey Mortage Rates

New Jersey Mortage Rates

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New Jersey Mortage Rates

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New Jersey Mortage Rates as of 08/27/08

PRODUCT	RATE		CHANGE
30 Year Fixed	5.94%		0.00%
15 Year Fixed	5.54%		-0.01%
30 Year Fixed Jumbo	6.52%		-0.02%
15 Year Fixed Jumbo	6.24%		0.01%
5 Year Balloon	6.63%		0.00%
7 Year Balloon	7.03%		0.00%
1/1 ARM	5.41%		-0.01%
3/1 ARM	5.36%		-0.04%
5/1 ARM	5.61%		-0.05%
1/1 Jumbo ARM	5.81%		-0.01%
3/1 Jumbo ARM	5.88%		-0.05%
5/1 Jumbo ARM	6.07%		0.02%
FHA 30 Year Fixed	5.81%		-0.01%
FHA 1 Yr ARM	5.54%		-0.08%
VA 30 Year Fixed	5.79%		0.00%

Before applying for mortage loans or mortage refinance, you should always remember that New Jersey state mortage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest mortage rates for New Jersey state before applying for a new mortgage or refinancing your current mortage. Above you will find today's mortage rates for the most popular mortage products available in New Jersey state. These rates are based on more than 200 New Jersey state mortage companies poll for their mortage products and offers and are updated daily. These mortage rates, as well as the list of New Jersey mortage companies with their current mortage offerings, should give you a good starting point for your mortage related search.

Mortage industry news

• Mortgage Rates Top 8% as seen by US Homeowners Turks.US - U.S. homeowners observe mortgage rates have the potential to rise above 8% in the next year. However, they are not worried that higher rates and a slowing housing market will hurt the value (full story)	Short and sweet: Buyers should be wary of longer mortgages Saskatoon Star Phoenix - VANCOUVER -- Innovative new mortgage packages are making owning a home easier, at least in theory. But in practice, financial institutions are taking a cautious approach to wh (full story)
The Week Ahead Olympian news services The Week Ahead Olympian - WASHINGTON - Treasury bill auction, 11 a.m. WASHINGTON - Federal Reserve reports on consumer credit for April, 12 p.m. WASHINGTON - Former Federal Reserve Chairman Alan Greenspan testifies (full story)	Wrap- around contract explained Everett Herald - We are looking at buying a home for sale by the owner, and they are offering to sell to us with such a contract. J.M., Duvall Answer: Frankly, I would not advise doing a private contr (full story)

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8/27/2008 6:50 PM