Compare Ocean County Mortgage Rates and Save! 

New Jersey Mortgage Rates 07/09/2008

Loan Type Today +/- This week
30 Yr Fixed 5.97% 0.12
15 Yr Fixed 5.61% 0.09
3/1 ARM 5.38% 0.10
5/1 ARM 5.42% 0.10
30 Yr Fixed Jumbo 7.05% 0.45

Rates may contain points

Conforming

For loan amounts up to $417,000 (APR based on $400,000)

Jumbo

For loan amounts over $417,000 (APR based on $500,000)

Interest Only (Conforming)

Interest only for first few years then adjustable for remaining term on loan amounts up to $417,000 (APR based on $400,000)

Interest Only (Non-Conforming)

Interest only for first few years then adjustable for remaining term on loan amounts over $417,000 (APR based on $500,000)

VA

Loans for Veterans up to $417,000 (APR based on $200,000)

FHA

Loan limits vary by state (APR based on $150,000)

Credit Challenged Sub Prime

Bad Credit? Turned down? (APR based on $200,000)

Second Mortgage

Home equity loans. (APR based on $50,000)

Reduced Documentation Loans

Often used for self employed or others in lieu of tax returns and other income documentation. (APR based on $200,000)

Mortgage Calculator

Mortgage Stories

Perfect Timing for Refinancing?

Making a living as a stockbroker is hardly a walk in the park. To help their clients make successful investments... »

Hedge Your Bets in a Challenging Mortgage Environment

The mortgage market is in turmoil, and lenders are hyper-vigilant. In such a cautious climate, borrowers need to have... »

Refinance to Safety

Adjustable-rate mortgages (ARMs) used to be the apple of a homeowner's eye. With their low teaser rates, ARMs... »

Be Trendy: Expand Entertainment Area with a Home Equity Loan

Forget the old patio set and hammock-the traditional backyard is getting a makeover. Trendy homeowners are now... »

More Mortgage stories »