Current Mortgage Rates in Morristown, New Jersey
Saturday, July 04, 2009
Current Mortgage Rates*
Loan Type Morristown Average |
|
| 30-yr. fixed | 5.25% |
| 30-yr. fixed jumbo | 6.25% |
| 15-yr. fixed | 4.88% |
| 15-yr. fixed jumbo | 5.38% |
| 7/1 ARM | 5.25% |
| 7/1 ARM jumbo | 5.75% |
| 5/1 ARM | 4.62% |
| 5/1 ARM jumbo | 4.75% |
| 3/1 ARM | 4.50% |
| 3/1 ARM jumbo | 5.00% |
| 1-yr. ARM | 3.88% |
| 1-yr. ARM jumbo | 4.00% |
*Mortgage Rates Updated: 07/03/2009
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Current Mortgage Rates in Morristown, New Jersey
| Morristown 30-yr. fixed Mortgage Rates | Morristown 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.97% | 6.19% | 1.55 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.36% | 6.53% | 1.03 | Bank of America | 7.21% | 7.48% | 1.85 |
| Wachovia | 5.46% | 5.57% | 0.50 | Wells Fargo | 7.47% | 7.59% | 0.93 |
| Wells Fargo | 5.24% | 5.36% | 0.94 | Chase | 7.04% | 7.20% | 1.07 |
| Chase | 5.35% | 5.51% | 1.04 | ||||
| Morristown 15-yr. fixed Mortgage Rates | Morristown 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.51% | 5.90% | 1.93 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 5.82% | 6.12% | 1.13 | Bank of America | 7.20% | 7.61% | 1.71 |
| Wachovia | 5.24% | 5.48% | 0.65 | Wells Fargo | 7.87% | 8.04% | 0.79 |
| Wells Fargo | 5.13% | 5.33% | 0.87 | Chase | 7.27% | 7.53% | 1.07 |
| Chase | 5.09% | 5.36% | 0.99 | ||||
| Morristown 7/1 ARM Mortgage Rates | Morristown 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.95% | 5.34% | 1.08 | Citibank | 9.84% | 6.43% | 1.98 |
| Bank of America | 6.68% | 6.14% | 1.42 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.52% | 5.54% | 0.34 | Wells Fargo | 7.40% | 6.35% | 0.87 |
| Wells Fargo | 5.71% | 5.40% | 0.95 | Chase | 7.22% | 5.68% | 1.04 |
| Chase | 5.99% | 5.31% | 1.01 | ||||
| Morristown 5/1 ARM Mortgage Rates | Morristown 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.73% | 5.17% | 1.06 | Citibank | 9.81% | 5.91% | 1.98 |
| Bank of America | 6.41% | 5.91% | 1.18 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 5.27% | 5.22% | 0.97 | Wells Fargo | 5.99% | 5.41% | 0.95 |
| Chase | 5.48% | 5.04% | 1.01 | Chase | 6.24% | 5.23% | 1.01 |
| Morristown 3/1 ARM Mortgage Rates | Morristown 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.65% | 5.07% | 1.04 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.51% | 5.78% | 1.27 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.25% | 5.27% | 0.45 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 5.93% | 5.27% | 0.99 | Chase | 6.49% | 5.02% | 1.02 |
| Chase | 5.29% | 4.85% | 1.03 | ||||
| Morristown 1-yr. ARM Mortgage Rates | Morristown 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.79% | 4.97% | 1.93 | Citibank | 7.00% | 7.90% | 0.00 |
| Bank of America | 7.42% | 6.20% | 1.53 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 6.07% | 4.80% | 1.02 |
| Chase | 5.12% | 4.77% | 1.00 | ||||
| Morristown 10-yr. fixed Mortgage Rates | Morristown 10/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wachovia | 5.22% | 5.54% | 0.59 | Wachovia | 5.35% | 5.35% | 0.49 |
Banks in Morristown, New Jersey
Midlantic National Bank/west, 161 Madison Avenue, Morristown New Jersey 7960Morris 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 |