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5/1 ARM Mortgage Rates in New Jersey

Updated: March 23, 2019

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Displaying rates for Mortgage Refinance in NJ for $200,000

4.716%

APR
5 Year ARM
3.375% Rate $884/mo
  • Updated March 23, 2019
  • $0 down payment option for Veterans
  • Veterans get cash up to 100% of the value of the home
  • A+ rating with the Better Business Bureau
PRODUCTS RATES +/-
30 Year Fixed 4.03%
15 Year Fixed 3.67%
5/1 ARM 4.17%
Saturday, March 23, 2019

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Mortgage rates for New Jersey go up to 4.03%

Saturday, March 23, 2019

Mortgage rates for New Jersey on Lender411 for 30-year fixed-rate mortgages are at 4.03%. That increased from 4.02% to 4.03%. The 15-year fixed rates are now at 3.67%. The 5/1 ARM mortgage for New Jersey is now at 4.17%.

5/1 ARM Mortgage Rate Explained

5/1 ARM is an adjustable rate mortgage where the interest rate on the loan and hence the payment of the loan stays the same during the first 5 years. After that the rate will change based on its "margin" and "index" . Above you will find 5/1 ARM refinance rates for national and local lenders in New Jersey. 

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