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7/1 ARM Mortgage Rates in New Jersey

Updated: December 16, 2017

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

PRODUCTS RATES +/-
30 Year Fixed 4.06%
15 Year Fixed 3.21%
5/1 ARM 4.06%
Saturday, December 16, 2017

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Mortgage rates for New Jersey go down to 4.06%

Saturday, December 16, 2017

Mortgage rates for New Jersey on Lender411 for 30-year fixed-rate mortgages are at 4.06%. That dropped from 4.17% to 4.06%. The 15-year fixed rates are now at 3.21%. The 5/1 ARM mortgage for New Jersey is now at 4.06%.

7/1 ARM Mortgage Rate Explained

7/1 ARM is an adjustable rate mortgage where the interest rate on the loan remains constant for the first 7 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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