Bergen home equity loans - Compare mortgages by city in Bergen

Mortgage Rate Trends and Market Update

29-Aug-08

Last

Change

Best Rates 30 Year Fixed (50+ lenders)

6.62%

-0.02%

30 Year Fixed - 1 Week AVG

6.18%

-0.02%

1 Year ARM - National AVG

5.33%

0.04%

5/1 Year ARM - National AVG

6.03%

0.04%

15 Year Fixed - National AVG

5.93%

-0.07%

30 Year Fixed - National AVG This marker indicates the current chart.

6.40%

-0.07%

7 Year Fixed Rate Mortgage

5.54%

0.28%

5 Year Fixed Rate Mortgage

5.96%

-1.11%

30 Year Fixed Rate Mortgage

6.15%

-0.31%

30 Year Fixed - California 1 Week AVG

5.98%

0.04%

This marker indicates the current chart. Use links on left to view charts. Click to enlarge.

Week Month Year 3 Yrs

sources: informars.com, erate.com, Freddie Mac

NAMB, Equal Housing Opportunity, BBB Reliability Online, SSL Secure Server

Allendale	Dumont	Fort Lee	Ho Ho Kus	Moonachie	Park Ridge	Saddle River	Wood Ridge
Alpine	East Rutherford	Franklin Lakes	Leonia	New Milford	Ramsey	South Hackensack	Woodcliff Lake
Bergenfield	Edgewater	Garfield	Little Ferry	North Arlington	Ridgefield	Teaneck	Wyckoff
Bogota	Elmwood Park	Glen Rock	Lodi	Northvale	Ridgefield Park	Tenafly

Carlstadt	Emerson	Hackensack	Lyndhurst	Norwood	Ridgewood	Teterboro

Cliffside Park	Englewood	Harrington Park	Mahwah	Oakland	River Edge	Township Of Washington

Closter	Englewood Cliffs	Hasbrouck Heights	Maywood	Oradell	Rochelle Park	Waldwick

Cresskill	Fair Lawn	Haworth	Midland Park	Palisades Park	Rutherford	Wallington

Demarest	Fairview	Hillsdale	Montvale	Paramus	Saddle Brook	Westwood

Today's Mortgage Terms starting with B Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time. Bearer: The legal owner of a property. Bill of Sale: A document that details the transfer of property. Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage. Blanket Mortgage: A mortgage that includes more than one piece of real estate Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan. Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client. Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time. Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction. View all Terms

Mortgage.net - Bergen home equity loans - Compare mortgages by city in Bergen

Bankruptcy:

Bearer:

Bill of Sale:

Biweekly Mortgage:

Blanket Mortgage:

Borrower (Mortgager):

Broker:

Buy-Down Mortgage:

Buyer’s Market: