In his State of the Union Address, President Barrack Obama, made a clear call to congress to pass a bill making the HARP program more attractive to lenders, and you better believe mortgage companies in nj were listening. Mortgages in New Jersey are commonly paid with various regulated and set payments made to the principal and interest over a set term. Generally this rate and payment are fixed, but New Jersey mortgage companies are more than happy to put you into an adjustable rate what will go up and down with the market index. Mortgages in new jersey also tie in the interest rate to how much you pay per month. A lower rate equates to lower payments and many people are able to get a lower rate because of changes in the market, or an improved credit score. This means that is always good to keep your on mortgages in new jersey for any changes that may positively affect your own mortgages in New Jersey.