Compare New Jersey’s Mortgage Rates | Thursday, February 5, 2026
Rates are current as of February 5, 2026 12:53 AM EST
APR 5.97%
0.01% 1wAPR 5.56%
0.14% 1wAPR 6.10%
-0.26% 1w
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The Nerdy headline
Simplist is an online marketplace of mortgage lenders; human guidance is optional. You’ll make payments to a loan servicer, not to Simplist. Loans are not available in every state.
Home loans overall
NerdWallet rating
4.5
- Loan origination process can be completed online.
- Offers government-backed FHA and VA loans.
- Offers module that compares mortgage rates among other lenders.
- Offers loans in many states and Washington, D.C., but not nationwide.
- Does not offer home equity loans or lines of credit.
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The Nerdy headline
Midwest-rooted Central Bank offers an online application, which you can track via mobile app. But you’ll have to contact the bank for mortgage rates.
Home loans overall
NerdWallet rating
4.0
- Among the best when it comes to online convenience.
- Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
- Claims to offer preapproval within 24 hours of loan application.
- You'll have to complete a loan application to see mortgage interest rates.
- Bank branch locations limited to the Midwest.
- Does not offer home equity lines of credit.
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The Nerdy headline
First Federal Bank stands out for its exceptionally low interest rates and its emphasis on government loans. Most likely to appeal to borrowers shopping for low rates and fees.
Home loans overall
NerdWallet rating5.0
- Strong experience in FHA and VA lending.
- Average mortgage rates are on the low side, according to the latest federal data.
- Minimum credit score requirement of 580 for some loans, which is lower than some competitors.
- No mobile app.
- Home equity lending is not a priority.
- Does not offer renovation loans, but does offer construction loans.
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The Nerdy headline
Home loans overall
NerdWallet rating
4.5
- Offers a variety of mortgage options, including jumbo loans, and FHA and VA loans.
- Offers home equity loans and lines of credit.
- Displays customized rates, with fee estimates, without requiring contact information.
- Doesn’t offer mortgages in all 50 states.
- Home renovation loans are not available.
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The Nerdy headline
New American Funding offers a large menu of loan products, as well as programs like first-time home buyer assistance, but personalized mortgage rates aren't available on its website.
Home loans overall
NerdWallet rating4.5
- Offers a wide variety of purchase and refinance mortgages, as well as unique buyer assistance programs.
- Its home equity line of credit can be used for a primary residence or second home.
- Average origination fees are on the high side, according to the latest federal data.
- Personalized mortgage rates are not available on the website without providing contact information.
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The Nerdy headline
Home loans overall
NerdWallet rating
5.0
- Offers an online application and loan process updates.
- Offers mortgages for investment properties.
- Makes it easy to browse current rates and get a customized mortgage rate quote.
- Does not offer FHA or VA government-backed loans.
- No renovation mortgage options.
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Home loans overall
NerdWallet rating
3.5
- Sample rates for conventional, VA and FHA loans available online.
- Mortgage calculator helps borrowers estimate monthly payments.
- Allows document uploading and electronic signatures.
- Does not offer adjustable, jumbo, home equity, home-improvement or USDA loans.
- Does not allow borrowers to track the loan process online.
- Must contact the lender for customized rates.
About these rates: The lenders whose rates appear on this table are NerdWallet's advertising partners. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a lender's site. The terms advertised here are not offers and do not bind any lender. The rates shown here are retrieved via the Mortech rate engine and are subject to change. These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner's assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners.
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New Jersey’s average 5.97%
New Jersey’s average mortgage rates today
| Product | Interest rate | APR |
|---|---|---|
| 30-year Fixed | 5.96% | 5.97% |
| 30-year Fixed FHA | 5.75% | 6.57% |
| 30-year Fixed VA | 5.53% | 5.80% |
| 20-year Fixed | 5.97% | 5.98% |
| 15-year Fixed | 5.55% | 5.56% |
| 10-year Fixed | 5.42% | 5.43% |
| 3-year ARM | 8.13% | 7.44% |
| 5-year ARM | 5.52% | 6.10% |
| 7-year ARM | 5.96% | 6.24% |
| 10-year ARM | 5.96% | 5.97% |
Accurate as of 02/04/2026.
Data source: ©Zillow, Inc. 2025. Use is subject to the Terms of Use
Today's mortgage rates in New Jersey | Thursday, February 5, 2026
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