Compare New Jersey’s Mortgage Rates | Wednesday, May 6, 2026
Rates are current as of May 6, 2026 1:20 AM EDT
APR 6.22%
0.17% 1wAPR 5.94%
0.26% 1wAPR 6.49%
-0.23% 1w
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The Nerdy headline
Tomo, established in 2020, is an online-only lender with a focus on digital efficiency and purchase loans. We’re impressed with its customizable mortgage rate tool. However, you won’t find home equity products. Mortgages are available in 41 states and counting.
Home loans overall
NerdWallet rating4.5
- Online rate tool is user-friendly and customizable.
- Accepts borrowers with credit scores below 600.
- Mortgages not available in all states.
- No renovation or home equity loans.
- No mobile app.
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The Nerdy headline
Reliant offers a wide range of mortgage products, including government-backed loans and products for self-employed borrowers, but origination fees may be on the high side. You'll get access to a comprehensive rates dashboard after completing a quote request form.
Home loans overall
NerdWallet rating
3.5
- Accepts VA loan borrowers with credit scores as low as 500.
- Offers a wide variety of loan types, including USDA, co-op, vacation home and reverse mortgages.
- Highly-rated mobile app available.
- Rate dashboard is available only after you share your contact info.
- Orgination fees are on the higher side, according to latest federal data.
- No down payment assistance programs.
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The Nerdy headline
In addition to conventional and government-backed loans, Northpointe Bank’s mortgage portfolio includes rarer offerings like doctor loans, condo loans and investment property loans. However, average fees and rates tend to be comparatively high.
Home loans overall
NerdWallet rating4.5
- Offers mortgages for investment properties.
- Reported average closing time is faster than many competitors.
- The lender's combination of rates and fees are on the high side, according to the latest data.
- Bank’s mobile app isn’t useful for mortgage borrowers.
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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
Real Genius is a smart pick for a do-it-yourself online quote. We’re impressed with its "no fine print” approach and options to sort and customize APR and fees. However, Real Genius does not have a mobile app and doesn’t currently prioritize home equity lending.
Home loans overall
NerdWallet rating4.5
- Easy and transparent online rate quote tool.
- May accept borrowers with low credit scores.
- Closes loans in an average of 30 days (faster than industry average).
- Federal data isn’t available for us to objectively compare this lender with others.
- Home equity loans and HELOCs aren’t a priority.
- Not currently lending in U.S. territories.
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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 rating4.0
- 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
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
Farmers Bank of Kansas City lets you browse rates and apply online, but branches are Kansas-only. Get discounts by using the bank’s partner real estate network.
Home loans overall
NerdWallet rating
4.5
- Displays customized rates, with fee estimates, without requiring contact information.
- Offers home equity loans and lines of credit.
- Mortgage origination fees are on the low side compared to other lenders, according to the latest federal data.
- Doesn’t offer government-backed FHA or USDA loans, or adjustable-rate mortgages.
- Home renovation loans are not available.
- Mortgage rates are on the high side compared to other lenders, according to the latest federal data.
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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.
Explore New Jersey's mortgage rate trends
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New Jersey’s average 6.22%
New Jersey’s average mortgage rates today
| Product | Interest rate | APR |
|---|---|---|
| 30-year Fixed | 6.19% | 6.22% |
| 30-year Fixed FHA | 5.75% | 6.57% |
| 30-year Fixed VA | 5.88% | 6.09% |
| 20-year Fixed | 5.95% | 5.96% |
| 15-year Fixed | 5.87% | 5.94% |
| 10-year Fixed | 5.66% | 5.70% |
| 3-year ARM | 8.13% | 7.44% |
| 5-year ARM | 6.50% | 6.49% |
| 7-year ARM | 6.25% | 6.40% |
| 10-year ARM | 6.19% | 6.22% |
Accurate as of 05/05/2026.
Data source: ©Zillow, Inc. 2025. Use is subject to the Terms of Use
Today's mortgage rates in New Jersey | Wednesday, May 6, 2026
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