Who has low mortgage rates in New Jersey?

I’m looking for a primary, single-family home in for , and credit score.

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Insights

Negotiate everything—rates, fees, and terms are not set in stone.

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Lenders with low rates in NJ

We’ve analyzed the rates lenders actually gave to buyers for the last three years and found only a few lenders likely to get you a good deal.

LenderLender fees
Customer reviews

Insights

Negotiate everything—rates, fees, and terms are not set in stone.

Portrait of George Robinson, Chief Data ScientistGeorge Robinson Chief Data Scientist

Lenders in NJ likely to have high rates

We don’t accept advertising, so TrueRate can give the real lender story. We looked at 60 lenders and these lenders are likely to offer you a high rate.

LenderLender fees
Customer reviews

Insights

Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.

Portrait of George Robinson, Chief Data ScientistGeorge Robinson Chief Data Scientist

Lenders with average rates in NJ

You deserve better than what these lenders historically provide.


Don’t let lenders pull a fast one on you

Learn how really low rates often come with hidden fees. Drag the slider to see how rates and fees are connected.

6.75% - 6.92%

Insights

TrueRate compares lenders based on their 0 points or par rate. You should use this rate when comparing lenders.
Portrait of James McTernan, Tomo Mortgage Loan AdvisorInsights by James McTernan Tomo Mortgage Loan Advisor - NMLS #337556

TrueRate report

See how mortgage companies got home buyers to over-pay by billions.

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Methodology

We believe in transparency. Here’s how we crunched the numbers.

Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.


Buying a house in New Jersey?

Well, good news—interest rates are actually looking better! After a few years of “seriously, what is happening?!” they’ve started to improve in 2024 and are expected to get even friendlier into 2025. Yeah, it’s not like we’re back to those insanely low rates from the pandemic, but hey, things are finally trending in the right direction.

If you’re a first-time buyer, this is your time to shine. Yes, rates still have a little bite, but with them coming down, your monthly payments won’t feel as heavy as they did last year. Plus, there are still plenty of FHA loans and first-time homebuyer programs to make your life easier in NJ. You can get into a home without having to sell a kidney. And let’s be honest, that’s a win!

As for Jersey real estate, it can definitely be a little pricey—especially if you’re eyeing spots close to NYC. But if you’re willing to look a little further out, you can snag a great deal in areas where prices aren’t as wild. Think more space, a backyard, and a house you can actually enjoy. Your dog will thank you for the upgrade.