Forgotten Your Password?

Need to Register?

New Jersey Mortgage Rates

Updated: July 18, 2024

Compare today's rates for Mortgage Refinance in NJ

Loan Program
Loan Amount
Loan Type:
Credit Score

Mortgage rates for New Jersey go up to 3.00%

Thursday, July 18, 2024

Mortgage rates for New Jersey on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That increased from 2.71% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for New Jersey is now at 4.56%.

If you are looking for up to the minute New Jersey mortgage rates, you’ve come to the right place.  Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in New Jersey. Talk to multiple mortgage lenders in NJ to compare rate quotes and understand your options.

New Jersey Mortgage Refinance

Why is it critical to find the lowest rate when refinancing? Simply put, this is the entire goal of a refinance. The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan.

Home Loans in New Jersey

The loan types available in New Jersey are much like those available elsewhere.  One of the most widely available mortgage loan types is the 30 year fixed rate mortgage.  As the name implies, this loan comes with a fixed interest rate. This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.

The adjustable rate mortgage (ARM) is another common loan type. You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type.  Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender. Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.

New Jersey scenery

About New Jersey

New Jersey is a Mid-Atlantic state and gets its name from the Jersey Island which is located in the English Channel. New Jersey has a temperate climate with warm, humid summers and cold winters. The state is well known for its ethnically and religiously diverse population.

New Jersey's location has led to its development as a stronghold of manufacturing and commerce. With many lake and seaside locations, tourism is a huge part of the state's economy as well. New Jersey hosts the headquarters for twenty four Fortune 500 companies. It is also home to several major players in the pharmaceutical industry.

Major cities in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Whether you’re looking for a gateway commuter city or seaside living, consider being a homeowner in New Jersey.

 To learn more about homeownership in New Jersey or research NJ home buying programs, visit the New Jersey HUD portal.

Click on any of the links included here, below, for more information about your mortgage loan and refinance options.

Popular loan programs
Local Cities

user suit Lenders in: New Jersey.

Subscribe to our news feed.