Mortgage Rates in New Jersey

Compare local 30-year fixed, first-mortgage rates from credit unions in New Jersey. Today's best rate: 5.250% APR. Zero affiliate bias - rates ranked by true cost.

Updated August 202692 Credit Unions

Quick answer: As of August 2026, 30-year fixed mortgage rates from credit unions in New Jersey range from 5.250% to 7.351% APR, with a median of 6.409% APR across 16 institutions. The lowest rate currently comes from H. E. Telephone. Rates below are ranked by true cost with no affiliate bias.

5.250%
Lowest 30yr APR
H. E. Telephone
6.409%
Median APR
7.351%
Highest APR
16
Institutions

New Jersey mortgage rates range from 5.250% to 7.351% APR for 30-year fixed loans. Data from 92 credit unions, updated August 2026.

Source: RateAPI.dev

Top New Jersey Credit Unions for Mortgages

Ranked by lowest APR. Based on a $400,000 loan over 30 years.

Credit UnionRateAPREst. Payment
H. E. Telephone Credit Union
30-Year Fixed
5.25%5.25%$2,209/moVisit Site
Nova Ua Credit Union
30-Year Fixed
6.125%6.125%$2,430/moVisit Site
Proponent Credit Union
30-Year Fixed
6.125%6.125%$2,430/moVisit Site
Proponent Credit Union
30-Year Fixed
6.25%6.25%$2,463/moVisit Site
Terminals Credit Union
30-Year Fixed
6.25%6.25%$2,463/moVisit Site

15-Year Fixed Rates in New Jersey

Lowest APR
5.625%
Median APR
5.832%
Institutions
10

How to Get the Best Mortgage Rate in New Jersey

Credit unions in New Jersey often offer lower mortgage rates than traditional banks because they're member-owned non-profits. Here's how to qualify for the best rates:

1

Check Your Credit Score

Scores above 740 typically qualify for the best rates. Most credit unions require a minimum of 620-680 for mortgages.

2

Join a Credit Union

Many New Jersey credit unions have flexible membership requirements. Some are open to anyone who lives, works, or worships in the area.

3

Compare Multiple Lenders

Even a 0.25% difference in APR can save you thousands over the life of your loan. Compare at least 3-5 lenders.

4

Consider Points

Paying points upfront can lower your rate. This makes sense if you plan to stay in your home long-term.

Frequently Asked Questions

Common questions about mortgage rates in New Jersey

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