Mortgage lending in Newark, NJ
37,894 mortgages were originated in the Newark, NJ area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 37,894
- Median rate
- 6.750%
- Median lender fees
- $7,189
- Median loan amount
- $395,000
- Median spread over APOR
- 0.233
- Paid discount points
- 28.5%
- Received lender credits
- 25.3%
- Purchases / refinances
- 44.3% / 33.8%
- Conventional / FHA / VA
- 87.4% / 10.3% / 2.3%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 64.1% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Newark, NJ area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 2,440 | $4,875 | 6.750% |
| CROSSCOUNTRY MORTGAGE, INC. | 1,845 | $8,454 | 6.740% |
| Citizens Bank, National Association | 1,678 | $8,102 | 7.400% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 1,658 | $12,468 | 6.374% |
| GUARANTEED RATE, INC. | 1,549 | $6,672 | 6.500% |
| Bank of America, National Association | 1,377 | $6,617 | 5.990% |
| TD Bank, National Association | 1,286 | $3,773 | 7.340% |
| PNC Bank, National Association | 1,148 | $5,569 | 8.000% |
| JPMorgan Chase Bank, National Association | 919 | $5,650 | 6.375% |
| Loandepot.Com, LLC | 831 | $5,696 | 6.750% |