Current Refinance Rates in North Dakota

To aid you in choosing the most advantageous loan option, MoneyGeek has collected current refinancing interest rates for North Dakota. Please see our table below for the most recent average rates in the state.

  • Type of Loan
    Rate
    APR
  • Conventional 30 Year Fixed
    5.75 %
    5.75 %
  • Conventional 20 Year Fixed
    5.875 %
    5.875 %
  • Conventional 15 Year Fixed
    4.884 %
    4.875 %
  • Conventional 10 Year ARM
    6.731 %
    6.375 %
  • Conventional 7 Year ARM
    6.798 %
    6 %
  • Conventional 5 Year ARM
    6.947 %
    5.875 %
  • FHA 30 Year Fixed
    5.75 %
    5.75 %
  • VA 30 Year Fixed
    5.75 %
    5.75 %
  • FHA 15 Year Fixed
    4.884 %
    4.875 %
  • VA 15 Year Fixed
    4.884 %
    4.875 %
  • Jumbo 30 Year Fixed
    5.75 %
    5.75 %
  • Jumbo 15 Year Fixed
    4.884 %
    4.875 %
  • Jumbo 7 Year ARM
    6.798 %
    6 %
  • Jumbo 5 Year ARM
    6.947 %
    5.875 %

Mortgage Refinance Rates From Top Lenders

What Is a Good Refinance Rate in North Dakota?

The current refinance rates in North Dakota are lower than the national average. Compared to North Dakota's 4.35%, the national average interest rate on a 15-year fixed-rate mortgage (FRM) is 4.92%. The average interest rate on a 30-year fixed-rate mortgage (5.81% nationally compared to 4.96% in the state) and a 5/1 adjustable-rate mortgage (4.41% nationally compared to 3.90% in North Dakota) follow the same trends.

Keep in mind that a "good rate" depends on several factors, including loan terms, loan size, credit score, income and current debts.

Mortgage interest rates are also subject to daily fluctuations — if a lender's estimate shifts over one week, do not be alarmed. Comparing quotes from many lenders is crucial to ensure that you're obtaining the best possible rate.

Estimate Your New Monthly Mortgage Payment

Calculate your monthly mortgage payment with the help of the MoneyGeek mortgage calculator below. Enter your mortgage details and the average rates for North Dakota. Remember that your rate may change based on personal factors like your debt-to-income ratio and credit score.

Edit your mortgage details
$898
Total monthly payment$1,271
$898
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Total monthly payment$1,271

Frequently Asked Questions About Refinance Rates in North Dakota

MoneyGeek has compiled the most frequently asked questions regarding mortgage refinance rates in North Dakota to help you make a more informed choice about refinancing your home.

Read More on Mortgages

sources
  • Federal Reserve Bank of St. Louis. "Mortgage Rates." Accessed July 13, 2022.