Today’s Refinance Rates in South Dakota

Updated: January 18, 2024

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Current Refinance Rates in South Dakota

To provide you with the most up-to-date information to assist you in choosing the best loan for your circumstances, MoneyGeek gathered the latest refinance rates in South Dakota. The table below shows the most recent average rates in South Carolina.

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Mortgage Refinance Rates From Top Lenders

What Is a Good Refinance Rate in South Dakota?

In South Dakota, the average mortgage rate is 4.33% for a 15-year FRM, 4.98% for a 30-year FRM and 4.43% for a 5/1 ARM.

The state average rates for a 15-year FRM and a 30-year FRM are lower than FRED’s reported national average of 4.45% and 5.30%, respectively. However, the state average for a 5/1 ARM is higher than the national average of 4.19%.

Loan terms, loan amount, credit score, income, debts and other factors affect what’s considered to be a "good" interest rate. Comparing rates from various lenders increases your chances of discovering the best rate that works for you.

Mortgage refinancing rates change on a daily basis. Today’s rates are most likely to be different from next week’s rates.

Estimate Your New Monthly Mortgage Payment

To estimate your monthly payment, enter your mortgage information and the current rates we've listed above. Remember that rates frequently change. Additionally, your lender might offer a different rate depending on factors like your credit rating and debt-to-income ratio.

Mortgage Refinance Calculator in South Dakota
Make sure refinancing your existing home loan will save you money.
Updated։ Jul 19, 2024
Fact Checked

By Mandy Sleight, Licensed Insurance Agent

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Frequently Asked Questions About Refinance Rates in South Dakota

To help you find the best rates for your needs, MoneyGeek answered the typical inquiries about refinance rates in South Dakota.

What is a good refinance rate in South Dakota?
What is a bad refinance rate in South Dakota?
What is a good refinance interest rate on a 30-year fixed-rate mortgage in South Dakota?
What is a good refinance interest rate on a 15-year fixed-rate mortgage in South Dakota?
What is a good refinance interest rate on a 5/1 adjustable-rate mortgage in South Dakota?
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