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.

  • Type of Loan
    Rate
    APR
  • Conventional 30 Year Fixed
    5.766 %
    5.75 %
  • Conventional 20 Year Fixed
    5.903 %
    5.875 %
  • Conventional 15 Year Fixed
    5.004 %
    5 %
  • Conventional 10 Year ARM
    6.72 %
    6.375 %
  • Conventional 7 Year ARM
    6.767 %
    6 %
  • Conventional 5 Year ARM
    6.907 %
    5.875 %
  • FHA 30 Year Fixed
    5.766 %
    5.75 %
  • VA 30 Year Fixed
    5.766 %
    5.75 %
  • FHA 15 Year Fixed
    5.004 %
    5 %
  • VA 15 Year Fixed
    5.004 %
    5 %
  • Jumbo 30 Year Fixed
    5.766 %
    5.75 %
  • Jumbo 15 Year Fixed
    5.004 %
    5 %
  • Jumbo 7 Year ARM
    6.767 %
    6 %
  • Jumbo 5 Year ARM
    6.907 %
    5.875 %

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.

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 South Dakota

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

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