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Current Mortgage Rates in Minnesota

Time Range: 6m 1y 2y 5y More mortgage rates?

30-Year Fixed
15-Year Fixed
5/1 ARM

Mortgage Rates for Oct. 17 - 24 , 2014*

Product Interest Rate Points National Average
30 Year Fixed Rate Mortgage 4.00% 0.00 4.03%
15 Year Fixed Rate Mortgage 3.09% 0.00 3.29%
30 Year 5/1 ARM 2.93% 0.00 3.02%
*weekly rolling averages

4/14 5/14 6/14 7/14 8/14 9/14 10/14
30-Year Fixed 4.38 4.26 4.21 4.17 4.18 4.20 4.18
15-Year Fixed 3.44 3.38 3.28 3.30 3.29 3.40 3.36
5/1 ARM 2.97 2.85 2.90 2.80 2.95 2.96 3.00

Current Mortgage Rates in Minnesota

 
Displaying rates for: Refinance, Minnesota, $200,000
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1
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  • APR: 3.973%    Rate: 3.750%    Monthly Payment: $ 926
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2
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  • APR: 4.415%    Rate: 4.180%    Monthly Payment: $ 976
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3
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Mortgage Trends in Minnesota

Popular Property Types
 

Single-Family Homes

88.4%
*Single-Family Homes make up 88.4% of purchased or refinanced homes
 

Condominiums

6.8%
*Condominiums make up 6.8% of purchased or refinanced homes
 

PUD Homes

1.2%
*PUD or Planned Unit Development homes make up 1.2% of purchased or refinanced homes
 

Townhomes

3.5%
*Townhomes make up 3.5% of purchased or refinanced homes

Average Property Value

Average Annual Property Taxes

Average Mortgage Balance

Data source: CoreLogic

Popular Mortgage and Refinance Types

Find Our Best Mortgage Rates

Type of Loan
Mortgage Refinance
Home Equity Loan or Line
Debt Consolidation
New Home Loan
Property Type:
Property State:
Credit rating: (Estimates okay)