Minnesota Mortgage Rates
Mortgage Rates as on 01 May 2024 in Minnesota
| Mortgage Type | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | 30 Year |
|---|---|---|---|---|---|---|
| Fixed | - | - | 6.75 | 6.75 | 6.875 | 7.25 |
| Fixed APR | - | - | 7.164 | 7.049 | 7.118 | 7.428 |
| Adjustable | 8 | 7.875 | - | - | - | |
| Adjustable APR | 8.184 | 8.147 | - | - | - | |
| Jumbo | - | - | - | 7.125 | 7.375 | 7.375 |
| Jumbo APR | - | - | - | 7.396 | 7.618 | 7.545 |
| FHA | - | - | - | 7.25 | - | 7 |
| FHA APR | - | - | - | 9.045 | - | 7.921 |
| VA | - | - | - | 7.25 | - | 6.99 |
| VA APR | - | - | - | 8.675 | - | 7.39 |
Minnesota Mortgage Rates Updated on 01 May 2024
Minnesota Mortgage Rates Explained :
Minnesota Fixed Mortgage Rate :
In Minnesota State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
In Minnesota State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
Minnesota ARM Rate :
In Minnesota State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
In Minnesota State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
Minnesota Jumbo Jumbo Mortgage Rate :
A Minnesota jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
A Minnesota jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
Minnesota FHA Mortgage Rate :
In Minnesota State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
In Minnesota State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
Minnesota VA Mortgage Rate :
In Minnesota State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
In Minnesota State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
Minnesota APR :
In Minnesota State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
In Minnesota State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
About Minnesota Mortgage Rates
Minnesota Mortgage Rates. Home Mortgage Rates Today in Minnesota
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Check Mortgage Rates in Minnesota. Best Mortgage Rates acquired from multiple options in Minnesota. Completely Secure & Total Privacy without any Email or Data Collection.