Compare current mortgage rates in
Minnesota
on 08/16/2017
|
Lender
|
APR
|
Rate
|
Payment
|
Points
|
Fees
|
Contact details |
|---|---|---|---|---|---|---|
|
|
3.864% |
3.750% 45 day rate lock |
$1,158 per month |
1.000 Points
|
$3,497 Lender Fees
|
|
|
|
3.869% |
3.750% 30 day rate lock |
$1,158 per month |
0.847 Points
|
$3,664 Lender Fees
| |
|
|
4.119% |
3.990% 45 day rate lock |
$1,193 per month |
1.250 Points
|
$3,924 Lender Fees
|
|
|
|
4.119% |
3.990% 45 day rate lock |
$1,193 per month |
1.250 Points
|
$3,924 Lender Fees
|
|
Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Click here for more information on rates and product details.
Freddie Mac Primary Mortgage Market Weekly Survey Results
30-year fixed-rate mortgage (FRM) averaged 3.90 percent with an average 0.5 point for the week ending August 10, 2017, down from last week when it averaged 3.93 percent. A year ago at this time, the 30-year FRM averaged 3.45 percent.
One of the most popular types of mortgages is the 30-year fixed-rate mortgage. This loan is usually the easiest to qualify for, and provides the maximum interest deduction at tax time. The interest rate stays the same over the life of the loan, which provides unchanging, low monthly payments. Over time, borrowers gain equity in the home as they pay down the principal, or actual loan amount. For borrowers who intend on staying in the home for a long time, this mortgage is particularly helpful and practical. A disadvantage of the 30-year fixed-rate mortgage is paying more interest over time than shorter-period loans.
Largest Cities in Minnesota:
Andover |
Chaska |
Farmington |
Minnetonka |
Roseville |
