North Dakota Mortgage Refinance Rates
Get a Lower rate in North Dakota whether you’re looking to reduce your monthly payment, change your loan term or refinance into a different rate.
Current North Dakota Home Refinance Rates
Legal Disclosures
| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|---|---|---|---|
| FHA 30-Year Fixed | 6.500% | 7.337% | 2.000 | $2,250 |
| VA 30-Year Fixed | 6.500% | 6.905% | 1.875 | $2,239 |
| Conventional 15-Year Fixed | 6.375% | 6.874% | 2.125 | $3,024 |
| Conventional 30-Year Fixed | 6.875% | 7.177% | 2.000 | $2,299 |
| Jumbo 30-Year Fixed | 6.875% | 7.119% | 2.250 | $6,240 |
| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|---|---|---|---|
| FHA 30-Year Refinance | 6.490% | 7.403% | 2.500 | $2,248 |
| VA 30-Year Refinance | 6.500% | 6.856% | 2.500 | $2,223 |
| Conventional 15-Year Refinance | 6.375% | 6.970% | 2.500 | $3,024 |
| Conventional 30-Year Refinance | 7.000% | 7.339% | 2.125 | $2,328 |
| Jumbo 30-Year Refinance | 6.875% | 7.131% | 2.300 | $6,240 |
| Loan Type | Rate | APR | Est. Monthly Payment |
|---|---|---|---|
| Fixed 20-Year HELOC | 9.875% | 9.875% | $956 |
| Fixed 30-Year HELOC | 10.375% | 10.375% | $905 |
| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|---|---|---|---|
| Conventional 30-Year Cash-Out Refinance | 7.125% | 7.493% | 2.250 | $2,021 |
FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.337% APR and $2,250 monthly payment at 70% loan-to-value (LTV) and 2.000 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
VA 30-Year Fixed: Interest rate offered based on $354,375 loan amount with 6.905% APR and $2,239 monthly payment at 70% loan-to-value (LTV) and 1.875 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Conventional 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 6.874% APR and $3,024 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.177% APR and $2,299 monthly payment at 70% loan-to-value (LTV) and 2.000 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.119% APR and $6,240 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 1, 2026.
FHA 30-Year Refinance: Interest rate offered based on $356,125 loan amount with 7.403% APR and $2,248 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
VA 30-Year Refinance: Interest rate offered based on $351,750 loan amount with 6.856% APR and $2,223 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Conventional 15-Year Refinance: Interest rate offered based on $350,000 loan amount with 6.970% APR and $3,024 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Conventional 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.339% APR and $2,328 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.131% APR and $6,240 monthly payment at 70% loan-to-value (LTV) and 2.300 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 1, 2026.
Fixed 20-Year HELOC: Interest rate offered based on $100,000 loan amount with 9.875% APR and $956 monthly payment at 20% loan-to-value (LTV) and 0.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Fixed 30-Year HELOC: Interest rate offered based on $100,000 loan amount with 10.375% APR and $905 monthly payment at 20% loan-to-value (LTV) and 0.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Home equity lines shown assume a 3-year draw period, a $25,000 minimum initial draw, a $99 annual fee, a $100 minimum payment. Repayment period is 204 and 324 months, following the draw period. Terms are an example only and vary by line amount, property and credit profile.
Conventional 30-Year Cash-Out Refinance: Interest rate offered based on $300,000 loan amount with 7.493% APR and $2,021 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
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Refinance Rates Trend in North Dakota
Historical rates shown for context only. See full disclosures below and current rates in the table above. View Legal Disclosures
Legal Disclosures
The chart shows Lower's historical posted mortgage rates for North Dakota, sampled weekly on Mondays. Data effective through 2026-11-06. The chart displays historical note rates only. It does not display APR, discount points, fees, or other costs that affect total loan expense. For current rates with APR, points, and assumptions, see the rate table above. Historical rates are not predictive of current or future rates. This chart is not an offer of credit, a commitment to lend, or a Loan Estimate. Actual rates depend on credit profile, market conditions, loan amount, loan-to-value, occupancy, property type, and other factors, and can change daily. FHA loans require mortgage insurance premiums (MIP) not reflected in note rates shown. VA loans require a VA funding fee not reflected in note rates shown. Jumbo loans exceed conforming loan limits and carry different underwriting requirements.
Rates as of November 6, 2026 · Avg North Dakota property tax: 1.08% · Avg annual home insurance: $2,949
Today’s 30-year fixed refinance rate in North Dakota is 7.000% (7.339% APR), and a 15-year is 6.375% (6.970% APR). On a typical $265,000 North Dakota loan, that’s about $1,763 a month in principal and interest over 30 years or $2,290 over 15. These figures use a typical North Dakota home price of $378,300 (the average of the median prices in its largest cities) and a loan at 70% of that value. Your numbers depend on your balance, your home’s value and your credit.
How much could you save by refinancing in North Dakota?
Monthly savings on a $265,000 balance if you refinance into today’s 30-year fixed rate of 7.000% (7.339% APR), by the rate you have now. If your current rate is at or below about 7.000%, a rate-and-term refinance at today’s rate won’t lower your payment; a cash-out refinance or HELOC may fit better if you need cash.
| Your current rate | Payment now | New payment | Monthly savings | Break-even |
|---|---|---|---|---|
| 7.500% | $1,853 | $1,763 | $90 | 99 months |
| 8.000% | $1,944 | $1,763 | $181 | 49 months |
| 8.500% | $2,038 | $1,763 | $275 | 33 months |
Principal and interest only, comparing 30-year payments on the same $265,000 balance. New payment at 7.000% (7.339% APR) with 2.125 discount points. Break-even divides the points and lender fees built into that APR (about $8,826 on this loan) by the monthly savings; title, appraisal and other third-party closing costs add to that (try our refinance break-even calculator with your own numbers). Restarting a 30-year term can mean more total interest even when the payment drops.
Refinance payments in North Dakota's largest cities
Estimated monthly cost after refinancing a loan at 70% of each city’s median home price into today’s 30-year fixed rate of 7.000% (7.339% APR), with local property taxes and homeowners insurance.
| City | Median price | Loan (70%) | Principal & interest | Taxes & insurance | Total monthly |
|---|---|---|---|---|---|
| Fargo | $375,000 | $263,000 | $1,750 | $600 | $2,349 |
| Bismarck | $485,900 | $340,000 | $2,262 | $650 | $2,912 |
| Minot | $274,000 | $192,000 | $1,277 | $509 | $1,786 |
Principal and interest at 7.000% (7.339% APR) (30-year conforming refinance). Median prices from Movoto market trends, September 2026.
15-year vs. 30-year refinance in North Dakota
On a typical $265,000 North Dakota loan, a 15-year refinance costs about $527 more a month than a 30-year, but saves about $222,451 in interest over the life of the loan.
| Loan term | Rate (APR) | Principal & interest | Total interest |
|---|---|---|---|
| 30-year fixed | 7.000% (7.339% APR) | $1,763 | $369,699 |
| 15-year fixed | 6.375% (6.970% APR) | $2,290 | $147,247 |
Conforming refinance rates for North Dakota as of November 6, 2026. Total interest assumes you keep the loan for the full term and make every scheduled payment. Taxes and insurance are the same for either term.
Refinance options in North Dakota by loan type
The examples above assume you’re refinancing into a conventional loan. If you have an FHA or VA loan, owe more than the conforming limit, or want to take cash out, one of these options may fit better.
FHA streamline refinance
Refinance an existing FHA loan with limited credit documentation and often no appraisal. FHA mortgage insurance still applies.
VA IRRRL
The VA’s Interest Rate Reduction Refinance Loan lowers your rate with less paperwork than a standard refinance, with no monthly mortgage insurance.
Jumbo refinance
A balance above the county’s 2026 conforming loan limit refinances into a jumbo loan.
Cash-out refinance or HELOC
A cash-out refinance replaces your loan with a larger one and pays you the difference. A HELOC lets you borrow against your equity and keep your current rate.
North Dakota refinance programs
The North Dakota Housing Finance Agency (NDHFA) allows refinances through its North Dakota Roots program, which has no income or purchase price limits, though Start down payment help can’t be used on a refinance. Lower-to-moderate-income homeowners can also use the Major Home Improvement program to refinance and rehabilitate their current single-family home, subject to income limits. See NDHFA refinance details.
North Dakota refinance FAQs
What are refinance rates in North Dakota today?
As of November 6, 2026, Lower’s 30-year fixed refinance rate in North Dakota is 7.000% (7.339% APR) and the 15-year is 6.375% (6.970% APR). FHA refinances start at 6.490% (7.403% APR) and VA refinances at 6.500% (6.856% APR). Your rate depends on your credit, equity, loan amount and points.
When does refinancing make sense in North Dakota?
When the monthly savings pay back your closing costs before you sell or refinance again. On a typical $265,000 North Dakota loan, going from 8.000% to today’s 7.000% (7.339% APR) saves about $181 a month, and the points and lender fees in today’s quote (about $8,826) take about 49 months to recover. Compare the new term too: restarting at 30 years can add interest even when the payment drops.
Does the North Dakota Housing Finance Agency offer a refinance program?
Yes. NDHFA’s North Dakota Roots program allows refinances with no income or purchase price limits, though Start down payment assistance isn’t available for refinances. Its Major Home Improvement program also lets low-to-moderate-income homeowners refinance and rehabilitate their current single-family home.
Do Fargo, Bismarck or Minot have higher conforming loan limits?
No. Every North Dakota county uses the same $832,750 limit for a one-unit home in 2026. A refinance above the limit is a jumbo loan, priced today at 6.875% (7.131% APR) for 30 years.
Can I refinance a VA loan in North Dakota?
Yes. If your current mortgage is VA-backed, a VA Interest Rate Reduction Refinance Loan (IRRRL) can lower your rate with less paperwork than a standard refinance. Lower’s 30-year VA refinance rate in North Dakota is 6.500% (6.856% APR) today. VA and lender requirements apply.
Related North Dakota mortgage pages
Movoto market trends data, September 2026, for each city. Cities are the state's largest by Census Bureau population estimates (Vintage 2024) among cities with Movoto data; where a city has too few sales, the next-busiest markets by homes sold fill in. Conforming loan limits: FHFA, 2026. Property tax estimates use county effective rates from the American Community Survey; homeowners insurance estimates are average annual premiums from The Zebra; your quote will vary. Rates as of November 6, 2026. Examples only; not an offer of credit. Your rate and payment depend on your credit, down payment, loan type and other factors.
Find Out Why North Dakotans Love Lower
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Katie was wonderful to work with on this refinance she is on top of everything. Refinancing can be difficult but her commitment to making sure my experience went smoothly and with out a hiccup was great. I will use he…r again in the future for sure .
Gregory M.
Verified Customer
September 1, 2026
Sean is the real deal and made my home purchase very easy. I especially appreciate how he has stayed in touch and presented refinance options as the market evolves. Can’t recommend him enough!
Anthony F.
Verified Customer
October 27, 2026
Mike was absolutely great to work with! He made the refinance process easy and stress-free, was very professional, responsive, and always took the time to answer my questions. I truly appreciate his help and highly recommend Mike to anyone look…ing for someone trustworthy and knowledgeable.
Kris G.
Verified Customer
September 10, 2026
Katie Lepley made refinancing our home straightforward and stress-free. The initial document collection was easy to navigate, and we completed the signing process within 30 days. Katie guided me through every step and kept me informed about th…e progress she and her team at Lower.com were making. Their communication was excellent, and the entire team was professional and highly capable. I have confidently referred several friends and family members to Katie, knowing they will be in excellent hands.
Diane P.
Verified Customer
October 9, 2026
Great experience! Cindy was amazing to work with. She is very knowlegable and led us through the process. Everything flowed smothly all the way through the refi process. Would recommend her highly!
Cliff H.
Verified Customer
September 16, 2026
Very kind and straight forward. Kept up communication and let us know everything we needed. Highly recommend and would go through her again if we ever need to refinance again.
Charles E.
Verified Customer
September 25, 2026
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