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15 Year Fixed Mortgage Rates in Minnesota

Updated: November 18, 2017

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Displaying rates for Mortgage Refinance in MN for $200,000

3.845%

APR
15 Year Fixed
3.750% Rate $1,455/mo
  • Updated November 18, 2017
  • A+ Rating with the Better Business Bureau

3.383%

APR
15 Year Fixed
3.125% Rate $1,393/mo
  • Updated November 18, 2017
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PRODUCTS RATES +/-
30 Year Fixed 4.06%
15 Year Fixed 3.18%
5/1 ARM 3.45%
Saturday, November 18, 2017

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Mortgage rates for Minnesota go down to 4.06%

Saturday, November 18, 2017

Mortgage rates for Minnesota on Lender411 for 30-year fixed-rate mortgages are at 4.06%. That dropped from 4.13% to 4.06%. The 15-year fixed rates are now at 3.18%. The 5/1 ARM mortgage for Minnesota is now at 3.45%.

15 Year Fixed Mortgage Rate Explained

15 year fixed mortgage is a loan program where the monthly payment (principal and interest) of the loan does not change during the 15 year life of the loan. Like the 30 year, and the loan is "amortized" so that it will be completely paid off by the end of 15 years. Above you will find 15-year fixed refinance rates for national and local lenders in Minnesota. 

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