North Dakota Interest Only Mortgage Rates
Updated: May 26, 2020
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Displaying rates for Mortgage Refinance in ND for $200,000
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2.886%APR  30 Year Fixed |
2.750% Rate | $816/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.10%
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| 15 Year Fixed |
2.50%
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| 5/1 ARM |
4.50%
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Mortgage rates for North Dakota go down to 3.10%
Tuesday, May 26, 2020
Mortgage rates for North Dakota on Lender411 for 30-year fixed-rate mortgages are at 3.10%. That dropped from 3.10% to 3.10%. The 15-year fixed rates are now at 2.50%. The 5/1 ARM mortgage for North Dakota is now at 4.50%.
Interest Only Rates in North Dakota
When you buy a home in North Dakota or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.
