North Dakota Interest Only Mortgage Rates
Updated: October 22, 2018
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Displaying rates for Mortgage Refinance in ND for $200,000
| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
5.17%
|
|
| 15 Year Fixed |
3.99%
|
|
| 5/1 ARM |
4.13%
|
|
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Mortgage rates for North Dakota go down to 5.17%
Monday, October 22, 2018
Mortgage rates for North Dakota on Lender411 for 30-year fixed-rate mortgages are at 5.17%. That dropped from 5.21% to 5.17%. The 15-year fixed rates are now at 3.99%. The 5/1 ARM mortgage for North Dakota is now at 4.13%.
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.
