Compare Today’s Mortgage Rates for Minneapolis, Minnesota

Pureloan searches mortgage lenders and major banks in Minneapolis, Minnesota 55422 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $1,775 or $5 / month is expected in Minneapolis and other areas of Hennepin county.

Pureloan’s search engine explores all home mortgage options in Minneapolis, Minnesota 55422, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Minneapolis, Minnesota 55422

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Minneapolis, MN

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Minneapolis, MN 55422, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for Minneapolis, MN

Historical Mortgage Rates for Minneapolis, Minnesota 55422 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Minneapolis, Minnesota and around Hennepin county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 90.45% 88.09% 88.15% 88.87% 92.59% 91.29% 92.43% 92.49%
avg mortgage rate 4.85% 4.61% 3.85% 3.93% 4.40% 4.08% 3.87% 4.09%
% 15 year fixed mortgage 6.75% 8.91% 8.89% 8.96% 5.77% 6.70% 6.03% 5.95%
avg mortgage rate 4.20% 3.90% 3.21% 3.07% 3.49% 3.29% 3.09% 3.11%
Avg credit score 768.41 766.70 764.00 762.15 756.78 754.96 753.27 752.33
Avg LTV (loan to value) 77.02% 79.31% 81.61% 82.72% 83.51% 84.33% 84.12% 83.28%
Avg DTI (debt to income) 32.97 33.18 32.84 33.24 34.03 34.27 34.39 34.57
% First time homebuyer 22.52% 19.02% 19.77% 27.02% 28.55% 27.81% 26.28% 30.03%
Avg mortgage insurance % 5.06% 7.63% 10.82% 12.45% 14.51% 15.49% 14.69% 13.80%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Minneapolis, Minnesota 55422

If you’re looking to buy a new home in Minneapolis, we have compiled a list of the leading mortgage brokers around Minneapolis, Minnesota 55422 to help you with your search.

Name
Address
Contact

Wells Fargo Brokerage Service

6th And Marquette Ave

Minneapolis MN 55422

(612) 667-1234

Wells Fargo Home Mortgage

2701 Wills

Minneapolis MN 55422

(612) 312-8155

http://www.wellsfargo.com/mortgage/

Wells Fargo Home Mortgage

2650 Wells Fargo Way

Minneapolis MN 55422

(800) 288-3212

http://www.wellsfargo.com/mortgage/

Wells Fargo Home Mortgage

2701 Wells Fargo Way

Minneapolis MN 55422

(612) 312-8155

http://www.wellsfargo.com/mortgage/

Kari Mark Enterprises

8120 W River Rd

Minneapolis MN 55422

(763) 566-3961

Address

6th And Marquette Ave

Minneapolis MN

Contact

(612) 667-1234

Address

2701 Wills

Minneapolis MN

Contact

(612) 312-8155

http://www.wellsfargo.com/mortgage/

Address

2650 Wells Fargo Way

Minneapolis MN

Contact

(800) 288-3212

http://www.wellsfargo.com/mortgage/

News on Mortgages and Reverse Mortgages for Minneapolis, Minnesota 55422