Who has the best mortgage rates in Minnesota?
I’m looking for a primary, single-family home in for , and credit score.
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson TrueRate Data ScientistLenders with low rates in MN
TrueRate analyzed the rates lenders actually gave to buyers for the last three years and found only a few lenders likely to get you a good deal.
| Lender | Lender fees |
|---|
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson TrueRate Data ScientistLenders in MN likely to have high rates
We don’t accept advertising, so you can get the real lender story. TrueRate looked at 49 lenders and found that these lenders are likely to offer you a high rate.
| Lender | Lender fees |
|---|
Insights
Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.
George Robinson TrueRate Data ScientistLenders with average rates in MN
You deserve better than what these lenders historically provide.
Sorry, no lenders were found.
Methodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Don’t let lenders pull a fast one on you
Learn how really low rates often come with hidden fees. Drag the slider to see how rates and fees are connected.
Insights
Insights by James McTernan Tomo Mortgage Loan Advisor - NMLS #337556TrueRate report
See how mortgage companies got home buyers to over-pay by billions.
Get the reportMethodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Minnesota is making a case for homebuyers
If you’ve been eyeing a move to the Land of 10,000 Lakes, now might be the perfect time to turn that dream into a reality.
Minneapolis and St. Paul, the Twin Cities, are bursting with culture, parks, and a strong sense of community. Minneapolis has trendy neighborhoods like North Loop and Lyn-Lake, where you can enjoy art galleries, craft breweries, and some seriously good food. Meanwhile, St. Paul offers its own charm with historic architecture and family-friendly spots like Grand Avenue. The best part? While these cities have seen some growth, there are still plenty of affordable options, especially if you’re willing to explore a bit.
But it’s not just about the urban vibe! If you’re seeking a more laid-back lifestyle, consider towns like Rochester or Duluth. Rochester is known for its world-class healthcare facilities, making it a great place for families and professionals alike. Duluth, with its stunning views of Lake Superior, offers a unique mix of outdoor activities and small-town charm.
For first-time buyers, Minnesota has a range of programs that can help with down payments and loan options, making the journey to homeownership a bit smoother.
With improving interest rates and a mix of lively city life and peaceful suburbs, Minnesota is a great place to plant your roots. Whether you’re drawn to the buzz of the Twin Cities or the tranquility of its beautiful lakes and woods, the North Star State has something for everyone.