Mortgage rates in North Dakota
Average 30-year fixed 6.49% · Updated July 9, 2026 · Freddie Mac (FRED)
North Dakota offers stable prices and steady energy-driven demand. Below is what buying at North Dakota's median price looks like at today's national average rate, plus the local property tax and assistance that actually change your payment.
What a mortgage costs in North Dakota
The interest rate on a North Dakota mortgage is the same 6.49% national average a lender would quote anywhere — rates are set by the bond market, not by your state. On North Dakota's median $365,000 home with 20% down, the loan works out to $292,000, or about $1,844 a month in principal and interest.
What makes North Dakota different is the cost around the loan. Its 0.98% effective property-tax rate adds roughly $298 a month, and homeowners insurance about $137 more — bringing the all-in estimate to $2,279. Those local costs, not the interest rate, are what set North Dakota apart. Your own price and down payment will move the number — work backward from your income with the price-you-can-afford calculator.
Getting approved in North Dakota
Federal HMDA lending records show North Dakota lenders originated 14,333 home loans in 2025 and denied 2,353 applications — an approval rate near 85.9% among decisioned applications, against 76.6% nationwide. See how all 50 states compare in our state-by-state approval data, and how North Dakota ranks for lender complaint report (246 on record).
Shopping for a loan? See the most active mortgage lenders in North Dakota, ranked by federal HMDA volume.
Down-payment help in North Dakota
You rarely need 20% down. NDHFA — North Dakota's housing finance agency — runs the state's main assistance program: The DCA and Start programs provide down-payment and closing-cost help. Eligibility usually turns on income limits and a homebuyer-education course. Check current terms at NDHFA, see how a smaller down payment changes your number with the down-payment size calculator, or compare nationwide assistance programs.
North Dakota mortgage FAQ
What is the current mortgage rate in North Dakota?
As of July 9, 2026, the U.S. average 30-year fixed rate is 6.49%. The note rate itself is set nationally, not by state — a lender prices your North Dakota loan the same way it would anywhere, based on your credit, down payment and loan type.
What changes locally is everything around the rate: North Dakota's ~0.98% effective property tax, insurance costs, and which assistance programs apply.
What is the monthly payment on a typical North Dakota home?
On North Dakota's median home price of about $365,000 with 20% down at today's 6.49% average 30-year rate, expect roughly $2,279/month — that's $1,844 principal and interest plus about $298 property tax and $137 insurance. Adjust the numbers for your exact price and down payment in our calculators.
How hard is it to get approved for a mortgage in North Dakota?
In 2025, North Dakota lenders originated 14,333 home loans and denied 2,353 applications — an approval rate of about 85.9% among decisioned applications, versus 76.6% nationally, according to federal HMDA data. See how every state ranks in our mortgage approval report.
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment estimates assume the down payment noted plus estimated taxes and insurance. Confirm current pricing with a licensed lender.