Minnesota mortgage rates and costs by county, 2025
Median figures from closed, first-lien, owner-occupied home loans reported under HMDA. Each county page breaks the numbers down by lender. Counties with fewer than 5 qualifying loans are not listed; see the methodology.
| County | Purchase loans | Median rate | Median total costs | Refinance rate |
|---|---|---|---|---|
| Hennepin County | 12,974 | 6.5% | $5,517 | 6.125% |
| Dakota County | 5,166 | 6.5% | $5,633 | 6.125% |
| Ramsey County | 4,665 | 6.625% | $5,369 | 6.24% |
| Anoka County | 4,265 | 6.5% | $6,111 | 6.125% |
| Washington County | 3,725 | 6.5% | $5,657 | 6.125% |
| Wright County | 2,407 | 6.5% | $6,451 | 6.125% |
| Scott County | 1,875 | 6.499% | $5,735 | 6.125% |
| Olmsted County | 1,817 | 6.49% | $5,224 | 6.125% |
| St. Louis County | 1,798 | 6.625% | $5,265 | 6.25% |
| Carver County | 1,568 | 6.5% | $5,720 | 6.125% |
| Stearns County | 1,492 | 6.5% | $5,333 | 6.125% |
| Sherburne County | 1,310 | 6.5% | $6,530 | 6.125% |
| Clay County | 710 | 6.375% | $5,411 | 6.125% |
| Chisago County | 661 | 6.625% | $6,131 | 6.25% |
| Crow Wing County | 639 | 6.5% | $5,464 | 6.25% |
| Rice County | 604 | 6.537% | $5,887 | 6.125% |
| Blue Earth County | 535 | 6.575% | $5,613 | 6.125% |
| Isanti County | 510 | 6.625% | $6,570 | 6.125% |
| Goodhue County | 498 | 6.5% | $5,508 | 6.433% |
| Benton County | 426 | 6.624% | $5,397 | 6.375% |
| Otter Tail County | 425 | 6.5% | $5,194 | 6.374% |
| Winona County | 411 | 6.525% | $4,180 | 6.375% |
| Mower County | 403 | 6.625% | $5,511 | 6.375% |
| McLeod County | 386 | 6.5% | $6,129 | 6.25% |
| Itasca County | 375 | 6.575% | $5,419 | 6.25% |
| Carlton County | 370 | 6.624% | $5,678 | 6.375% |
| Steele County | 357 | 6.575% | $6,328 | 6.245% |
| Mille Lacs County | 350 | 6.625% | $5,606 | 6.125% |
| Nicollet County | 348 | 6.5% | $5,897 | 6.125% |
| Douglas County | 336 | 6.49% | $5,587 | 6.125% |
| Kandiyohi County | 332 | 6.5% | $5,413 | 6.25% |
| Becker County | 295 | 6.497% | $6,065 | 6.375% |
| Le Sueur County | 291 | 6.5% | $5,990 | 6.125% |
| Morrison County | 283 | 6.5% | $5,483 | 6.25% |
| Freeborn County | 268 | 6.625% | $5,211 | 6.49% |
| Pine County | 267 | 6.625% | $5,897 | 6.375% |
| Polk County | 254 | 6.5% | $5,932 | 6.124% |
| Dodge County | 233 | 6.5% | $5,639 | 6.25% |
| Cass County | 230 | 6.625% | $5,582 | 6.375% |
| Wabasha County | 223 | 6.5% | $5,248 | 6.25% |
| Brown County | 218 | 6.553% | $5,374 | 6.375% |
| Beltrami County | 207 | 6.5% | $5,665 | 6.25% |
| Meeker County | 192 | 6.6% | $5,994 | 6.25% |
| Fillmore County | 191 | 6.5% | $4,499 | 6.25% |
| Lyon County | 189 | 6.5% | $4,527 | 6.25% |
| Todd County | 187 | 6.625% | $5,390 | 6.25% |
| Houston County | 183 | 6.625% | $3,439 | 6.35% |
| Waseca County | 169 | 6.5% | $5,693 | 6% |
| Kanabec County | 159 | 6.75% | $5,961 | 6.25% |
| Sibley County | 158 | 6.625% | $5,494 | 6.49% |
| Martin County | 155 | 6.5% | $4,750 | 6.375% |
| Aitkin County | 153 | 6.625% | $5,653 | 6.25% |
| Nobles County | 143 | 6.5% | $5,726 | 6.375% |
| Hubbard County | 132 | 6.5% | $6,238 | 6.124% |
| Lake County | 131 | 6.5% | $4,675 | 6.29% |
| Redwood County | 124 | 6.5% | $4,153 | 6.495% |
| Roseau County | 117 | 6.5% | $8,232 | 6.188% |
| Koochiching County | 113 | 6.5% | $4,139 | 6.433% |
| Renville County | 108 | 6.625% | $4,915 | 6.25% |
| Faribault County | 96 | 6.5% | $4,250 | 6.625% |
| Rock County | 94 | 6.482% | $5,612 | 6.562% |
| Pennington County | 91 | 6.5% | $5,443 | 6.25% |
| Chippewa County | 87 | 6.625% | $4,716 | 6.638% |
| Wadena County | 78 | 6.5% | $5,022 | 6.25% |
| Murray County | 77 | 6.625% | $4,539 | 6.562% |
| Cottonwood County | 76 | 6.688% | $4,053 | 6.375% |
| Jackson County | 71 | 6.5% | $4,715 | 6.25% |
| Pope County | 71 | 6.5% | $4,251 | 6.499% |
| Marshall County | 71 | 6.75% | $5,432 | 6.25% |
| Pipestone County | 71 | 6.625% | $5,497 | 6.75% |
| Watonwan County | 70 | 6.56% | $4,705 | 6.25% |
| Swift County | 70 | 6.625% | $4,829 | 6.312% |
| Clearwater County | 61 | 6.625% | $4,782 | 6.49% |
| Yellow Medicine County | 60 | 6.624% | $4,183 | 6.312% |
| Stevens County | 59 | 6.46% | $4,402 | 6.433% |
| Lincoln County | 59 | 6.625% | $3,885 | 6.37% |
| Grant County | 56 | 6.56% | $5,013 | 6.625% |
| Wilkin County | 52 | 6.125% | $4,869 | 6% |
| Norman County | 52 | 6.375% | $5,328 | 6.25% |
| Mahnomen County | 36 | 6.295% | $5,451 | 6.375% |
| Big Stone County | 34 | 6.5% | $4,744 | 6.312% |
| Lac qui Parle County | 33 | 6.688% | $4,318 | 6.308% |
| Traverse County | 29 | 6.825% | $5,654 | n/a |
| Lake of the Woods County | 28 | 6.625% | $6,553 | 5.875% |
| Red Lake County | 25 | 6.125% | $3,996 | 6.375% |
| Cook County | 25 | 6.38% | $6,168 | 6.25% |
| Kittson County | 21 | 6.495% | $4,985 | 6.125% |
Purchase loans sorted by loan count. Medians describe what closed loans looked like, under those borrowers' profiles and loan sizes; they are not quotes. Source: FFIEC HMDA Modified LAR, filing year 2025.