South Dakota Mortgage and Refinance Rates

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Current South Dakota Mortgage Rates

Average market rates for September 14, 2024 in South Dakota are 5.63% for 30-year fixed purchase and 5.68% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase5.63%5.74%
30-year Fixed Refinance5.68%5.79%
Rates based on market averages as of Sep 14, 2024.
ProductRateAPR
30-year Fixed Purchase5.63%5.74%
30-year Fixed Refinance5.68%5.79%
Rates based on market averages as of Sep 14, 2024.

South Dakota Purchase Rates

ProductRateAPR
15-year Fixed Purchase4.68%4.84%
15-year Fixed Jumbo Purchase5.35%5.49%
30-year Fixed Purchase5.63%5.74%
30-year Fixed Jumbo Purchase6.29%6.39%
Rates based on market averages as of Sep 14, 2024.

South Dakota Refinance Rates

ProductRateAPR
15-year Fixed Refinance4.69%4.85%
15-year Fixed Jumbo Refinance5.36%5.49%
30-year Fixed Refinance5.68%5.79%
30-year Fixed Jumbo Refinance6.29%6.39%
Rates based on market averages as of Sep 14, 2024.

South Dakota ARM Rates

ProductRateAPR
5/6 Arm (purchase)6.22%6.34%
5/6 Arm (refinance)6.30%6.43%
5/6 Jumbo Arm (purchase)5.74%5.78%
5/6 Jumbo Arm (refinance)5.70%5.75%
Rates based on market averages as of Sep 14, 2024.

How we source rates and rate trends

Most Common Mortgage Types in South Dakota

  • Conventional: 7,516 loans
  • FHA: 1,361 loans
  • USDA: 390 loans
  • VA: 1,167 loans

Top Purchase Lenders in South Dakota by Volume

  • 549300kj8paj7e52hg32: 1,561 loans
  • First Premier Bank: 669 loans
  • First Bank & Trust: 505 loans
  • First Dakota National Bank: 468 loans
  • Black Hills Federal Credit Union: 425 loans
  • Cmg Mortgage, Inc.: 416 loans
  • Gateway First Bank: 395 loans
  • Bankwest, Inc.: 378 loans
  • Fairway Independent Mortgage Corporation: 338 loans
  • American Bank & Trust: 289 loans

Top Refinance Lenders in South Dakota by Volume

  • First Interstate Bank: 204 loans
  • First Premier Bank: 186 loans
  • 549300kj8paj7e52hg32: 173 loans
  • Black Hills Federal Credit Union: 164 loans
  • First Bank & Trust: 141 loans
  • U.S. Bank: 99 loans
  • Wells Fargo Bank: 77 loans
  • First Dakota National Bank: 63 loans
  • Rocket Mortgage, LLC: 60 loans
  • Sioux Falls: 56 loans

Top Cash-Out Refinance Lenders in South Dakota by Volume

  • Rocket Mortgage, LLC: 441 loans
  • Sioux Falls: 230 loans
  • 549300kj8paj7e52hg32: 188 loans
  • Wells Fargo Bank: 183 loans
  • Black Hills Federal Credit Union: 110 loans
  • Loandepot.com, LLC: 100 loans
  • Nationstar Mortgage LLC: 84 loans
  • First Bank & Trust: 83 loans
  • First Interstate Bank: 83 loans
  • First Premier Bank: 75 loans

How we source lender data

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