Mortgage Refinance Rates in North Dakota (2026)
With North Dakota's median value near $280,000, a homeowner refinancing a typical $190,000 balance from about 7.50% to 6.25% saves roughly $159/month — breaking even on ~$4,750 of costs near month 30.
Refinancing in North Dakota comes in three flavors: lower your rate, shorten your term, or pull out equity to 80% LTV. North Dakota uses the $806,500 conforming baseline statewide.
Refinance snapshot by North Dakota county
| County | Est. Value | 2026 Conforming Limit | Tier |
|---|---|---|---|
| Cass County | $280,000 | $806,500 | Baseline |
| Burleigh County | $280,000 | $806,500 | Baseline |
| Grand Forks County | $280,000 | $806,500 | Baseline |
| Ward County | $280,000 | $806,500 | Baseline |
| Williams County | $280,000 | $806,500 | Baseline |
| Stark County | $280,000 | $806,500 | Baseline |
| Morton County | $280,000 | $806,500 | Baseline |
| Stutsman County | $280,000 | $806,500 | Baseline |
| McKenzie County | $280,000 | $806,500 | Baseline |
| Mountrail County | $280,000 | $806,500 | Baseline |
| Richland County | $280,000 | $806,500 | Baseline |
| Barnes County | $280,000 | $806,500 | Baseline |
| Rolette County | $280,000 | $806,500 | Baseline |
| Walsh County | $280,000 | $806,500 | Baseline |
| Ramsey County | $280,000 | $806,500 | Baseline |
Should you refinance in North Dakota?
It comes down to your break-even. Take your closing costs (often 2-5% of the balance) and divide by your monthly savings — if you will stay in the home past that month count, refinancing usually wins. Cash-out makes sense when the rate and use of funds beat your other borrowing options.
Catch the Next Refinance Rate Drop
We watch the market so you can move at the right moment — free, no pressure.
Frequently Asked Questions
- How much can refinancing save in North Dakota?
- On a $190,000 balance near the North Dakota median, dropping from ~7.50% to 6.25% saves about $159/month. Your figure depends on your current rate and balance.
- What is the conforming loan limit in North Dakota for 2026?
- Most North Dakota counties use the $806,500 baseline; high-cost counties go up to $1,209,750. Above that, refinances are jumbo loans.