Mortgage lending in Grand Forks, ND-MN
1,846 mortgages were originated in the Grand Forks, ND-MN area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 1,846
- Median rate
- 6.600%
- Median lender fees
- $4,864
- Median loan amount
- $195,000
- Median spread over APOR
- 0.256
- Paid discount points
- 25.3%
- Received lender credits
- 21.3%
- Purchases / refinances
- 57.4% / 23.8%
- Conventional / FHA / VA
- 78.8% / 9.9% / 10.6%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 66.8% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Grand Forks, ND-MN area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Gate City Bank | 302 | $2,401 | 6.790% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 202 | $6,304 | 6.274% |
| Alerus Financial, National Association | 118 | $3,687 | 6.875% |
| First International Bank & Trust | 89 | $5,894 | 6.625% |
| Old National Bank | 85 | $4,323 | 6.500% |
| Rocket Mortgage, LLC | 74 | $6,009 | 6.750% |
| FIRST COMMUNITY CREDIT UNION | 69 | — | 6.375% |
| FIRST HOLDING COMPANY OF CAVALIER, INC. | 66 | — | — |
| Barrington Bank & Trust Company, National Association | 65 | $6,128 | 6.250% |
| Frandsen Bank & Trust | 65 | — | 6.625% |