Top Sioux Falls Mortgage Rates This November

Have falling home prices enticed you into buying a new house? Today’s prices may be low, but don’t forget to research Sioux Falls mortgage rates, too. The rate you pay to finance your home will have a significant effect on the total cost of your house.

Current Best Mortgage Rates in Sioux Falls, SD

Depending on the kind of home loan you go with, the interest rates available will vary. However, whether you end up with a fixed rate or adjustable rate mortgage, there is a lender with an excellent interest rate in Sioux Falls for you. The following are the local lenders currently offering the best mortgage rates this month:

Best Fixed Mortgage Rates in Sioux Falls

15-Year Fixed

• Wells Fargo Bank, National Association: 3.13%
• • Orig. Fees: 1%
  • Points: 0


• Quicken Loans Inc: 3.25%
• • No Orig. Fees
  • Points: 1.75


• CorTrust Bank National Association: 3.25%
• • Orig. Fees: 1%
  • Points: 0

30-Year Fixed

• Quicken Loans Inc: 3.99%
• • No Orig. Fees
  • Points: 2


• Rock Financial: 3.99%
• • No Orig. Fees
  • Points: 2


• CorTrust Bank National Association: 4%
• • Orig. Fees: 1%
  • Points: 0

Lowest Sioux Falls ARM Rates

3/1 ARM

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you verify these mortgage rates with the lender before you apply. Interest rates are accurate as of November 1, 2011, but may change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Sioux Falls mortgage rate.