Mortgage Loans in Edina, MN

Looking to refinance your home in Edina, MN? Compare today’s best mortgage rates from trusted local lenders and find a plan that fits your budget. Lower your monthly payments with offers tailored to our community’s market.

Today’s Mortgage Rates & Analysis - Updated on 2025-OCT-06

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.25%, which is lower than 30 days ago at 4.50%. When the Fed Funds rate changes, it can influence mortgage rates because lenders often adjust their rates based on the cost of borrowing money.

Credit Union Loan Rates - Trends & Analysis:

Affinity offers a 15-year conventional fixed rate at 5.125% and a 30-year conventional fixed rate at 5.75%, both unchanged from last week but down 63 bp from a month ago. FHA fixed rates for 3-, 5-, and 7-year terms hold steady at 4.375%, 4.5%, and 4.75%, respectively, each down 100 bp from a month ago. Baxter offers a 15-year Conventional Fixed at 5.125%, down 13 bp from a week ago, and a 30-year Conventional Fixed at 5.875%, also down 13 bp over seven days and 38 bp over 30 days. Their 30-year Jumbo Fixed is steady at 5.875% today, up 25 bp from 30 days ago. The 5-year ARM sits at 4.75%, down 25 bp from 30 days prior.

Navy Federal Credit Union offers a 15-year conventional fixed rate at 4.875%, down 13 bp from a week ago. Their 30-year conventional fixed rate is 5.625%, also down 13 bp over the past week. The 15-year conventional refinance rate is 4.875%, down 13 bp, while the 30-year conventional refinance rate is 5.625%, down 13 bp from last week. The 30-year VA fixed rate stands at 5.375%, unchanged from a week ago but up 13 bp from 15 days prior. The 30-year jumbo fixed rate is 5.875%, down 13 bp in the past week. FHA 3-year and 5-year ARM rates are 5.0% and 5.25%, respectively, with a 13 bp drop over 30 days.

Affinity Plus offers a 30-year conventional fixed rate at 6.0%, unchanged from a week ago but down 50 bp from a month earlier. The 30-year conventional refinance rate is also 6.0%, down 38 bp over 30 days. Their 15-year conventional refinance rate is 5.5%, down 25 bp in the past month. VA 30-year purchase loans are at 6.625%, down 25 bp from 30 days ago. Adjustable 5-year ARMs stand at 4.875%, down 38 bp over 30 days. Digital offers a 15-year Conventional Fixed rate at 5.25%, down 13 bp from last week, and a 30-year Conventional Fixed rate at 6.00%, also down 13 bp over the same period. The 15-year Conventional Fixed rate is up 13 bp compared to a month ago, while the 30-year rate is unchanged over 30 days. Jumbo 30-year Fixed loans are at 6.00% today.

Trustone Financial offers a 15-year conventional fixed at 5.25%, down 13 bp from last week, and a 30-year conventional fixed at 6.0%, also down 13 bp. The 15-year conventional refinance is 5.5%, and the 30-year conventional refinance is 6.0%, both down 13 bp. FHA 30-year fixed is 5.5%, and adjustable-rate 5-year is 5.375%, each down 13 bp. The 7-year adjustable is 5.625%, down 13 bp. Wings Financial offers a 15-year conventional fixed rate at 5.25%, down 13 bp from last week, and a 30-year conventional fixed rate steady at 6.0%. Their 15-year FHA fixed rate is also 5.25%, down 13 bp, while the 30-year FHA fixed rate remains at 6.0%. The 30-year Jumbo fixed rate is 6.0%, down 13 bp from last week. Adjustable rates include a 5-year ARM at 5.25%, down 13 bp, a 7-year ARM at 5.5%, and a 10-year ARM at 6.0%, up 25 bp from last week.

Connexus offers a 15-year conventional fixed rate at 5.125%, down 13 bp from last week, and a 30-year conventional fixed at 5.875%. Their 15-year conventional refinance is 5.75%, also down 13 bp, while the 30-year conventional refinance is 6.375%, down 13 bp from last week but up 25 bp from a month ago. The 3-year ARM fixed rate stands at 5.25%, down 50 bp from both last week and a month ago. Nasa offers a 15-year Conventional Fixed at 5.25%, down 13 bp from a week ago, and a 30-year Conventional Fixed at 5.875%. Their 30-year FHA Fixed is 5.75%, down 25 bp from 30 days ago. The 30-year VA Fixed is 5.5%, down 13 bp from a week ago and 25 bp from 30 days ago. Jumbo 30-year Fixed loans stand at 6.5%, down 13 bp from a week ago and 25 bp from 30 days ago.

Dupaco Community offers a 15-year conventional fixed rate at 5.375%, down 13 bp from last week. Their 30-year conventional fixed rate is steady at 5.75%. For conventional 15-year and 30-year refinances, rates are 5.375% and 5.75%, respectively, with the 15-year refinance down 13 bp from last week and the 30-year refinance unchanged.

Market Indicators - Data & Insights:

Today, Zillow's 30-year mortgage rate is 6.322%, while Freddie Mac's 30-year rate is 6.340%, with Zillow slightly lower. Zillow's 30-year rate is lower than it was 7 days ago. These rates reflect the cost of borrowing for homebuyers and can influence housing demand, as higher rates may reduce affordability and slow buying activity.

🏦 All Local Lenders in Edina, MN

Lender NameBranch AddressOffice ServicesLender Snapshot
WEST METRO SCHOOLS CREDIT UNION
5701 NORMANDALE RD EDINA MN 55424
P2P
E-Statements
Assets: $40,115,551
Deposits: $803,761
Net Worth: $7,241,554
Employees: 7
Members: 2,662

🏘️ All the Lenders Available in Hennepin County, MN

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