Cass County, Minnesota
Mortgage Rate Alerts
Never Miss A Refinance
Opportunity
Always on mortgage monitoring without hurting your credit.
Instant email and text alerts.
A Better Mortgage In 3 Easy Steps
Sign up
Provide some basic info, no SSN required
Start getting alerts
For refinance via email and texts
Apply and close
The new loan and start saving money
1 Platform, 6 Refinance Alerts
01
Alert for Lower Rates
02
Alert for Cash Out
03
Alert for Shorter Term
04
Alert for Eliminating PMI
05
Alert for Product Changes
06
Alert for Changes in Home Value
Cass Real Estate Market Update
The real estate market in Cass County, Minnesota, is currently characterized as a seller's market. As of October 2024, the median home sold price was $324,800, with a slight decrease of 0.1% from the previous year. The median price per square foot stands at $205, indicating stable property values in the area.
Cass County is home to several notable cities, including Walker, Pine River, and Cass Lake. Walker, known for its proximity to Leech Lake, offers a small-town atmosphere with a population of around 900 residents. Pine River, with a population of approximately 950, serves as a gateway to the northern lakes region, while Cass Lake, with about 770 residents, is known for its rich Native American heritage and natural beauty.
Living in Cass County offers a mix of rural and suburban experiences, with a strong emphasis on outdoor recreation and agriculture. The county's economy is supported by industries such as tourism, forestry, and agriculture, attracting individuals seeking a quieter lifestyle and opportunities in these sectors. The area sees migration from urban centers as people move to enjoy the natural surroundings and a slower pace of life, making it an appealing destination for those looking to escape the hustle and bustle of city living.
2025 Mortgage Loan Limits:
Cass County, Minnesota
1 Unit
$806,500
Conforming Loans
$524,225
FHA Loans
2 Unit
$1,032,650
Conforming Loans
$671,200
FHA Loans
3 Unit
$1,248,150
Conforming Loans
$811,275
FHA Loans
4 Unit
$1,551,250
Conforming Loans
$1,008,300
FHA Loans
Questions About Refinancing in
Cass County
What is mortgage refinancing?
Refinancing is the process of replacing your current mortgage with a new one, often to secure a lower interest rate or change the loan terms.When should I consider refinancing?
Consider refinancing when interest rates drop, your credit score improves, or you want to switch from an adjustable-rate to a fixed-rate mortgage.How much does it cost to refinance?
Refinancing costs typically range from 2% to 5% of the loan amount, including closing fees, appraisal, and title fees.How long does the refinancing process take?
The refinancing process usually takes between 30 to 45 days, but this can vary based on lender efficiency and document preparation.What are the benefits of refinancing?
Refinancing can lower your monthly payments, reduce interest rates, shorten loan terms, or allow you to tap into home equity.What is cash-out refinancing?
Cash-out refinancing allows you to take out a new loan for more than your current mortgage balance and receive the difference in cash.Will refinancing hurt my credit?
Refinancing may cause a temporary dip in your credit score due to the hard inquiry, but the impact is usually minor and short-term.Can I refinance with bad credit?
It may be harder to qualify, but some lenders offer refinancing options for people with lower credit scores, though they often come with higher interest rates.How much equity do I need to refinance?
Most lenders require you to have at least 20% equity in your home to qualify for refinancing, though some programs may allow for lower equity percentages.Is it possible to refinance a rental property?
Yes, you can refinance an investment or rental property, though the terms and interest rates may be different compared to refinancing a primary residence.
Never Miss A Refinance Opportunity
Always on mortgage monitoring. Instant email and text alerts.
