 Fix Up Rate Review March 2
The next monthly rate review and possible adjustment takes place on Monday, March 2. Given the potential for rate changes, please review your pipeline and lock loans as appropriate.
As a reminder, our Energy Incentive Loan rates for both unsecured and secured loans are also reviewed monthly and may be adjusted at that time. Energy Loan Plus interest rates will not change at this time.
Please visit the Home Improvement Interest Rates webpage for a list of current rates.
Reminder: Energy Loan Plus Lower Rate Now Available!
The Energy Loan Plus* rate has decreased from 3.5% to 2%. Energy Loan Plus offers a reduced interest rate for energy conservation improvements for households at or below 80% area median income (AMI).
Energy Loan Plus is an additional option under the Fix Up loan program, and all current Fix Up lenders are able to access the program.
Borrowers must meet program parameters set forth in the Fix Up Loan Program Procedural Manual, including income limits and improvement type.
Updated Energy Loan Plus marketing materials are available. The product name in the commitment system has been updated from Energy Loan Plus - 3.5% to Energy Loan Plus.
* This project was made possible by a grant from the U.S. Department of Energy and the Minnesota Department of Commerce through the Infrastructure Investment and Jobs Act of 2021 (IIJA).
Questions?
You can reach the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 8 a.m. and 5 p.m. on business days.
About Minnesota Housing
Minnesota Housing, the state’s housing finance agency, works to provide access to safe, stable and accessible housing Minnesotans can afford in a community of their choice. In 2025, we distributed $1.8 billion in resources and served 73,000 households. Visit our website to learn more.
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