bankgeneric2SmartAsset, a New York financial technology company, recently released its second annual study on mortgage refinancing. The study applied the average national pre and post-refinance interest rates to the total balance of refinanced mortgages in each county to see where the most money was being saved. Stutsman County ranked number 8 in North Dakota, in line with their rank of 8 in 2015.

For a full look at the top counties in North Dakota check out the table below:

Rank County Loans Refinanced Average Refinance Amount Annual Savings Per Loan Annual County Savings Total Savings Index

1 Cass, ND 979 $167,751 $2,261 $2,213,918 0.51

2 Burleigh, ND 767 $188,027 $2,535 $1,944,155 0.45

3 Ward, ND 464 $162,963 $2,197 $1,019,348 0.23

4 Grand Forks, ND 437 $158,366 $2,135 $932,949 0.21

5 Stark, ND 255 $193,557 $2,609 $665,370 0.15

6 Morton, ND 264 $162,367 $2,189 $577,853 0.13

7 Williams, ND 178 $226,607 $3,055 $543,760 0.12

8 Stutsman, ND 114 $129,430 $1,745 $198,909 0.05

9 Barnes, ND 68 $134,324 $1,811 $123,133 0.03

10 McLean, ND 52 $175,058 $2,360 $122,715 0.03