Compare today's rates for Mortgage Refinance in WI
Mortgage rates for Wisconsin on Lender411 for 30-year fixed-rate mortgages are at 3.88%. That dropped from 4.00% to 3.88%. The 15-year fixed rates are now at 2.96%. The 5/1 ARM mortgage for Wisconsin is now at 0.00%.
If you are looking for information on Wisconsin mortgage or refinance rates, you’ve come to the right place.
Finding the lowest mortgage rates in your area isn’t difficult when you have access to our established network of trusted mortgage professionals in Wisconsin. Talk to multiple mortgage lenders in WI to compare rate quotes and understand your options.
The loan types available in Wisconsin are much like those available elsewhere. One of the most widely available mortgage loan types is the 30 year fixed rate mortgage. As the name implies, this loan comes with a fixed interest rate. This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.
The adjustable rate mortgage (ARM) is another common loan type. You can also pursue a jumbo loan, interest only loan, balloon mortgage, or other specialized loan type. Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender. Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.
Wisconsin is a state in the northern Midwestern region of the nation. The state's early economy was based on lumber, dairy products, farming, and mining. Recently, tourism has become a major influence on Wisconsin's economy. The service industry, especially in larger cities like Milwaukee, Madison and Green Bay, has also played a major role.
Wisconsin has an ideal climate for growing crops, with damp springs and summers and snow in the winters. Food processing companies are large employers in Wisconsin. In the southeastern part of the state lies the region’s most populous city, Milwaukee. Milwaukee is not the capital of the state, however. That title goes to Madison. Madison is about half the size of the more populous Milwaukee and was named for founding father James Madison.The government centers and University of Wisconsin are the city's two major employers. Consumer services and the high tech field are growing economic forces in Madison
The city of Madison has always ranked highly in “best place to live” surveys, in large part due to its low unemployment rate. It has also been ranked very highly in “healthiest places to live” surveys, in great part due to the extensive bike trail system throughout the city. Madison also has the distinction of being the childhood home of architect Frank Lloyd Wright.
If you are looking for a place to live that has a lively Midwestern vibe and plenty of employment opportunities, consider calling Wisconsin home.
To learn more about homeownership in Wisconsin or research WI home buying programs, visit the Wisconsin HUD portal.
Follow these links to learn more about Wisconsin mortgages.