Fond Du Lac FHA Loan Rates, Closing Costs & Stats
FOND DU LAC, WI
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Fond Du Lac's 42 lenders originated 135 FHA loans during 2023. The total origination value was $26,825,000, with an average FHA loan value of $198,704.
Fond Du Lac FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Fond Du Lac
averaged
6.01%
for the week of 2024-10-11, compared to the national average (all FHA variants) of
6.1% for the same period.
Fond Du Lac's average FHA mortgage closing costs are $6,041.
The average rate for the prior week (2024-10-04) was
5.82% and
one month ago for the week of 2024-09-06, the
average rate was 5.95%.
The average rate one year ago was 7.28%.
For refis of the same type during the week of 2024-10-11, the average rate
was 6.08%.
Fond Du Lac FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Fond Du Lac level.
The top Fond Du Lac FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
18 FHA loans originated. Their average total fees are
$8,253, which is $1,554
higher than the next largest lender,
CALIBER HOME LOANS, INC..
The lowest fee Fond Du Lac FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($8,253), .
The lowest rate Fond Du Lac FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.32%), .
Fond Du Lac FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
FOND DU LAC, WI | FOND DU LAC | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
FOND DU LAC, WI | FOND DU LAC | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Fond Du Lac (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $149,975 (15.5%) | $194,946 (13.7%) | 0.00 | 380 |
2018-02-01 | $153,900 (20.4%) | $195,479 (11.8%) | 0.00 | 386 |
2018-03-01 | $153,900 (12.0%) | $196,444 (7.0%) | 0.00 | 386 |
2018-04-01 | $149,925 (4.6%) | $207,907 (9.3%) | 0.00 | 277 |
2018-05-01 | $161,950 (9.2%) | $219,852 (12.8%) | 0.00 | 283 |
2018-06-01 | $178,750 (22.2%) | $228,946 (15.2%) | 0.00 | 283 |
2018-07-01 | $181,675 (21.2%) | $230,001 (14.7%) | 0.00 | 301 |
2018-08-01 | $178,200 (25.5%) | $226,101 (14.5%) | 0.00 | 306 |
2018-09-01 | $171,900 (14.7%) | $219,647 (12.5%) | 0.00 | 313 |
2018-10-01 | $159,900 (6.7%) | $211,339 (10.6%) | 0.00 | 337 |
2018-11-01 | $147,225 (-4.2%) | $200,332 (2.5%) | 0.00 | 325 |
2018-12-01 | $144,950 (-3.4%) | $196,833 (1.2%) | 0.00 | 287 |
2019-01-01 | $137,950 (-8.0%) | $187,991 (-3.6%) | 0.00 | 268 |
2019-02-01 | $153,150 (-0.5%) | $197,638 (1.1%) | 0.00 | 248 |
2019-03-01 | $162,043 (5.3%) | $207,757 (5.8%) | 0.00 | 216 |
2019-04-01 | $164,543 (9.8%) | $217,379 (4.6%) | 0.00 | 197 |
2019-05-01 | $176,450 (9.0%) | $243,119 (10.6%) | 0.00 | 208 |
2019-06-01 | $169,400 (-5.2%) | $242,125 (5.8%) | 0.00 | 214 |
2019-07-01 | $170,925 (-5.9%) | $252,738 (9.9%) | 0.00 | 242 |
2019-08-01 | $170,845 (-4.1%) | $248,701 (10.0%) | 0.00 | 258 |
2019-09-01 | $175,939 (2.4%) | $251,888 (14.7%) | 0.00 | 251 |
2019-10-01 | $177,734 (11.2%) | $249,863 (18.2%) | 0.00 | 251 |
2019-11-01 | $183,700 (24.8%) | $233,212 (16.4%) | 0.00 | 256 |
2019-12-01 | $174,900 (20.7%) | $225,332 (14.5%) | 0.00 | 240 |
2020-01-01 | $174,175 (26.3%) | $234,116 (24.5%) | 0.00 | 222 |
2020-02-01 | $184,900 (20.7%) | $241,812 (22.4%) | 0.00 | 207 |
2020-03-01 | $184,900 (14.1%) | $248,806 (19.8%) | 0.00 | 208 |
2020-04-01 | $193,200 (17.4%) | $253,358 (16.6%) | 0.00 | 201 |
2020-05-01 | $212,900 (20.7%) | $266,392 (9.6%) | 0.00 | 195 |
2020-06-01 | $239,450 (41.4%) | $286,062 (18.2%) | 0.00 | 178 |
2020-07-01 | $242,350 (41.8%) | $281,925 (11.6%) | 0.00 | 149 |
2020-08-01 | $235,400 (37.8%) | $276,877 (11.3%) | 0.00 | 158 |
2020-09-01 | $219,925 (25.0%) | $271,592 (7.8%) | 0.00 | 169 |
2020-10-01 | $224,900 (26.5%) | $279,998 (12.1%) | 0.00 | 159 |
2020-11-01 | $191,150 (4.1%) | $263,687 (13.1%) | 0.00 | 154 |
2020-12-01 | $167,450 (-4.3%) | $249,534 (10.7%) | 0.00 | 141 |
2021-01-01 | $164,450 (-5.6%) | $259,266 (10.7%) | 0.00 | 122 |
2021-02-01 | $192,150 (3.9%) | $270,480 (11.9%) | 0.00 | 102 |
2021-03-01 | $228,500 (23.6%) | $284,121 (14.2%) | 0.00 | 88 |
2021-04-01 | $248,650 (28.7%) | $298,066 (17.7%) | 0.00 | 84 |
2021-05-01 | $249,900 (17.4%) | $285,977 (7.4%) | 0.00 | 89 |
2021-06-01 | $206,000 (-14.0%) | $299,562 (4.7%) | 0.00 | 115 |
2021-07-01 | $199,950 (-17.5%) | $311,540 (10.5%) | 0.00 | 150 |
2021-08-01 | $196,325 (-16.6%) | $294,296 (6.3%) | 0.00 | 157 |
2021-09-01 | $199,900 (-9.1%) | $284,606 (4.8%) | 0.00 | 173 |
2021-10-01 | $224,900 (0.0%) | $293,262 (4.7%) | 0.00 | 173 |
2021-11-01 | $222,000 (16.1%) | $289,079 (9.6%) | 0.00 | 150 |
2021-12-01 | $209,900 (25.4%) | $289,992 (16.2%) | 0.00 | 117 |
2022-01-01 | $194,500 (18.3%) | $260,651 (0.5%) | 0.00 | 101 |
2022-02-01 | $207,400 (7.9%) | $276,506 (2.2%) | 0.00 | 75 |
2022-03-01 | $241,675 (5.8%) | $300,172 (5.7%) | 0.00 | 66 |
2022-04-01 | $244,900 (-1.5%) | $301,858 (1.3%) | 0.00 | 78 |
2022-05-01 | $283,300 (13.4%) | $326,130 (14.0%) | 0.00 | 96 |
2022-06-01 | $289,900 (40.7%) | $328,006 (9.5%) | 0.00 | 112 |
2022-07-01 | $299,000 (49.5%) | $343,821 (10.4%) | 0.00 | 138 |
2022-08-01 | $299,900 (52.8%) | $351,011 (19.3%) | 0.00 | 135 |
2022-09-01 | $279,900 (40.0%) | $357,072 (25.5%) | 0.00 | 131 |
2022-10-01 | $292,900 (30.2%) | $395,937 (35.0%) | 0.00 | 127 |
2022-11-01 | $294,925 (32.9%) | $383,455 (32.7%) | 0.00 | 129 |
2022-12-01 | $299,900 (42.9%) | $404,204 (39.4%) | 0.00 | 102 |
2023-01-01 | $329,742 (69.5%) | $431,455 (65.5%) | 0.00 | 87 |
2023-02-01 | $350,000 (68.8%) | $451,028 (63.1%) | 0.00 | 83 |
2023-03-01 | $350,000 (44.8%) | $438,284 (46.0%) | 0.00 | 88 |
2023-04-01 | $375,000 (53.1%) | $472,416 (56.5%) | 0.00 | 82 |
2023-05-01 | $340,400 (20.2%) | $424,912 (30.3%) | 0.00 | 88 |
2023-06-01 | $339,900 (17.3%) | $404,673 (23.4%) | 0.00 | 92 |
2023-07-01 | $339,900 (13.7%) | $402,019 (16.9%) | 0.00 | 102 |
2023-08-01 | $319,725 (6.6%) | $373,496 (6.4%) | 0.00 | 112 |
2023-09-01 | $319,900 (14.3%) | $358,660 (0.4%) | 0.00 | 117 |
2023-10-01 | $307,400 (5.0%) | $363,639 (-8.2%) | 0.00 | 123 |
2023-11-01 | $280,600 (-4.9%) | $333,999 (-12.9%) | 0.00 | 124 |
2023-12-01 | $287,400 (-4.2%) | $333,567 (-17.5%) | 0.00 | 100 |
2024-01-01 | $281,150 (-14.7%) | $336,603 (-22.0%) | 0.00 | 90 |
2024-02-01 | $342,400 (-2.2%) | $371,418 (-17.7%) | 0.00 | 96 |
2024-03-01 | $374,900 (7.1%) | $405,295 (-7.5%) | 0.00 | 100 |
2024-04-01 | $377,475 (0.7%) | $398,986 (-15.5%) | 0.00 | 117 |
2024-05-01 | $406,150 (19.3%) | $425,868 (0.2%) | 0.00 | 121 |
2024-06-01 | $396,150 (16.6%) | $418,873 (3.5%) | 0.00 | 132 |
2024-07-01 | $399,450 (17.5%) | $420,599 (4.6%) | 0.00 | 157 |
2024-08-01 | $359,900 (12.6%) | $414,826 (11.1%) | 0.00 | 153 |
2024-09-01 | $360,000 (12.5%) | $411,642 (14.8%) | 0.00 | 172 |
Fond Du Lac's median listing price comes in at 0% of the national average.
Fond Du Lac's average listing price for 2024-09-01 was $411,642, a difference of $52,982 (14.8%) versus the prior year and $-3,184 versus the prior month.
For the 2024-09-01 period, Fond Du Lac had 172 MLS listings, a difference of 19 listings (12%) versus the prior month and 55 listings (47%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fond Du Lac (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,692 sqft |
2018-02-01 | 0 days | 1,682 sqft |
2018-03-01 | 0 days | 1,708 sqft |
2018-04-01 | 0 days | 1,685 sqft |
2018-05-01 | 0 days | 1,690 sqft |
2018-06-01 | 0 days | 1,729 sqft |
2018-07-01 | 0 days | 1,753 sqft |
2018-08-01 | 0 days | 1,777 sqft |
2018-09-01 | 0 days | 1,767 sqft |
2018-10-01 | 0 days | 1,728 sqft |
2018-11-01 | 0 days | 1,712 sqft |
2018-12-01 | 0 days | 1,716 sqft |
2019-01-01 | 0 days | 1,690 sqft |
2019-02-01 | 0 days | 1,727 sqft |
2019-03-01 | 0 days | 1,753 sqft |
2019-04-01 | 0 days | 1,730 sqft |
2019-05-01 | 0 days | 1,720 sqft |
2019-06-01 | 0 days | 1,678 sqft |
2019-07-01 | 0 days | 1,667 sqft |
2019-08-01 | 0 days | 1,664 sqft |
2019-09-01 | 0 days | 1,718 sqft |
2019-10-01 | 0 days | 1,754 sqft |
2019-11-01 | 0 days | 1,779 sqft |
2019-12-01 | 0 days | 1,778 sqft |
2020-01-01 | 0 days | 1,755 sqft |
2020-02-01 | 0 days | 1,770 sqft |
2020-03-01 | 0 days | 1,793 sqft |
2020-04-01 | 0 days | 1,760 sqft |
2020-05-01 | 0 days | 1,755 sqft |
2020-06-01 | 0 days | 1,844 sqft |
2020-07-01 | 0 days | 1,911 sqft |
2020-08-01 | 0 days | 1,912 sqft |
2020-09-01 | 0 days | 1,834 sqft |
2020-10-01 | 0 days | 1,848 sqft |
2020-11-01 | 0 days | 1,739 sqft |
2020-12-01 | 0 days | 1,583 sqft |
2021-01-01 | 0 days | 1,562 sqft |
2021-02-01 | 0 days | 1,581 sqft |
2021-03-01 | 0 days | 1,630 sqft |
2021-04-01 | 0 days | 1,763 sqft |
2021-05-01 | 0 days | 1,741 sqft |
2021-06-01 | 0 days | 1,648 sqft |
2021-07-01 | 0 days | 1,627 sqft |
2021-08-01 | 0 days | 1,654 sqft |
2021-09-01 | 0 days | 1,638 sqft |
2021-10-01 | 0 days | 1,648 sqft |
2021-11-01 | 0 days | 1,654 sqft |
2021-12-01 | 0 days | 1,641 sqft |
2022-01-01 | 0 days | 1,624 sqft |
2022-02-01 | 0 days | 1,622 sqft |
2022-03-01 | 0 days | 1,615 sqft |
2022-04-01 | 0 days | 1,606 sqft |
2022-05-01 | 0 days | 1,620 sqft |
2022-06-01 | 0 days | 1,683 sqft |
2022-07-01 | 0 days | 1,695 sqft |
2022-08-01 | 0 days | 1,761 sqft |
2022-09-01 | 0 days | 1,754 sqft |
2022-10-01 | 0 days | 1,816 sqft |
2022-11-01 | 0 days | 1,810 sqft |
2022-12-01 | 0 days | 1,858 sqft |
2023-01-01 | 0 days | 1,921 sqft |
2023-02-01 | 0 days | 1,939 sqft |
2023-03-01 | 0 days | 1,842 sqft |
2023-04-01 | 0 days | 1,890 sqft |
2023-05-01 | 0 days | 1,898 sqft |
2023-06-01 | 0 days | 1,830 sqft |
2023-07-01 | 0 days | 1,840 sqft |
2023-08-01 | 0 days | 1,795 sqft |
2023-09-01 | 0 days | 1,774 sqft |
2023-10-01 | 0 days | 1,734 sqft |
2023-11-01 | 0 days | 1,714 sqft |
2023-12-01 | 0 days | 1,747 sqft |
2024-01-01 | 0 days | 1,703 sqft |
2024-02-01 | 0 days | 1,796 sqft |
2024-03-01 | 0 days | 1,800 sqft |
2024-04-01 | 0 days | 1,898 sqft |
2024-05-01 | 0 days | 1,907 sqft |
2024-06-01 | 0 days | 1,944 sqft |
2024-07-01 | 0 days | 1,794 sqft |
2024-08-01 | 0 days | 1,724 sqft |
2024-09-01 | 0 days | 1,727 sqft |
Fond Du Lac's median square footage for active listings during the 2024-09-01 period was 1,727 sqft. One year prior, the average listing was 1,774 sqft.