Shawano FHA Loan Rates, Closing Costs & Stats
Shawano, 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.
Shawano's 22 lenders originated 51 FHA loans during 2023. The total origination value was $9,825,000, with an average FHA loan value of $192,647.
Shawano FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Shawano
averaged
0.01%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
Shawano's average FHA mortgage closing costs are $5,846.
The average rate for the prior week (2024-11-22) was
6.3% and
one month ago for the week of 2024-10-25, the
average rate was 6.48%.
The average rate one year ago was 7.07%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0%.
Shawano 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 Shawano level.
The top Shawano FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
6 FHA loans originated. Their average total fees are
$7,439, which is $407
higher than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Shawano FHA lenders (with over 10 loans originated) are
.
The lowest rate Shawano FHA lenders (with over 10 loans originated) are
.
Shawano FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
SHAWANO, WI | MENOMINEE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SHAWANO, WI | SHAWANO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SHAWANO, WI | MENOMINEE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SHAWANO, WI | SHAWANO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Shawano (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 | $129,900 (0.0%) | $176,776 (12.0%) | 0.00 | 193 |
2018-02-01 | $133,400 (2.7%) | $178,698 (10.8%) | 0.00 | 199 |
2018-03-01 | $142,400 (9.6%) | $184,598 (12.8%) | 0.00 | 204 |
2018-04-01 | $149,900 (15.4%) | $196,829 (17.4%) | 0.00 | 175 |
2018-05-01 | $148,950 (6.5%) | $200,760 (13.1%) | 0.00 | 175 |
2018-06-01 | $149,900 (12.2%) | $208,251 (21.3%) | 0.00 | 187 |
2018-07-01 | $149,900 (14.7%) | $215,155 (25.7%) | 0.00 | 181 |
2018-08-01 | $159,900 (15.6%) | $223,764 (26.9%) | 0.00 | 180 |
2018-09-01 | $144,900 (3.6%) | $211,212 (16.3%) | 0.00 | 191 |
2018-10-01 | $139,900 (0.9%) | $207,856 (15.6%) | 0.00 | 185 |
2018-11-01 | $139,900 (3.7%) | $201,653 (14.0%) | 0.00 | 171 |
2018-12-01 | $129,900 (0.0%) | $196,740 (11.1%) | 0.00 | 161 |
2019-01-01 | $133,050 (2.4%) | $191,523 (8.3%) | 0.00 | 156 |
2019-02-01 | $139,000 (4.2%) | $201,542 (12.8%) | 0.00 | 154 |
2019-03-01 | $147,957 (3.9%) | $213,510 (15.7%) | 0.00 | 146 |
2019-04-01 | $158,650 (5.8%) | $229,494 (16.6%) | 0.00 | 135 |
2019-05-01 | $163,650 (9.9%) | $221,568 (10.4%) | 0.00 | 139 |
2019-06-01 | $179,900 (20.0%) | $236,449 (13.5%) | 0.00 | 153 |
2019-07-01 | $161,925 (8.0%) | $223,480 (3.9%) | 0.00 | 157 |
2019-08-01 | $155,518 (-2.7%) | $218,763 (-2.2%) | 0.00 | 170 |
2019-09-01 | $157,870 (9.0%) | $216,553 (2.5%) | 0.00 | 175 |
2019-10-01 | $159,800 (14.2%) | $215,080 (3.5%) | 0.00 | 170 |
2019-11-01 | $162,400 (16.1%) | $214,928 (6.6%) | 0.00 | 145 |
2019-12-01 | $151,900 (16.9%) | $203,310 (3.3%) | 0.00 | 150 |
2020-01-01 | $149,900 (12.7%) | $201,254 (5.1%) | 0.00 | 139 |
2020-02-01 | $149,900 (7.8%) | $201,571 (0.0%) | 0.00 | 125 |
2020-03-01 | $177,900 (20.2%) | $226,440 (6.1%) | 0.00 | 118 |
2020-04-01 | $162,400 (2.4%) | $221,320 (-3.6%) | 0.00 | 107 |
2020-05-01 | $185,500 (13.4%) | $235,104 (6.1%) | 0.00 | 102 |
2020-06-01 | $187,850 (4.4%) | $221,661 (-6.3%) | 0.00 | 88 |
2020-07-01 | $189,325 (16.9%) | $219,983 (-1.6%) | 0.00 | 73 |
2020-08-01 | $185,500 (19.3%) | $221,815 (1.4%) | 0.00 | 77 |
2020-09-01 | $183,850 (16.5%) | $240,351 (11.0%) | 0.00 | 72 |
2020-10-01 | $169,900 (6.3%) | $239,361 (11.3%) | 0.00 | 61 |
2020-11-01 | $184,900 (13.9%) | $248,055 (15.4%) | 0.00 | 51 |
2020-12-01 | $183,650 (20.9%) | $232,603 (14.4%) | 0.00 | 52 |
2021-01-01 | $184,900 (23.4%) | $236,480 (17.5%) | 0.00 | 39 |
2021-02-01 | $199,675 (33.2%) | $251,387 (24.7%) | 0.00 | 33 |
2021-03-01 | $184,900 (3.9%) | $240,584 (6.3%) | 0.00 | 29 |
2021-04-01 | $162,400 (0.0%) | $201,681 (-8.9%) | 0.00 | 24 |
2021-05-01 | $159,900 (-13.8%) | $224,767 (-4.4%) | 0.00 | 32 |
2021-06-01 | $159,900 (-14.9%) | $241,358 (8.9%) | 0.00 | 39 |
2021-07-01 | $174,450 (-7.9%) | $248,974 (13.2%) | 0.00 | 48 |
2021-08-01 | $202,150 (9.0%) | $262,722 (18.4%) | 0.00 | 45 |
2021-09-01 | $203,450 (10.7%) | $272,215 (13.3%) | 0.00 | 42 |
2021-10-01 | $199,500 (17.4%) | $270,531 (13.0%) | 0.00 | 40 |
2021-11-01 | $207,450 (12.2%) | $288,758 (16.4%) | 0.00 | 43 |
2021-12-01 | $199,600 (8.7%) | $276,161 (18.7%) | 0.00 | 44 |
2022-01-01 | $210,000 (13.6%) | $306,518 (29.6%) | 0.00 | 31 |
2022-02-01 | $219,475 (9.9%) | $293,352 (16.7%) | 0.00 | 30 |
2022-03-01 | $252,925 (36.8%) | $317,714 (32.1%) | 0.00 | 28 |
2022-04-01 | $249,900 (53.9%) | $303,945 (50.7%) | 0.00 | 34 |
2022-05-01 | $287,900 (80.1%) | $330,831 (47.2%) | 0.00 | 41 |
2022-06-01 | $262,400 (64.1%) | $316,805 (31.3%) | 0.00 | 45 |
2022-07-01 | $285,900 (63.9%) | $342,474 (37.6%) | 0.00 | 55 |
2022-08-01 | $292,450 (44.7%) | $335,642 (27.8%) | 0.00 | 61 |
2022-09-01 | $333,650 (64.0%) | $343,776 (26.3%) | 0.00 | 50 |
2022-10-01 | $324,500 (62.7%) | $349,496 (29.2%) | 0.00 | 47 |
2022-11-01 | $295,400 (42.4%) | $317,539 (10.0%) | 0.00 | 50 |
2022-12-01 | $314,950 (57.8%) | $331,617 (20.1%) | 0.00 | 45 |
2023-01-01 | $295,175 (40.6%) | $315,346 (2.9%) | 0.00 | 38 |
2023-02-01 | $319,900 (45.8%) | $320,894 (9.4%) | 0.00 | 32 |
2023-03-01 | $305,175 (20.7%) | $348,681 (9.8%) | 0.00 | 31 |
2023-04-01 | $325,000 (30.1%) | $380,203 (25.1%) | 0.00 | 32 |
2023-05-01 | $342,400 (18.9%) | $395,295 (19.5%) | 0.00 | 39 |
2023-06-01 | $317,175 (20.9%) | $378,582 (19.5%) | 0.00 | 46 |
2023-07-01 | $312,450 (9.3%) | $366,595 (7.0%) | 0.00 | 51 |
2023-08-01 | $308,925 (5.6%) | $381,266 (13.6%) | 0.00 | 54 |
2023-09-01 | $324,900 (-2.6%) | $420,997 (22.5%) | 0.00 | 54 |
2023-10-01 | $324,900 (0.1%) | $440,516 (26.0%) | 0.00 | 42 |
2023-11-01 | $297,400 (0.7%) | $408,176 (28.5%) | 0.00 | 45 |
2023-12-01 | $275,000 (-12.7%) | $383,975 (15.8%) | 0.00 | 47 |
2024-01-01 | $277,900 (-5.9%) | $377,509 (19.7%) | 0.00 | 47 |
2024-02-01 | $279,950 (-12.5%) | $364,918 (13.7%) | 0.00 | 48 |
2024-03-01 | $285,900 (-6.3%) | $365,253 (4.8%) | 0.00 | 46 |
2024-04-01 | $296,450 (-8.8%) | $368,635 (-3.0%) | 0.00 | 37 |
2024-05-01 | $285,900 (-16.5%) | $342,192 (-13.4%) | 0.00 | 46 |
2024-06-01 | $295,950 (-6.7%) | $358,655 (-5.3%) | 0.00 | 49 |
2024-07-01 | $268,700 (-14.0%) | $367,146 (0.2%) | 0.00 | 57 |
2024-08-01 | $297,450 (-3.7%) | $383,867 (0.7%) | 0.00 | 61 |
2024-09-01 | $294,400 (-9.4%) | $367,766 (-12.6%) | 0.00 | 72 |
2024-10-01 | $306,500 (-5.7%) | $381,171 (-13.5%) | 0.00 | 79 |
Shawano's median listing price comes in at 0% of the national average.
Shawano's average listing price for 2024-10-01 was $381,171, a difference of $-59,345 (-13.5%) versus the prior year and $13,405 versus the prior month.
For the 2024-10-01 period, Shawano had 79 MLS listings, a difference of 7 listings (10%) versus the prior month and 37 listings (88%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Shawano (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,600 sqft |
2018-02-01 | 0 days | 1,635 sqft |
2018-03-01 | 0 days | 1,656 sqft |
2018-04-01 | 0 days | 1,651 sqft |
2018-05-01 | 0 days | 1,610 sqft |
2018-06-01 | 0 days | 1,656 sqft |
2018-07-01 | 0 days | 1,674 sqft |
2018-08-01 | 0 days | 1,700 sqft |
2018-09-01 | 0 days | 1,620 sqft |
2018-10-01 | 0 days | 1,610 sqft |
2018-11-01 | 0 days | 1,610 sqft |
2018-12-01 | 0 days | 1,600 sqft |
2019-01-01 | 0 days | 1,610 sqft |
2019-02-01 | 0 days | 1,670 sqft |
2019-03-01 | 0 days | 1,616 sqft |
2019-04-01 | 0 days | 1,642 sqft |
2019-05-01 | 0 days | 1,625 sqft |
2019-06-01 | 0 days | 1,704 sqft |
2019-07-01 | 0 days | 1,713 sqft |
2019-08-01 | 0 days | 1,702 sqft |
2019-09-01 | 0 days | 1,675 sqft |
2019-10-01 | 0 days | 1,687 sqft |
2019-11-01 | 0 days | 1,655 sqft |
2019-12-01 | 0 days | 1,601 sqft |
2020-01-01 | 0 days | 1,551 sqft |
2020-02-01 | 0 days | 1,584 sqft |
2020-03-01 | 0 days | 1,686 sqft |
2020-04-01 | 0 days | 1,636 sqft |
2020-05-01 | 0 days | 1,726 sqft |
2020-06-01 | 0 days | 1,648 sqft |
2020-07-01 | 0 days | 1,657 sqft |
2020-08-01 | 0 days | 1,692 sqft |
2020-09-01 | 0 days | 1,746 sqft |
2020-10-01 | 0 days | 1,601 sqft |
2020-11-01 | 0 days | 1,640 sqft |
2020-12-01 | 0 days | 1,650 sqft |
2021-01-01 | 0 days | 1,684 sqft |
2021-02-01 | 0 days | 1,682 sqft |
2021-03-01 | 0 days | 1,814 sqft |
2021-04-01 | 0 days | 1,656 sqft |
2021-05-01 | 0 days | 1,645 sqft |
2021-06-01 | 0 days | 1,882 sqft |
2021-07-01 | 0 days | 1,680 sqft |
2021-08-01 | 0 days | 1,734 sqft |
2021-09-01 | 0 days | 1,683 sqft |
2021-10-01 | 0 days | 1,750 sqft |
2021-11-01 | 0 days | 1,716 sqft |
2021-12-01 | 0 days | 1,695 sqft |
2022-01-01 | 0 days | 1,700 sqft |
2022-02-01 | 0 days | 1,685 sqft |
2022-03-01 | 0 days | 1,872 sqft |
2022-04-01 | 0 days | 1,872 sqft |
2022-05-01 | 0 days | 1,896 sqft |
2022-06-01 | 0 days | 1,872 sqft |
2022-07-01 | 0 days | 1,786 sqft |
2022-08-01 | 0 days | 1,709 sqft |
2022-09-01 | 0 days | 1,740 sqft |
2022-10-01 | 0 days | 1,744 sqft |
2022-11-01 | 0 days | 1,840 sqft |
2022-12-01 | 0 days | 1,708 sqft |
2023-01-01 | 0 days | 1,825 sqft |
2023-02-01 | 0 days | 1,803 sqft |
2023-03-01 | 0 days | 1,675 sqft |
2023-04-01 | 0 days | 1,660 sqft |
2023-05-01 | 0 days | 1,748 sqft |
2023-06-01 | 0 days | 1,585 sqft |
2023-07-01 | 0 days | 1,598 sqft |
2023-08-01 | 0 days | 1,570 sqft |
2023-09-01 | 0 days | 1,700 sqft |
2023-10-01 | 0 days | 1,734 sqft |
2023-11-01 | 0 days | 1,815 sqft |
2023-12-01 | 0 days | 1,806 sqft |
2024-01-01 | 0 days | 1,845 sqft |
2024-02-01 | 0 days | 1,713 sqft |
2024-03-01 | 0 days | 1,539 sqft |
2024-04-01 | 0 days | 1,611 sqft |
2024-05-01 | 0 days | 1,547 sqft |
2024-06-01 | 0 days | 1,542 sqft |
2024-07-01 | 0 days | 1,671 sqft |
2024-08-01 | 0 days | 1,740 sqft |
2024-09-01 | 0 days | 1,678 sqft |
2024-10-01 | 0 days | 1,655 sqft |
Shawano's median square footage for active listings during the 2024-10-01 period was 1,655 sqft. One year prior, the average listing was 1,734 sqft.