Baraboo VA Loan Rates, Closing Costs & Stats

Baraboo, WI

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    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    Baraboo's 15 lenders originated 45 VA loans during 2023. The total origination value was $12,915,000, with an average VA loan value of $287,000.

    Baraboo VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Baraboo averaged 6.35% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Baraboo's average VA mortgage closing costs are $4,889.

    The average rate for the prior week (2024-12-06) was 6.48% and one month ago for the week of 2024-11-08, the average rate was 6.58%.

    The average rate one year ago was 6.63%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.08%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Baraboo VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Baraboo level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 15 6.94% $5,947
    UNITED WHOLESALE MORTGAGE, LLC 5 6.66% $8,969
    GUILD MORTGAGE COMPANY 3 6.71% $16,928
    Prosperity Home Mortgage, LLC 3 6.37% $16,553
    Barrington Bank & Trust Company, N.A. 3 6.58% $11,528
    LOANDEPOT.COM, LLC 2 6.06% $6,144
    PENNYMAC LOAN SERVICES, LLC 2 6.25% $4,229
    CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $6,518
    DAS Acquisition Company, LLC 2 7.44% $11,688
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $14,825
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $2,463
    FREEDOM MORTGAGE CORPORATION 1 6.75% $25,582
    Bank Five Nine 1 7.13% $9,151
    NAVY FEDERAL CREDIT UNION 1 5.88% $5,759
    QUICKEN LOANS, LLC 1 6.99% $8,831

    The top Baraboo VA lender as defined by loan originations is Mortgage Research Center, LLC, with 15 VA loans originated. Their average total fees are $5,947, which is $3,022 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Baraboo VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,947), .

    The lowest rate Baraboo VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.94%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Baraboo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $227,975 (14.7%) $264,699 (3.3%) 0.00 288
    2018-02-01 $244,975 (22.6%) $276,284 (5.4%) 0.00 260
    2018-03-01 $249,900 (13.6%) $278,239 (4.2%) 0.00 285
    2018-04-01 $249,675 (13.5%) $282,934 (6.0%) 0.00 302
    2018-05-01 $249,225 (15.4%) $284,928 (3.4%) 0.00 329
    2018-06-01 $249,000 (12.0%) $284,452 (0.8%) 0.00 348
    2018-07-01 $253,175 (15.1%) $291,188 (3.3%) 0.00 353
    2018-08-01 $249,450 (13.4%) $294,168 (4.5%) 0.00 355
    2018-09-01 $249,900 (11.4%) $296,095 (9.5%) 0.00 347
    2018-10-01 $239,450 (5.4%) $281,639 (3.6%) 0.00 347
    2018-11-01 $231,450 (2.7%) $270,340 (1.5%) 0.00 331
    2018-12-01 $229,900 (4.6%) $265,516 (0.7%) 0.00 292
    2019-01-01 $229,925 (0.9%) $273,339 (3.3%) 0.00 273
    2019-02-01 $237,000 (-3.3%) $275,989 (-0.1%) 0.00 244
    2019-03-01 $234,493 (-6.2%) $278,326 (0.0%) 0.00 264
    2019-04-01 $236,993 (-5.1%) $286,450 (1.2%) 0.00 286
    2019-05-01 $252,950 (1.5%) $301,782 (5.9%) 0.00 307
    2019-06-01 $255,950 (2.8%) $303,603 (6.7%) 0.00 322
    2019-07-01 $259,450 (2.5%) $305,472 (4.9%) 0.00 324
    2019-08-01 $258,536 (3.6%) $305,487 (3.9%) 0.00 320
    2019-09-01 $256,491 (2.6%) $306,070 (3.4%) 0.00 316
    2019-10-01 $255,127 (6.6%) $305,067 (8.3%) 0.00 308
    2019-11-01 $254,900 (10.1%) $312,610 (15.6%) 0.00 265
    2019-12-01 $251,150 (9.2%) $304,905 (14.8%) 0.00 255
    2020-01-01 $252,400 (9.8%) $310,360 (13.5%) 0.00 225
    2020-02-01 $254,900 (7.6%) $311,415 (12.8%) 0.00 225
    2020-03-01 $267,400 (14.0%) $323,138 (16.1%) 0.00 222
    2020-04-01 $267,400 (12.8%) $324,110 (13.2%) 0.00 230
    2020-05-01 $257,400 (1.8%) $307,687 (2.0%) 0.00 226
    2020-06-01 $256,150 (0.1%) $323,975 (6.7%) 0.00 194
    2020-07-01 $254,900 (-1.8%) $329,456 (7.9%) 0.00 181
    2020-08-01 $249,900 (-3.3%) $326,796 (7.0%) 0.00 158
    2020-09-01 $248,950 (-2.9%) $319,346 (4.3%) 0.00 169
    2020-10-01 $245,450 (-3.8%) $296,144 (-2.9%) 0.00 135
    2020-11-01 $239,450 (-6.1%) $294,653 (-5.7%) 0.00 128
    2020-12-01 $226,950 (-9.6%) $274,462 (-10.0%) 0.00 113
    2021-01-01 $226,950 (-10.1%) $271,348 (-12.6%) 0.00 102
    2021-02-01 $227,400 (-10.8%) $288,977 (-7.2%) 0.00 96
    2021-03-01 $229,450 (-14.2%) $313,587 (-3.0%) 0.00 97
    2021-04-01 $226,950 (-15.1%) $322,883 (-0.4%) 0.00 102
    2021-05-01 $229,450 (-10.9%) $317,768 (3.3%) 0.00 99
    2021-06-01 $243,425 (-5.0%) $344,835 (6.4%) 0.00 111
    2021-07-01 $270,000 (5.9%) $376,331 (14.2%) 0.00 110
    2021-08-01 $278,650 (11.5%) $374,446 (14.6%) 0.00 109
    2021-09-01 $276,950 (11.3%) $380,388 (19.1%) 0.00 107
    2021-10-01 $269,900 (10.0%) $362,199 (22.3%) 0.00 103
    2021-11-01 $244,900 (2.3%) $345,297 (17.2%) 0.00 87
    2021-12-01 $246,150 (8.5%) $362,629 (32.1%) 0.00 80
    2022-01-01 $265,000 (16.8%) $375,970 (38.6%) 0.00 61
    2022-02-01 $259,950 (14.3%) $378,448 (31.0%) 0.00 56
    2022-03-01 $282,475 (23.1%) $359,174 (14.5%) 0.00 68
    2022-04-01 $307,450 (35.5%) $406,082 (25.8%) 0.00 66
    2022-05-01 $341,175 (48.7%) $416,830 (31.2%) 0.00 84
    2022-06-01 $351,950 (44.6%) $433,231 (25.6%) 0.00 98
    2022-07-01 $311,400 (15.3%) $391,247 (4.0%) 0.00 126
    2022-08-01 $334,950 (20.2%) $406,005 (8.4%) 0.00 121
    2022-09-01 $347,400 (25.4%) $406,351 (6.8%) 0.00 119
    2022-10-01 $319,900 (18.5%) $384,192 (6.1%) 0.00 128
    2022-11-01 $315,750 (28.9%) $368,254 (6.7%) 0.00 132
    2022-12-01 $299,900 (21.8%) $359,657 (-0.8%) 0.00 122
    2023-01-01 $286,675 (8.2%) $357,792 (-4.8%) 0.00 101
    2023-02-01 $293,225 (12.8%) $361,103 (-4.6%) 0.00 90
    2023-03-01 $324,225 (14.8%) $367,528 (2.3%) 0.00 85
    2023-04-01 $291,000 (-5.4%) $425,961 (4.9%) 0.00 86
    2023-05-01 $304,950 (-10.6%) $462,800 (11.0%) 0.00 86
    2023-06-01 $338,504 (-3.8%) $482,811 (11.4%) 0.00 99
    2023-07-01 $299,900 (-3.7%) $445,683 (13.9%) 0.00 121
    2023-08-01 $319,900 (-4.5%) $445,171 (9.7%) 0.00 126
    2023-09-01 $350,000 (0.8%) $473,779 (16.6%) 0.00 144
    2023-10-01 $357,500 (11.8%) $497,867 (29.6%) 0.00 143
    2023-11-01 $369,725 (17.1%) $495,495 (34.6%) 0.00 146
    2023-12-01 $354,500 (18.2%) $488,501 (35.8%) 0.00 142
    2024-01-01 $348,200 (21.5%) $483,043 (35.0%) 0.00 138
    2024-02-01 $332,225 (13.3%) $486,272 (34.7%) 0.00 130
    2024-03-01 $344,900 (6.4%) $487,200 (32.6%) 0.00 130
    2024-04-01 $352,500 (21.1%) $499,322 (17.2%) 0.00 132
    2024-05-01 $369,925 (21.3%) $505,576 (9.2%) 0.00 125
    2024-06-01 $382,450 (13.0%) $501,369 (3.8%) 0.00 135
    2024-07-01 $379,900 (26.7%) $517,477 (16.1%) 0.00 138
    2024-08-01 $369,900 (15.6%) $482,989 (8.5%) 0.00 153
    2024-09-01 $367,438 (5.0%) $488,732 (3.2%) 0.00 167
    2024-10-01 $343,675 (-3.9%) $482,641 (-3.1%) 0.00 165
    2024-11-01 $349,900 (-5.4%) $481,826 (-2.8%) 0.00 173
    Baraboo's median listing price for 2024-11-01 was $349,900, a difference of $-19,825 (-5.4%) versus the prior year and $6,225 versus the prior month.

    Baraboo's median listing price comes in at 0% of the national average.

    Baraboo's average listing price for 2024-11-01 was $481,826, a difference of $-13,669 (-2.8%) versus the prior year and $-815 versus the prior month.

    For the 2024-11-01 period, Baraboo had 173 MLS listings, a difference of 8 listings (5%) versus the prior month and 27 listings (18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Baraboo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,789 sqft
    2018-02-01 0 days 1,803 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,899 sqft
    2018-05-01 0 days 1,878 sqft
    2018-06-01 0 days 1,874 sqft
    2018-07-01 0 days 1,854 sqft
    2018-08-01 0 days 1,867 sqft
    2018-09-01 0 days 1,900 sqft
    2018-10-01 0 days 1,800 sqft
    2018-11-01 0 days 1,776 sqft
    2018-12-01 0 days 1,778 sqft
    2019-01-01 0 days 1,783 sqft
    2019-02-01 0 days 1,770 sqft
    2019-03-01 0 days 1,705 sqft
    2019-04-01 0 days 1,742 sqft
    2019-05-01 0 days 1,784 sqft
    2019-06-01 0 days 1,784 sqft
    2019-07-01 0 days 1,812 sqft
    2019-08-01 0 days 1,788 sqft
    2019-09-01 0 days 1,795 sqft
    2019-10-01 0 days 1,799 sqft
    2019-11-01 0 days 1,722 sqft
    2019-12-01 0 days 1,720 sqft
    2020-01-01 0 days 1,784 sqft
    2020-02-01 0 days 1,724 sqft
    2020-03-01 0 days 1,803 sqft
    2020-04-01 0 days 1,829 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,752 sqft
    2020-07-01 0 days 1,730 sqft
    2020-08-01 0 days 1,744 sqft
    2020-09-01 0 days 1,724 sqft
    2020-10-01 0 days 1,732 sqft
    2020-11-01 0 days 1,678 sqft
    2020-12-01 0 days 1,600 sqft
    2021-01-01 0 days 1,591 sqft
    2021-02-01 0 days 1,580 sqft
    2021-03-01 0 days 1,674 sqft
    2021-04-01 0 days 1,637 sqft
    2021-05-01 0 days 1,581 sqft
    2021-06-01 0 days 1,708 sqft
    2021-07-01 0 days 1,750 sqft
    2021-08-01 0 days 1,836 sqft
    2021-09-01 0 days 1,885 sqft
    2021-10-01 0 days 1,790 sqft
    2021-11-01 0 days 1,657 sqft
    2021-12-01 0 days 1,735 sqft
    2022-01-01 0 days 1,744 sqft
    2022-02-01 0 days 1,632 sqft
    2022-03-01 0 days 1,590 sqft
    2022-04-01 0 days 1,586 sqft
    2022-05-01 0 days 1,751 sqft
    2022-06-01 0 days 1,800 sqft
    2022-07-01 0 days 1,703 sqft
    2022-08-01 0 days 1,771 sqft
    2022-09-01 0 days 1,785 sqft
    2022-10-01 0 days 1,718 sqft
    2022-11-01 0 days 1,684 sqft
    2022-12-01 0 days 1,653 sqft
    2023-01-01 0 days 1,587 sqft
    2023-02-01 0 days 1,604 sqft
    2023-03-01 0 days 1,616 sqft
    2023-04-01 0 days 1,635 sqft
    2023-05-01 0 days 1,784 sqft
    2023-06-01 0 days 1,829 sqft
    2023-07-01 0 days 1,770 sqft
    2023-08-01 0 days 1,809 sqft
    2023-09-01 0 days 1,869 sqft
    2023-10-01 0 days 1,877 sqft
    2023-11-01 0 days 1,869 sqft
    2023-12-01 0 days 1,803 sqft
    2024-01-01 0 days 1,784 sqft
    2024-02-01 0 days 1,786 sqft
    2024-03-01 0 days 1,784 sqft
    2024-04-01 0 days 1,838 sqft
    2024-05-01 0 days 1,802 sqft
    2024-06-01 0 days 1,852 sqft
    2024-07-01 0 days 1,869 sqft
    2024-08-01 0 days 1,784 sqft
    2024-09-01 0 days 1,791 sqft
    2024-10-01 0 days 1,773 sqft
    2024-11-01 0 days 1,760 sqft
    Baraboo's median listing age (time on market) for 2024-11-01 was 0 days.

    Baraboo's median square footage for active listings during the 2024-11-01 period was 1,760 sqft. One year prior, the average listing was 1,869 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.