RACINE Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Racine averaged 6.77% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.81% and one month ago for the week of 2024-03-07, the average rate was 7.07%.

Racine's average rate one year ago was 6.17%.

For refis of the same type during the week of 2024-04-11, the average rate was 6.68%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Racine 30 Year Fixed Rate 2024-04-11 6.77%
Racine 30 Year Fixed Rate Refi 2024-04-11 6.68%
Racine 15 Year Fixed Rate 2024-04-11 5.96%
Racine 15 Year Fixed Rate Refi 2024-04-11 6.56%
Racine 30 Year FHA 2024-04-11 6.84%
Racine 30 Year FHA Refi 2024-04-11 6.74%
Racine 30 Year USDA 2024-04-11 6.91%
Racine 30 Year USDA Refi 2024-04-11 6.61%
Racine 30 Year VA 2024-04-11 6.61%
Racine 30 Year VA Refi 2024-04-11 6.47%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within RACINE, WI.

RACINE Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the RACINE, WI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
EDUCATORS CREDIT UNION 237 6.26% $1,668
Johnson Bank 162 6.46% $2,505
Landmark Credit Union 90 6.70% $1,990
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 70 6.87% $4,002
Associated Bank 62 6.74% $2,471
QUICKEN LOANS, LLC 60 6.88% $5,935
GUARANTEED RATE, INC. 44 6.77% $4,040
Summit Credit Union 37 6.55% $2,928
GATEWAY MORTGAGE CORPORATION 33 7.01% $2,992
JPMorgan Chase Bank 31 7.05% $3,179
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 29 6.99% $2,881
Barrington Bank & Trust Company, N.A. 27 6.86% $3,403
Bank Five Nine 27 6.57% $3,219
GUILD MORTGAGE COMPANY 24 6.97% $4,754
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 22 6.93% $3,657
University of Wisconsin Credit Union 22 6.31% $3,225
UNITED WHOLESALE MORTGAGE, LLC 21 6.74% $4,542
North Shore Bank FSB 20 6.57% $2,428
GSF Mortgage Corporation 20 6.54% $4,923
Tri City National Bank 18 6.39% $2,764
WISCONSIN MORTGAGE CORPORATION 18 6.73% $3,298
Bank of England 18 6.70% $4,029
A + MORTGAGE SERVICES, INC. 16 6.79% $3,073
CROSSCOUNTRY MORTGAGE, LLC 16 7.11% $4,495
Home State Bank 16 6.89% $3,296
Wells Fargo Bank 16 6.52% $3,569
CARDINAL FINANCIAL 15 6.56% $5,866
U.S. Bank 15 6.67% $2,791
Waukesha State Bank 14 6.19% $2,359
The Huntington National Bank 14 6.85% $3,682
CMG MORTGAGE, INC. 13 6.98% $5,827
NEWREZ LLC 12 6.46% $4,040
Flagstar Bank, FSB 11 7.14% $3,193
MARINE 10 9.17% $5,116
Bell Bank 9 7.15% $3,781
Great Midwest Bank, S.S.B. 9 6.49% $2,925
Prosperity Home Mortgage, LLC 8 6.23% $2,743
Paramount Residential Mortgage Group, Inc. 8 7.30% $6,476
PNC Bank 8 6.55% $3,159
AMERICAN PACIFIC MORTGAGE CORPORATION 8 7.17% $4,946
FIRST CENTENNIAL MORTGAGE CORPORATION 8 6.31% $2,617
BMO Harris Bank 8 7.06% $2,725
BROKER SOLUTIONS, INC. 8 7.37% $5,657
Ixonia Bank 7 7.12% $5,071
PROVIDENT FUNDING ASSOCIATES, L.P. 7 6.59% $2,661
Mr. Cooper ( Nationstar Mortgage ) 6 6.83% $7,755
LOANDEPOT.COM, LLC 6 6.39% $6,409
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 7.42% $6,994
PLANET HOME LENDING, LLC 6 6.90% $4,005
PyraMax Bank, FSB 6 6.88% $2,767
The Equitable Bank, S.S.B. 6 6.38% $2,671
NATIONS RELIABLE LENDING, LLC 6 7.37% $4,401
GUARANTEED RATE AFFINITY, LLC 5 6.40% $3,056
PENNYMAC LOAN SERVICES, LLC 5 6.65% $8,285
Bank First, N.A. 4 7.41% $2,264
NAVY FEDERAL CREDIT UNION 4 6.53% $3,193
Citizens Bank 4 6.81% $2,111
Westbury Bank 4 7.00% $2,119
CONSUMERS COOPERATIVE CREDIT UNION 4 6.88% $3,268
AMERICAN PORTFOLIO MORTGAGE CORPORATION 4 7.56% $3,933
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.84% $2,367
PROPER RATE, LLC 4 6.85% $3,795
THOMPSON KANE & COMPANY, LLC 3 6.92% $4,843
AmeriHome Mortgage Company, LLC 3 6.71% $3,002
FIRST STATE MORTGAGE SERVICES, LLC 3 6.63% $3,741
T2 FINANCIAL LLC 3 7.04% $4,656
Sierra Pacific Mortgage Company, Inc. 3 6.79% $7,379
SECURITYNATIONAL MORTGAGE COMPANY 3 6.71% $3,840
Mortgage Research Center, LLC 3 6.79% $1,145
HOMESIDE FINANCIAL, LLC 3 7.08% $3,040
CHURCHILL MORTGAGE CORPORATION 3 7.04% $3,902
Ally Bank 3 6.25% $2,654
CoVantage Credit Union 3 6.88% $3,084
Old National Bank 2 5.88% $2,909
FREEDOM MORTGAGE CORPORATION 2 7.56% $5,713
AMERICAN FINANCIAL NETWORK, INC. 2 7.00% $4,294
AMERISAVE MORTGAGE CORPORATION 2 6.19% $4,769
V.I.P. MORTGAGE, INC. 2 7.50% $5,773
TOWNE MORTGAGE COMPANY 2 7.12% $6,422
ACADEMY MORTGAGE CORPORATION 2 6.13% $7,259
The Port Washington State Bank 2 6.85% $2,101
The Loan Store, Inc. 2 6.88% $2,047
Fifth Third Bank 2 7.25% $3,658
Carrington Mortgage Services, LLC 2 6.31% $6,104
PRIME FINANCIAL CREDIT UNION 2 6.94% $1,695
COMPEER FINANCIAL, FLCA 2 8.19% $3,312
ZILLOW HOME LOANS, LLC 1 6.75% $5,221
ALAMEDA MORTGAGE CORPORATION 1 7.63% $3,369
ALTRA 1 6.00% $2,205
American Mortgage & Equity Consultants, Inc. 1 6.25% $2,935
Axos Bank 1 6.63% $4,580
Bankers' Bank 1 7.00% $4,177
Bank of America 1 6.00% $3,559
Baxter Credit Union 1 7.00% $2,657
BAY EQUITY LLC 1 6.13% $4,397
BAY-VALLEY MORTGAGE GROUP 1 7.63% $9,999
BOKF 1 7.88% $5,249
CALIBER HOME LOANS, INC. 1 6.99% $2,841
Century Mortgage Company DBA Century Lending Company 1 7.63% $7,045
CHERRY CREEK MORTGAGE, LLC 1 7.00% $489
CIBM Bank 1 8.00% $2,280
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.25% $6,153
DEEPHAVEN MORTGAGE LLC 1 9.75% $5,121
DRAPER AND KRAMER MORTGAGE CORP. 1 6.49% $2,461
Empower Credit Union 1 6.38% $1,871
ENDEAVOR CAPITAL, LLC. 1 7.50% $6,475
First American Bank 1 5.63% $3,114
First Federal Bank 1 7.00% $1,795
FOX COMMUNITIES 1 6.38% $0
GENEVA FINANCIAL, LLC 1 10.00% $11,720
GREENSTATE CREDIT UNION 1 5.63% $2,536
Heritage Bank 1 6.25% $2,016
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.00% $2,454
HOMEXPRESS MORTGAGE CORP. 1 9.38% $7,498
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.99% $3,546
IncredibleBank 1 6.63% $2,917
LAKEVIEW LOAN SERVICING, LLC 1 6.13% $10,338
LAND HOME FINANCIAL SERVICES, INC. 1 7.50% $7,895
Leader Bank 1 7.00% $4,327
LEADERONE FINANCIAL CORPORATION 1 6.13% $3,401
Merchants Bank 1 5.90% $3,707
MLD MORTGAGE INC. 1 7.50% $3,244
Morgan Stanley Private Bank 1 5.30% $2,479
MOVEMENT MORTGAGE, LLC 1 6.99% $3,277
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $2,989
Nations Lending Corporation 1 7.88% $3,191
NexBank 1 6.13% $5,116
North American Savings Bank, F.S.B. 1 9.50% $5,347
Paramount Bank 1 7.50% $3,195
PREMIA MORTGAGE, LLC 1 6.99% $0
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $4,440
ROYAL UNITED MORTGAGE LLC 1 7.50% $4,456
The Federal Savings Bank 1 5.88% $15,591
The Greenwood's State Bank 1 6.88% $1,572
The Park Bank 1 5.75% $1,348
UNION HOME MORTGAGE CORP. 1 7.13% $2,356
Waterstone Mortgage Corporation 1 6.99% $8,808

RACINE Average Closing Costs & Other Stats

RACINE, WI's 137 lenders originated 4,727 loans during 2023. The total origination value was $863,875,000, with an average loan value of $182,753.

RACINE's average closing costs are $3,401.

The top RACINE lender as defined by loan originations is EDUCATORS CREDIT UNION, with 237 loans originated. Their average total fees are $1,668, which is $837 lower than the next largest lender, Johnson Bank.

The lowest fee RACINE lenders (with over 10 loans originated) are EDUCATORS CREDIT UNION ($1,668), Landmark Credit Union ($1,990), Waukesha State Bank ($2,359), North Shore Bank FSB ($2,428) and Associated Bank ($2,471).

The lowest rate RACINE lenders (with over 10 loans originated) are Waukesha State Bank (6.19%), EDUCATORS CREDIT UNION (6.26%), University of Wisconsin Credit Union (6.31%), Tri City National Bank (6.39%) and NEWREZ LLC (6.46%).

RACINE, WI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
EDUCATORS CREDIT UNION $132,755,000 $91,785,000 -30.9% 10.6%
Johnson Bank $93,825,000 $77,090,000 -17.8% 8.9%
Landmark Credit Union $87,765,000 $59,365,000 -32.4% 6.9%
First American Bank $2,180,000 $34,735,000 1,493.3% 4.0%
Summit Credit Union $29,160,000 $31,835,000 9.2% 3.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $40,955,000 $28,595,000 -30.2% 3.3%
QUICKEN LOANS, LLC $38,255,000 $24,370,000 -36.3% 2.8%
Associated Bank $36,070,000 $20,225,000 -43.9% 2.3%
Town Bank, N.A. $3,885,000 $19,005,000 389.2% 2.2%
DMB Community Bank $3,760,000 $18,130,000 382.2% 2.1%
Tri City National Bank $23,900,000 $16,535,000 -30.8% 1.9%
TRUSTONE FINANCIAL FEDERAL CREDIT UNION $8,930,000 $16,100,000 80.3% 1.9%
GUARANTEED RATE, INC. $14,490,000 $14,780,000 2.0% 1.7%
University of Wisconsin Credit Union $13,255,000 $13,475,000 1.7% 1.6%
North Shore Bank FSB $25,365,000 $13,310,000 -47.5% 1.5%
Community State Bank $22,680,000 $12,475,000 -45.0% 1.4%
Mortgage Research Center, LLC $14,495,000 $11,920,000 -17.8% 1.4%
GATEWAY MORTGAGE CORPORATION $14,025,000 $11,300,000 -19.4% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $18,360,000 $11,115,000 -39.5% 1.3%
Bank Five Nine $15,850,000 $10,800,000 -31.9% 1.3%
BMO Harris Bank $16,325,000 $9,775,000 -40.1% 1.1%
Capitol Bank $305,000 $9,025,000 2,859.0% 1.0%
CMG MORTGAGE, INC. $5,970,000 $8,875,000 48.7% 1.0%
JPMorgan Chase Bank $12,780,000 $8,740,000 -31.6% 1.0%
Barrington Bank & Trust Company, N.A. $13,450,000 $8,390,000 -37.6% 1.0%
The Huntington National Bank $5,495,000 $8,300,000 51.0% 1.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $15,610,000 $8,080,000 -48.2% 0.9%
U.S. Bank $11,815,000 $7,750,000 -34.4% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $6,930,000 $7,715,000 11.3% 0.9%
GSF Mortgage Corporation $3,970,000 $7,625,000 92.1% 0.9%
GUILD MORTGAGE COMPANY $510,000 $6,730,000 1,219.6% 0.8%
Great Midwest Bank, S.S.B. $11,335,000 $6,335,000 -44.1% 0.7%
CARDINAL FINANCIAL $2,745,000 $6,085,000 121.7% 0.7%
NEWREZ LLC $13,725,000 $5,950,000 -56.6% 0.7%
Waukesha State Bank $9,370,000 $5,945,000 -36.6% 0.7%
Bank of England $5,275,000 $5,915,000 12.1% 0.7%
A + MORTGAGE SERVICES, INC. $8,815,000 $5,420,000 -38.5% 0.6%
WISCONSIN MORTGAGE CORPORATION $10,635,000 $5,380,000 -49.4% 0.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $8,110,000 $5,375,000 -33.7% 0.6%
PNC Bank $3,760,000 $5,095,000 35.5% 0.6%
Paramount Residential Mortgage Group, Inc. $6,535,000 $5,020,000 -23.2% 0.6%
Wells Fargo Bank $16,065,000 $4,945,000 -69.2% 0.6%
FREEDOM MORTGAGE CORPORATION $6,670,000 $4,845,000 -27.4% 0.6%
Home State Bank $5,965,000 $4,450,000 -25.4% 0.5%
NAVY FEDERAL CREDIT UNION $7,045,000 $4,270,000 -39.4% 0.5%
GREYSTONE SERVICING COMPANY LLC $7,005,000 $4,135,000 -41.0% 0.5%
Flagstar Bank, FSB $6,300,000 $4,045,000 -35.8% 0.5%
AMERICAN PACIFIC MORTGAGE CORPORATION $4,270,000 $3,970,000 -7.0% 0.5%
MARINE $5,470,000 $3,770,000 -31.1% 0.4%
FIRST CENTENNIAL MORTGAGE CORPORATION $9,420,000 $3,580,000 -62.0% 0.4%
PENNYMAC LOAN SERVICES, LLC $4,225,000 $3,505,000 -17.0% 0.4%
Bell Bank $4,390,000 $3,420,000 -22.1% 0.4%
BROKER SOLUTIONS, INC. $6,600,000 $3,420,000 -48.2% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $7,040,000 $3,355,000 -52.3% 0.4%
The Federal Savings Bank $1,120,000 $3,200,000 185.7% 0.4%
Prosperity Home Mortgage, LLC $6,505,000 $3,165,000 -51.3% 0.4%
LOANDEPOT.COM, LLC $9,755,000 $3,105,000 -68.2% 0.4%
Ixonia Bank $590,000 $2,785,000 372.0% 0.3%
PLANET HOME LENDING, LLC $4,420,000 $2,710,000 -38.7% 0.3%
NATIONS RELIABLE LENDING, LLC $2,225,000 $2,495,000 12.1% 0.3%
Citizens Bank $2,870,000 $2,445,000 -14.8% 0.3%
WaterStone Bank, SSB $15,950,000 $2,445,000 -84.7% 0.3%
Old National Bank $12,635,000 $2,370,000 -81.2% 0.3%
Westbury Bank $3,010,000 $2,065,000 -31.4% 0.2%
AMERISAVE MORTGAGE CORPORATION $4,970,000 $1,885,000 -62.1% 0.2%
CIBM Bank $770,000 $1,810,000 135.1% 0.2%
GUARANTEED RATE AFFINITY, LLC $6,355,000 $1,750,000 -72.5% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $2,005,000 $1,750,000 -12.7% 0.2%
USAA Federal Savings Bank $2,035,000 $1,750,000 -14.0% 0.2%
COMPEER FINANCIAL, FLCA $1,705,000 $1,740,000 2.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $650,000 $1,680,000 158.5% 0.2%
MOVEMENT MORTGAGE, LLC $1,665,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $1,575,000 n/a 0.2%
PyraMax Bank, FSB $1,525,000 $1,540,000 1.0% 0.2%
Bank First, N.A. $485,000 $1,480,000 205.2% 0.2%
Nations Lending Corporation $735,000 $1,435,000 95.2% 0.2%
American Mortgage & Equity Consultants, Inc. $3,235,000 $1,430,000 -55.8% 0.2%
ADVIA $755,000 $1,415,000 87.4% 0.2%
AmeriHome Mortgage Company, LLC $700,000 $1,395,000 99.3% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,390,000 n/a 0.2%
The Equitable Bank, S.S.B. $9,840,000 $1,365,000 -86.1% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $985,000 $1,270,000 28.9% 0.1%
Discover Bank $590,000 $1,235,000 109.3% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,300,000 $1,195,000 -48.0% 0.1%
CONSUMERS COOPERATIVE CREDIT UNION $565,000 $1,175,000 108.0% 0.1%
PROPER RATE, LLC $175,000 $1,170,000 568.6% 0.1%
V.I.P. MORTGAGE, INC. $1,155,000 n/a 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $910,000 $1,120,000 23.1% 0.1%
Carrington Mortgage Services, LLC $2,140,000 $1,095,000 -48.8% 0.1%
The Port Washington State Bank $1,090,000 n/a 0.1%
Sierra Pacific Mortgage Company, Inc. $165,000 $1,025,000 521.2% 0.1%
Plains Commerce Bank $75,000 $1,000,000 1,233.3% 0.1%
Abbott Laboratories Employees Credit Union $310,000 $980,000 216.1% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $715,000 $980,000 37.1% 0.1%
T2 FINANCIAL LLC $2,005,000 $970,000 -51.6% 0.1%
HOMESIDE FINANCIAL, LLC $1,435,000 $955,000 -33.4% 0.1%
VILLAGE CAPITAL MORTGAGE $135,000 $955,000 607.4% 0.1%
FIRST STATE MORTGAGE SERVICES, LLC $245,000 $935,000 281.6% 0.1%
Century Mortgage Company DBA Century Lending Company $775,000 $920,000 18.7% 0.1%
Guardian Credit Union $2,085,000 $915,000 -56.1% 0.1%
Hinsdale Bank & Trust Company $895,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $95,000 $890,000 836.8% 0.1%
MID AMERICA MORTGAGE, INC. $2,780,000 $865,000 -68.9% 0.1%
Peoples State Bank $610,000 $865,000 41.8% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $75,000 $850,000 1,033.3% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $345,000 $845,000 144.9% 0.1%
THOMPSON KANE & COMPANY, LLC $925,000 $840,000 -9.2% 0.1%
LENDINGHOME FUNDING CORPORATION $920,000 $805,000 -12.5% 0.1%
ENVOY MORTGAGE, LTD $3,595,000 $745,000 -79.3% 0.1%
TOWNE MORTGAGE COMPANY $760,000 $735,000 -3.3% 0.1%
ENDEAVOR CAPITAL, LLC. $105,000 $720,000 585.7% 0.1%
NEW DAY FINANCIAL, LLC $1,590,000 $720,000 -54.7% 0.1%
PREMIA MORTGAGE, LLC $175,000 $720,000 311.4% 0.1%
ACADEMY MORTGAGE CORPORATION $260,000 $700,000 169.2% 0.1%
KINECTA $505,000 $690,000 36.6% 0.1%
Baxter Credit Union $1,910,000 $685,000 -64.1% 0.1%
Figure Lending LLC $745,000 $670,000 -10.1% 0.1%
NexBank $670,000 n/a 0.1%
Heritage Bank $365,000 $665,000 82.2% 0.1%
The Greenwood's State Bank $13,210,000 $650,000 -95.1% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,030,000 $645,000 -68.2% 0.1%
State Bank of Chilton $1,210,000 $630,000 -47.9% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $2,235,000 $625,000 -72.0% 0.1%
First Federal Bank $805,000 $625,000 -22.4% 0.1%
First-Citizens Bank & Trust Company $1,020,000 $620,000 -39.2% 0.1%
CHERRY CREEK MORTGAGE, LLC $5,850,000 $610,000 -89.6% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,195,000 $610,000 -49.0% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $605,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $1,410,000 $605,000 -57.1% 0.1%
OCMBC, INC. $310,000 $605,000 95.2% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $1,640,000 $600,000 -63.4% 0.1%
EVERETT FINANCIAL, INC. $580,000 $570,000 -1.7% 0.1%
TRIAD FINANCIAL SERVICES, INC. $215,000 $560,000 160.5% 0.1%
Ally Bank $1,200,000 $545,000 -54.6% 0.1%
AMERICAN HERITAGE LENDING, INC. $220,000 $545,000 147.7% 0.1%
LIMA ONE CAPITAL, LLC $700,000 $535,000 -23.6% 0.1%
BETTER MORTGAGE CORPORATION $1,355,000 $530,000 -60.9% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $2,580,000 $530,000 -79.5% 0.1%
Morgan Stanley Private Bank $1,095,000 $515,000 -53.0% 0.1%
Bank of America $2,130,000 $500,000 -76.5% 0.1%
Fifth Third Bank $480,000 n/a 0.1%
Self-Help Federal Credit Union $185,000 $480,000 159.5% 0.1%
Collins State Bank $475,000 n/a 0.1%
Logan Finance Corporation $455,000 n/a 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $445,000 n/a 0.1%
American Airlines Federal Credit Union $440,000 n/a 0.1%
CoVantage Credit Union $420,000 $435,000 3.6% 0.1%
Fortifi Bank $415,000 n/a 0.0%
Schaumburg Bank & Trust $415,000 n/a 0.0%
First Community Bank $405,000 n/a 0.0%
SPRING EQ, LLC $490,000 $395,000 -19.4% 0.0%
Ameris Bank $390,000 n/a 0.0%
North Shore Trust and Savings $390,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $465,000 $390,000 -16.1% 0.0%
Merchants Bank $305,000 $385,000 26.2% 0.0%
BNC National Bank $455,000 $375,000 -17.6% 0.0%
MLD MORTGAGE INC. $375,000 n/a 0.0%
National Exchange Bank and Trust $1,070,000 $360,000 -66.4% 0.0%
GENEVA FINANCIAL, LLC $355,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $135,000 $350,000 159.3% 0.0%
The Loan Store, Inc. $350,000 n/a 0.0%
Magnolia Bank $345,000 n/a 0.0%
PRIME FINANCIAL CREDIT UNION $620,000 $345,000 -44.4% 0.0%
TOP FLITE FINANCIAL, INC. $340,000 n/a 0.0%
Paramount Bank $255,000 $325,000 27.5% 0.0%
UNION HOME MORTGAGE CORP. $965,000 $325,000 -66.3% 0.0%
Regions Bank $315,000 n/a 0.0%
Bankers' Bank $310,000 n/a 0.0%
Coastal Community Bank $300,000 n/a 0.0%
ALTRA $295,000 n/a 0.0%
NORTHWESTERN MUTUAL $1,170,000 $280,000 -76.1% 0.0%
CLEARPATH LENDING $275,000 n/a 0.0%
Empower Credit Union $1,735,000 $275,000 -84.1% 0.0%
FOX COMMUNITIES $295,000 $275,000 -6.8% 0.0%
SILVER HILL FUNDING, LLC $1,125,000 $265,000 -76.4% 0.0%
Northwestern Bank $255,000 n/a 0.0%
Republic Bank of Chicago $65,000 $250,000 284.6% 0.0%
Waterstone Mortgage Corporation $2,755,000 $245,000 -91.1% 0.0%
PLAZA HOME MORTGAGE, INC. $690,000 $235,000 -65.9% 0.0%
ROYAL UNITED MORTGAGE LLC $1,165,000 $225,000 -80.7% 0.0%
FINANCE OF AMERICA REVERSE LLC $220,000 n/a 0.0%
Bay Bank $215,000 n/a 0.0%
PACIFIC RESIDENTIAL MORTGAGE, LLC $215,000 n/a 0.0%
AXIA FINANCIAL, LLC $3,885,000 $205,000 -94.7% 0.0%
Colonial Savings, F.A. $205,000 n/a 0.0%
GREENSTATE CREDIT UNION $795,000 $200,000 -74.8% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $75,000 $195,000 160.0% 0.0%
Axos Bank $195,000 n/a 0.0%
BECKAM FUNDING CORP. $195,000 n/a 0.0%
BOKF $405,000 $195,000 -51.9% 0.0%
IncredibleBank $195,000 n/a 0.0%
NEXERA HOLDING LLC $195,000 n/a 0.0%
COMMUNITY TRUST $185,000 n/a 0.0%
First Savings Bank $330,000 $185,000 -43.9% 0.0%
North American Savings Bank, F.S.B. $185,000 n/a 0.0%
AMERITRUST MORTGAGE CORPORATION $175,000 n/a 0.0%
AMWEST FUNDING CORP. $410,000 $175,000 -57.3% 0.0%
BAY-VALLEY MORTGAGE GROUP $175,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $175,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $855,000 $170,000 -80.1% 0.0%
BAY EQUITY LLC $420,000 $165,000 -60.7% 0.0%
Firefighters First Federal Credit Union $165,000 n/a 0.0%
Leader Bank $165,000 n/a 0.0%
Liberty Bank and Trust Company $165,000 n/a 0.0%
ALAMEDA MORTGAGE CORPORATION $155,000 n/a 0.0%
City Bank $155,000 n/a 0.0%
DAS Acquisition Company, LLC $155,000 n/a 0.0%
GREAT LAKES $810,000 $150,000 -81.5% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $145,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $145,000 n/a 0.0%
LENDINGONE, LLC $145,000 n/a 0.0%
LOANPAL, LLC $235,000 $145,000 -38.3% 0.0%
Citadel Servicing Corporation $135,000 n/a 0.0%
LENDSURE MORTGAGE CORP. $135,000 n/a 0.0%
Capital Bank $125,000 n/a 0.0%
The Park Bank $125,000 n/a 0.0%
UNIVERSITY CREDIT UNION $125,000 n/a 0.0%
CALIBER HOME LOANS, INC. $3,870,000 $115,000 -97.0% 0.0%
DIRECT MORTGAGE LOANS, LLC $115,000 n/a 0.0%
PHH Mortgage Corporation $125,000 $115,000 -8.0% 0.0%
MORTGAGE CENTER L.C $350,000 $110,000 -68.6% 0.0%
STAR USA FEDERAL CREDIT UNION $105,000 n/a 0.0%
The Harvard State Bank $1,230,000 $105,000 -91.5% 0.0%
Connexus Credit Union $95,000 n/a 0.0%
21ST MORTGAGE CORPORATION $35,000 $90,000 157.1% 0.0%
Farmers & Merchants State Bank $85,000 n/a 0.0%
ALLIANT CREDIT UNION $365,000 $75,000 -79.5% 0.0%
Centier Bank $35,000 $75,000 114.3% 0.0%
N R L Federal Credit Union $75,000 n/a 0.0%
TOWER $75,000 n/a 0.0%
Mound City Bank $65,000 n/a 0.0%
CAPITAL Credit Union $405,000 $45,000 -88.9% 0.0%
WINGS FINANCIAL $45,000 n/a 0.0%
THRIVENT Federal Credit Union $400,000 $35,000 -91.3% 0.0%
Blackhawk Community Credit Union $1,605,000 $25,000 -98.4% 0.0%
First Community Credit Union $180,000 $25,000 -86.1% 0.0%

RACINE's top lender by overall market share is EDUCATORS CREDIT UNION, with 10.6% market share. In second place, with 8.9%, is Johnson Bank, having originated $77,090,000 in loans. In third place, with 6.9%, is Landmark Credit Union, having originated $59,365,000 in loans. In fourth place, with 4.0%, is First American Bank, having originated $34,735,000 in loans. In fifth place, with 3.7%, is Summit Credit Union, having originated $31,835,000 in loans.


RACINE Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - RACINE (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 $180,700 (9.5%) $234,684 (5.6%) 0.67 546
2018-02-01 $190,950 (14.9%) $237,575 (6.9%) 0.69 529
2018-03-01 $199,900 (9.9%) $246,275 (7.6%) 0.70 551
2018-04-01 $218,700 (12.2%) $255,336 (9.8%) 0.74 582
2018-05-01 $229,450 (14.8%) $261,007 (8.2%) 0.77 631
2018-06-01 $239,900 (19.5%) $270,305 (11.0%) 0.80 667
2018-07-01 $235,750 (17.9%) $268,046 (9.6%) 0.79 698
2018-08-01 $227,000 (13.8%) $266,103 (8.4%) 0.76 767
2018-09-01 $229,900 (10.0%) $268,453 (8.9%) 0.77 795
2018-10-01 $225,950 (19.0%) $266,165 (8.8%) 0.77 796
2018-11-01 $222,400 (18.6%) $266,792 (11.0%) 0.75 753
2018-12-01 $210,000 (16.7%) $258,952 (11.1%) 0.72 669
2019-01-01 $199,950 (10.7%) $257,494 (9.7%) 0.69 587
2019-02-01 $228,450 (19.6%) $277,973 (17.0%) 0.77 552
2019-03-01 $228,243 (14.2%) $280,813 (14.0%) 0.75 598
2019-04-01 $244,900 (12.0%) $298,569 (16.9%) 0.78 662
2019-05-01 $254,475 (10.9%) $309,779 (18.7%) 0.80 708
2019-06-01 $239,200 (-0.3%) $295,002 (9.1%) 0.75 760
2019-07-01 $229,950 (-2.5%) $290,090 (8.2%) 0.72 807
2019-08-01 $229,655 (1.2%) $288,245 (8.3%) 0.73 824
2019-09-01 $229,286 (-0.3%) $287,268 (7.0%) 0.73 822
2019-10-01 $226,950 (0.4%) $286,104 (7.5%) 0.73 821
2019-11-01 $215,000 (-3.3%) $278,364 (4.3%) 0.70 777
2019-12-01 $209,800 (-0.1%) $275,950 (6.6%) 0.70 642
2020-01-01 $210,000 (5.0%) $279,472 (8.5%) 0.70 579
2020-02-01 $209,900 (-8.1%) $280,324 (0.9%) 0.69 583
2020-03-01 $234,925 (2.9%) $295,867 (5.4%) 0.74 615
2020-04-01 $233,075 (-4.8%) $274,778 (-8.0%) 0.73 623
2020-05-01 $240,450 (-5.5%) $282,504 (-8.8%) 0.73 632
2020-06-01 $245,975 (2.8%) $284,125 (-3.7%) 0.72 663
2020-07-01 $250,000 (8.7%) $306,814 (5.8%) 0.72 685
2020-08-01 $248,000 (8.0%) $301,486 (4.6%) 0.71 682
2020-09-01 $239,950 (4.7%) $299,797 (4.4%) 0.69 671
2020-10-01 $229,900 (1.3%) $290,950 (1.7%) 0.66 660
2020-11-01 $209,950 (-2.4%) $285,097 (2.4%) 0.61 589
2020-12-01 $199,944 (-4.7%) $281,649 (2.1%) 0.59 489
2021-01-01 $209,900 (-0.1%) $282,659 (1.1%) 0.63 410
2021-02-01 $219,900 (4.8%) $291,380 (3.9%) 0.64 393
2021-03-01 $225,000 (-4.2%) $303,975 (2.7%) 0.64 373
2021-04-01 $242,000 (3.8%) $311,851 (13.5%) 0.66 394
2021-05-01 $249,900 (3.9%) $318,593 (12.8%) 0.66 486
2021-06-01 $254,225 (3.4%) $319,808 (12.6%) 0.67 571
2021-07-01 $249,900 (0.0%) $322,261 (5.0%) 0.66 556
2021-08-01 $246,750 (-0.5%) $317,383 (5.3%) 0.66 625
2021-09-01 $242,450 (1.0%) $311,264 (3.8%) 0.65 699
2021-10-01 $239,900 (4.4%) $312,262 (7.3%) 0.64 665
2021-11-01 $235,000 (11.9%) $303,600 (6.5%) 0.63 582
2021-12-01 $239,950 (20.0%) $311,232 (10.5%) 0.65 458
2022-01-01 $229,950 (9.6%) $316,786 (12.1%) 0.62 337
2022-02-01 $249,950 (13.7%) $340,955 (17.0%) 0.65 302
2022-03-01 $252,450 (12.2%) $345,659 (13.7%) 0.63 293
2022-04-01 $244,500 (1.0%) $343,560 (10.2%) 0.58 361
2022-05-01 $274,200 (9.7%) $348,687 (9.5%) 0.63 432
2022-06-01 $291,200 (14.5%) $360,235 (12.6%) 0.65 536
2022-07-01 $298,000 (19.3%) $367,459 (14.0%) 0.67 572
2022-08-01 $284,925 (15.5%) $357,084 (12.5%) 0.66 588
2022-09-01 $277,500 (14.5%) $354,751 (14.0%) 0.65 556
2022-10-01 $284,900 (18.8%) $358,125 (14.7%) 0.67 557
2022-11-01 $287,450 (22.3%) $354,963 (16.9%) 0.69 500
2022-12-01 $299,900 (25.0%) $356,779 (14.6%) 0.74 403
2023-01-01 $315,500 (37.2%) $357,587 (12.9%) 0.78 343
2023-02-01 $302,425 (21.0%) $360,462 (5.7%) 0.73 343
2023-03-01 $336,950 (33.5%) $373,939 (8.2%) 0.79 316
2023-04-01 $350,000 (43.2%) $390,778 (13.7%) 0.81 335
2023-05-01 $349,925 (27.6%) $388,975 (11.6%) 0.79 351
2023-06-01 $329,900 (13.3%) $379,592 (5.4%) 0.74 378
2023-07-01 $349,900 (17.4%) $384,670 (4.7%) 0.80 407
2023-08-01 $349,950 (22.8%) $389,311 (9.0%) 0.80 397
2023-09-01 $352,450 (27.0%) $409,717 (15.5%) 0.82 416
2023-10-01 $347,200 (21.9%) $404,783 (13.0%) 0.82 423
2023-11-01 $340,975 (18.6%) $402,043 (13.3%) 0.81 413
2023-12-01 $334,000 (11.4%) $383,499 (7.5%) 0.81 366
2024-01-01 $335,700 (6.4%) $377,368 (5.5%) 0.82 322
2024-02-01 $345,950 (14.4%) $376,873 (4.6%) 0.83 323
2024-03-01 $348,000 (3.3%) $389,624 (4.2%) 0.82 298
RACINE's median listing price for 2024-03-01 was $348,000, a difference of $11,050 (3.3%) versus the prior year and $2,050 versus the prior month.

RACINE's median listing price comes in at 82% of the national average.

RACINE's average listing price for 2024-03-01 was $389,624, a difference of $15,685 (4.2%) versus the prior year and $12,751 versus the prior month.

For the 2024-03-01 period, RACINE had 298 MLS listings, a difference of -25 listings (-8%) versus the prior month and -18 listings (-6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - RACINE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 72 days 1,622 sqft
2018-02-01 68 days 1,633 sqft
2018-03-01 45 days 1,642 sqft
2018-04-01 33 days 1,695 sqft
2018-05-01 36 days 1,651 sqft
2018-06-01 36 days 1,669 sqft
2018-07-01 39 days 1,634 sqft
2018-08-01 38 days 1,620 sqft
2018-09-01 40 days 1,660 sqft
2018-10-01 45 days 1,669 sqft
2018-11-01 49 days 1,676 sqft
2018-12-01 59 days 1,632 sqft
2019-01-01 77 days 1,565 sqft
2019-02-01 72 days 1,611 sqft
2019-03-01 56 days 1,645 sqft
2019-04-01 39 days 1,675 sqft
2019-05-01 39 days 1,767 sqft
2019-06-01 38 days 1,736 sqft
2019-07-01 40 days 1,709 sqft
2019-08-01 44 days 1,734 sqft
2019-09-01 46 days 1,736 sqft
2019-10-01 47 days 1,738 sqft
2019-11-01 52 days 1,734 sqft
2019-12-01 67 days 1,719 sqft
2020-01-01 75 days 1,700 sqft
2020-02-01 66 days 1,702 sqft
2020-03-01 43 days 1,746 sqft
2020-04-01 41 days 1,744 sqft
2020-05-01 46 days 1,742 sqft
2020-06-01 43 days 1,730 sqft
2020-07-01 39 days 1,791 sqft
2020-08-01 36 days 1,729 sqft
2020-09-01 36 days 1,685 sqft
2020-10-01 37 days 1,637 sqft
2020-11-01 40 days 1,604 sqft
2020-12-01 45 days 1,596 sqft
2021-01-01 49 days 1,590 sqft
2021-02-01 40 days 1,600 sqft
2021-03-01 37 days 1,618 sqft
2021-04-01 31 days 1,612 sqft
2021-05-01 23 days 1,678 sqft
2021-06-01 29 days 1,717 sqft
2021-07-01 30 days 1,674 sqft
2021-08-01 30 days 1,667 sqft
2021-09-01 34 days 1,666 sqft
2021-10-01 36 days 1,627 sqft
2021-11-01 43 days 1,597 sqft
2021-12-01 53 days 1,608 sqft
2022-01-01 59 days 1,618 sqft
2022-02-01 43 days 1,629 sqft
2022-03-01 28 days 1,665 sqft
2022-04-01 28 days 1,634 sqft
2022-05-01 25 days 1,653 sqft
2022-06-01 23 days 1,667 sqft
2022-07-01 30 days 1,691 sqft
2022-08-01 34 days 1,677 sqft
2022-09-01 37 days 1,675 sqft
2022-10-01 36 days 1,648 sqft
2022-11-01 43 days 1,614 sqft
2022-12-01 51 days 1,590 sqft
2023-01-01 54 days 1,562 sqft
2023-02-01 43 days 1,582 sqft
2023-03-01 43 days 1,615 sqft
2023-04-01 35 days 1,655 sqft
2023-05-01 33 days 1,690 sqft
2023-06-01 31 days 1,688 sqft
2023-07-01 32 days 1,720 sqft
2023-08-01 35 days 1,723 sqft
2023-09-01 32 days 1,692 sqft
2023-10-01 31 days 1,672 sqft
2023-11-01 35 days 1,698 sqft
2023-12-01 46 days 1,626 sqft
2024-01-01 56 days 1,616 sqft
2024-02-01 44 days 1,632 sqft
2024-03-01 37 days 1,622 sqft
RACINE's median listing age (time on market) for 2024-03-01 was 37 days. This is -14% shorter than the same period one year ago.

RACINE's median square footage for active listings during the 2024-03-01 period was 1,622 sqft. One year prior, the average listing was 1,615 sqft.

RACINE, WI Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
53105 Racine, WI MSA $710 $810 $1,070 $1,390 $1,560
53108 Racine, WI MSA $650 $750 $970 $1,260 $1,420
53120 Racine, WI MSA $800 $910 $1,190 $1,550 $1,740
53126 Racine, WI MSA $720 $820 $1,080 $1,410 $1,580
53138 Racine, WI MSA $680 $780 $1,020 $1,330 $1,490
53139 Racine, WI MSA $810 $920 $1,210 $1,580 $1,770
53144 Racine, WI MSA $800 $910 $1,190 $1,550 $1,740
53149 Racine, WI MSA $760 $910 $1,090 $1,370 $1,500
53150 Racine, WI MSA $900 $1,070 $1,290 $1,620 $1,770
53167 Racine, WI MSA $720 $820 $1,070 $1,390 $1,560
53177 Racine, WI MSA $730 $830 $1,090 $1,420 $1,590
53182 Racine, WI MSA $710 $810 $1,070 $1,390 $1,560
53185 Racine, WI MSA $800 $910 $1,190 $1,550 $1,740
53401 Racine, WI MSA $680 $780 $1,020 $1,330 $1,490
53402 Racine, WI MSA $690 $790 $1,030 $1,340 $1,500
53403 Racine, WI MSA $680 $770 $1,010 $1,320 $1,480
53404 Racine, WI MSA $640 $720 $950 $1,240 $1,390
53405 Racine, WI MSA $730 $830 $1,090 $1,420 $1,590
53406 Racine, WI MSA $690 $790 $1,030 $1,340 $1,500
53408 Racine, WI MSA $680 $780 $1,020 $1,330 $1,490

2022 Average & Median Rent Data Statistics
RACINE, WI average 1BR rent: $836, median: $815
RACINE, WI average 2BR rent: $1,084, median: $1,070
RACINE, WI average 3BR rent: $1,407, median: $1,390

RACINE, WI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,157 $570,665,000 $264,564
Other 972 $60,130,000 $61,862
Cash Out Refi 703 $104,675,000 $148,898
Home Improvement 553 $44,175,000 $79,882
Refi 342 $84,230,000 $246,287

Racine's most frequently cited loan purpose was Home Purchase, with 2,157 originations. The 2nd most popular reason was Other, with 972 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,394 $297,840,000 $213,659
7-8% 1,189 $237,355,000 $199,626
Over 8% 849 $84,765,000 $99,841
5-6% 656 $128,690,000 $196,174
4-5% 202 $15,010,000 $74,307
3-4% 194 $14,970,000 $77,165
<2.5% 118 $11,370,000 $96,356
2.5-3% 20 $2,280,000 $114,000

During 2023, Racine's most frequently originated rate bucket was 6-7%, with 1,394 originations.

Loan Sizing (RACINE, WI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,893 $91,635,000 $48,407
$100k-200k 1,390 $204,340,000 $147,007
$200k-400k 1,130 $310,070,000 $274,398
$400k-600k 229 $105,555,000 $460,939
$600k-1000k 62 $44,860,000 $723,548
$Over $1MM 23 $107,415,000 $4,670,217

RACINE's loan sizing saw the bucket of loans from $100,000 or less with 1,893 originations, totaling $91,635,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,412 $352,580,000 $249,703
Under 20% 1,159 $46,565,000 $40,177
60-80% 815 $216,765,000 $265,969
20-40% 787 $76,185,000 $96,804
40-60% 372 $76,330,000 $205,188
Over 100% 29 $15,215,000 $524,655

RACINE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,412 originations, totaling $352,580,000 in origination value.