Wisconsin Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Wisconsin averaged
6.88%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.87% and
one month ago for the week of 2023-08-17, the
average rate was 6.48%.
Wisconsin's average rate one year ago was 5.61%.
For refis of the same type during the week of 2023-09-21, the average rate
was 6.28%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Wisconsin 30 Year Fixed Rate | 2023-09-21 | 6.88% |
| Wisconsin 30 Year Fixed Rate Refi | 2023-09-21 | 6.28% |
| Wisconsin 15 Year Fixed Rate | 2023-09-21 | 6.25% |
| Wisconsin 15 Year Fixed Rate Refi | 2023-09-21 | 5.1% |
| Wisconsin 30 Year FHA | 2023-09-21 | 6.68% |
| Wisconsin 30 Year FHA Refi | 2023-09-21 | 5.58% |
| Wisconsin 30 Year USDA | 2023-09-21 | 6.57% |
| Wisconsin 30 Year USDA Refi | 2023-09-21 | 7.22% |
| Wisconsin 30 Year VA | 2023-09-21 | 6.77% |
| Wisconsin 30 Year VA Refi | 2023-09-21 | 4.93% |
Wisconsin 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 Wisconsin 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.).
Wisconsin Average Closing Costs & Other Stats
Wisconsin's 547 lenders originated 174,200
loans during 2022. The total origination value was $38,102,030,000, with an average loan value of
$218,726.
Wisconsin's average closing costs are $3,167.
The top Wisconsin lender as defined by loan originations is Summit Credit Union, with
2,730 loans originated. Their average total fees are
$2,633, which is $235
lower than the next largest lender,
University of Wisconsin Credit Union.
The lowest fee Wisconsin lenders (with over 10 loans originated) are
Discover Bank ($0), Royal Credit Union ($237), FOX COMMUNITIES ($898), CHERRY CREEK MORTGAGE, LLC ($949) and PCM ($1,156).
The lowest rate Wisconsin lenders (with over 10 loans originated) are
First Midwest Bank (3.09%), Charles Schwab Bank, SSB (3.26%), Chicago Mortgage Solutions LLC (3.39%), GREAT LAKES (3.53%) and Deere Employees Credit Union (3.53%).
Wisconsin 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Summit Credit Union | $2,658,275,000 | $1,759,865,000 | -33.8% | 4.6% |
| University of Wisconsin Credit Union | $2,386,585,000 | $1,476,505,000 | -38.1% | 3.9% |
| Associated Bank | $2,417,735,000 | $1,457,060,000 | -39.7% | 3.8% |
| Landmark Credit Union | $1,807,770,000 | $1,158,810,000 | -35.9% | 3.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,743,135,000 | $1,024,905,000 | -41.2% | 2.7% |
| QUICKEN LOANS, LLC | $2,241,090,000 | $908,855,000 | -59.4% | 2.4% |
| Johnson Bank | $1,604,570,000 | $888,720,000 | -44.6% | 2.3% |
| U.S. Bank | $1,618,535,000 | $839,705,000 | -48.1% | 2.2% |
| Community First Credit Union | $725,615,000 | $698,190,000 | -3.8% | 1.8% |
| Nicolet National Bank | $842,260,000 | $630,965,000 | -25.1% | 1.7% |
| BMO Harris Bank | $661,855,000 | $591,275,000 | -10.7% | 1.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,001,630,000 | $587,030,000 | -41.4% | 1.5% |
| Royal Credit Union | $810,330,000 | $520,800,000 | -35.7% | 1.4% |
| Wells Fargo Bank | $1,567,195,000 | $502,680,000 | -67.9% | 1.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $558,260,000 | $490,345,000 | -12.2% | 1.3% |
| EDUCATORS CREDIT UNION | $730,020,000 | $485,705,000 | -33.5% | 1.3% |
| WALKER & DUNLOP, LLC | $485,370,000 | $475,350,000 | -2.1% | 1.2% |
| Old National Bank | $608,985,000 | $474,285,000 | -22.1% | 1.2% |
| FOX COMMUNITIES | $485,860,000 | $393,385,000 | -19.0% | 1.0% |
| JPMorgan Chase Bank | $843,720,000 | $388,770,000 | -53.9% | 1.0% |
| Bank First, N.A. | $642,340,000 | $380,815,000 | -40.7% | 1.0% |
| Bank Five Nine | $590,655,000 | $379,585,000 | -35.7% | 1.0% |
| CoVantage Credit Union | $643,340,000 | $371,930,000 | -42.2% | 1.0% |
| Waukesha State Bank | $391,305,000 | $349,885,000 | -10.6% | 0.9% |
| INLANTA MORTGAGE, INC. | $866,365,000 | $348,535,000 | -59.8% | 0.9% |
| Barrington Bank & Trust Company, N.A. | $818,315,000 | $333,340,000 | -59.3% | 0.9% |
| Mortgage Research Center, LLC | $445,180,000 | $326,545,000 | -26.6% | 0.9% |
| Oregon Community Bank | $308,205,000 | $320,825,000 | 4.1% | 0.8% |
| North Shore Bank FSB | $371,975,000 | $315,120,000 | -15.3% | 0.8% |
| ALTRA | $505,945,000 | $313,175,000 | -38.1% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $330,840,000 | $291,400,000 | -11.9% | 0.8% |
| CAPITAL Credit Union | $296,570,000 | $291,325,000 | -1.8% | 0.8% |
| THOMPSON KANE & COMPANY, LLC | $359,595,000 | $281,195,000 | -21.8% | 0.7% |
| Prosperity Home Mortgage, LLC | $417,640,000 | $275,205,000 | -34.1% | 0.7% |
| State Bank of Cross Plains | $339,570,000 | $263,925,000 | -22.3% | 0.7% |
| GUARANTEED RATE, INC. | $673,990,000 | $262,785,000 | -61.0% | 0.7% |
| Great Midwest Bank, S.S.B. | $392,120,000 | $261,980,000 | -33.2% | 0.7% |
| NEWREZ LLC | $592,275,000 | $261,935,000 | -55.8% | 0.7% |
| Monona Bank | $250,835,000 | $248,025,000 | -1.1% | 0.7% |
| LOANDEPOT.COM, LLC | $601,680,000 | $244,335,000 | -59.4% | 0.6% |
| The Park Bank | $424,360,000 | $242,135,000 | -42.9% | 0.6% |
| DMB Community Bank | $183,830,000 | $232,650,000 | 26.6% | 0.6% |
| A + MORTGAGE SERVICES, INC. | $477,415,000 | $226,630,000 | -52.5% | 0.6% |
| WESTconsin Credit Union | $383,830,000 | $225,580,000 | -41.2% | 0.6% |
| WaterStone Bank, SSB | $119,565,000 | $214,995,000 | 79.8% | 0.6% |
| Tri City National Bank | $186,875,000 | $214,500,000 | 14.8% | 0.6% |
| Town Bank, N.A. | $55,065,000 | $206,150,000 | 274.4% | 0.5% |
| Bell Bank | $375,135,000 | $201,240,000 | -46.4% | 0.5% |
| The Huntington National Bank | $151,865,000 | $169,900,000 | 11.9% | 0.4% |
| Waterstone Mortgage Corporation | $349,305,000 | $167,790,000 | -52.0% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $361,015,000 | $167,170,000 | -53.7% | 0.4% |
| VERVE, A CREDIT UNION | $288,935,000 | $165,865,000 | -42.6% | 0.4% |
| Grandbridge Real Estate Capital LLC | $165,220,000 | n/a | 0.4% | |
| Bank of England | $256,980,000 | $159,325,000 | -38.0% | 0.4% |
| PNC Bank | $295,470,000 | $159,310,000 | -46.1% | 0.4% |
| National Exchange Bank and Trust | $283,340,000 | $159,130,000 | -43.8% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $828,795,000 | $156,455,000 | -81.1% | 0.4% |
| The Port Washington State Bank | $191,730,000 | $155,740,000 | -18.8% | 0.4% |
| Bremer Bank | $147,110,000 | $154,440,000 | 5.0% | 0.4% |
| Citizens State Bank of La Crosse | $102,880,000 | $149,595,000 | 45.4% | 0.4% |
| MARINE | $130,285,000 | $147,605,000 | 13.3% | 0.4% |
| WISCONSIN MORTGAGE CORPORATION | $291,670,000 | $147,080,000 | -49.6% | 0.4% |
| GUILD MORTGAGE COMPANY | $236,560,000 | $142,305,000 | -39.8% | 0.4% |
| The Equitable Bank, S.S.B. | $404,410,000 | $140,450,000 | -65.3% | 0.4% |
| Flagstar Bank, FSB | $365,985,000 | $137,775,000 | -62.4% | 0.4% |
| Merchants Bank | $162,530,000 | $136,985,000 | -15.7% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $339,910,000 | $135,975,000 | -60.0% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $247,845,000 | $130,205,000 | -47.5% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $312,720,000 | $129,335,000 | -58.6% | 0.3% |
| Bank of Sun Prairie | $132,455,000 | $128,735,000 | -2.8% | 0.3% |
| CHERRY CREEK MORTGAGE, LLC | $239,005,000 | $126,200,000 | -47.2% | 0.3% |
| Peoples State Bank | $124,395,000 | n/a | 0.3% | |
| CMG MORTGAGE, INC. | $243,515,000 | $122,955,000 | -49.5% | 0.3% |
| BROKER SOLUTIONS, INC. | $193,140,000 | $111,665,000 | -42.2% | 0.3% |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION | $116,095,000 | $109,825,000 | -5.4% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $278,355,000 | $108,990,000 | -60.8% | 0.3% |
| COMPEER FINANCIAL, FLCA | $176,710,000 | $107,395,000 | -39.2% | 0.3% |
| Capitol Bank | $112,010,000 | $105,780,000 | -5.6% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $133,355,000 | $103,770,000 | -22.2% | 0.3% |
| Ixonia Bank | $176,765,000 | $103,055,000 | -41.7% | 0.3% |
| Merchants Bank of Indiana | $3,830,000 | $101,410,000 | 2,547.8% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $83,120,000 | $99,975,000 | 20.3% | 0.3% |
| Blackhawk Community Credit Union | $177,425,000 | $96,745,000 | -45.5% | 0.3% |
| Nations Lending Corporation | $22,260,000 | $96,390,000 | 333.0% | 0.3% |
| GATEWAY MORTGAGE CORPORATION | $232,910,000 | $96,215,000 | -58.7% | 0.3% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $282,835,000 | $95,830,000 | -66.1% | 0.3% |
| Kohler Credit Union | $88,630,000 | $95,805,000 | 8.1% | 0.3% |
| Forward Bank | $146,780,000 | $93,710,000 | -36.2% | 0.2% |
| Horicon Bank | $182,570,000 | $93,095,000 | -49.0% | 0.2% |
| Bank of America | $140,145,000 | $92,785,000 | -33.8% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $119,780,000 | $92,515,000 | -22.8% | 0.2% |
| Morgan Stanley Private Bank | $65,020,000 | $89,145,000 | 37.1% | 0.2% |
| River Bank | $163,865,000 | $88,040,000 | -46.3% | 0.2% |
| ENVOY MORTGAGE, LTD | $108,760,000 | $87,740,000 | -19.3% | 0.2% |
| Bank of Luxemburg | $96,990,000 | $87,250,000 | -10.0% | 0.2% |
| Servion, Inc. | $242,050,000 | $86,245,000 | -64.4% | 0.2% |
| The Bank of New Glarus | $158,820,000 | $84,835,000 | -46.6% | 0.2% |
| The First National Bank and Trust Company | $163,295,000 | $84,710,000 | -48.1% | 0.2% |
| IncredibleBank | $127,510,000 | $84,225,000 | -33.9% | 0.2% |
| Citizens Community Federal | $204,915,000 | $82,400,000 | -59.8% | 0.2% |
| PLANET HOME LENDING, LLC | $127,875,000 | $82,265,000 | -35.7% | 0.2% |
| Metropolitan Life Insurance Co | $79,005,000 | n/a | 0.2% | |
| DUPACO COMMUNITY | $83,160,000 | $78,515,000 | -5.6% | 0.2% |
| CALIBER HOME LOANS, INC. | $271,025,000 | $77,530,000 | -71.4% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $104,270,000 | $74,265,000 | -28.8% | 0.2% |
| Citizens Bank | $145,605,000 | $73,870,000 | -49.3% | 0.2% |
| Hometown Bank | $174,745,000 | $73,490,000 | -57.9% | 0.2% |
| CIBC Bank USA | $59,895,000 | $73,440,000 | 22.6% | 0.2% |
| USAA Federal Savings Bank | $122,670,000 | $71,115,000 | -42.0% | 0.2% |
| AbbyBank | $86,710,000 | $70,525,000 | -18.7% | 0.2% |
| CO-OP Credit Union | $85,435,000 | $70,465,000 | -17.5% | 0.2% |
| KeyBank | $72,450,000 | $70,390,000 | -2.8% | 0.2% |
| GSF Mortgage Corporation | $174,110,000 | $70,225,000 | -59.7% | 0.2% |
| Westbury Bank | $193,140,000 | $69,410,000 | -64.1% | 0.2% |
| PremierBank | $91,815,000 | $68,080,000 | -25.9% | 0.2% |
| PCM | $73,620,000 | $66,850,000 | -9.2% | 0.2% |
| First National Community Bank | $95,915,000 | $66,500,000 | -30.7% | 0.2% |
| Mound City Bank | $92,015,000 | $65,185,000 | -29.2% | 0.2% |
| Bankers' Bank | $169,800,000 | $63,850,000 | -62.4% | 0.2% |
| Charter Bank | $125,485,000 | $63,070,000 | -49.7% | 0.2% |
| State Bank Financial | $61,945,000 | n/a | 0.2% | |
| Royal Bank | $117,055,000 | $59,470,000 | -49.2% | 0.2% |
| LAND HOME FINANCIAL SERVICES, INC. | $76,375,000 | $58,885,000 | -22.9% | 0.2% |
| Fortifi Bank | $136,035,000 | $58,180,000 | -57.2% | 0.2% |
| CIBM Bank | $85,815,000 | $58,080,000 | -32.3% | 0.2% |
| BERKADIA COMMERCIAL MORTGAGE LLC | $174,905,000 | $57,590,000 | -67.1% | 0.2% |
| Settlers Bank | $97,805,000 | $57,325,000 | -41.4% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $83,675,000 | $57,025,000 | -31.8% | 0.1% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION |