Home Page - www.madisonmortgageguys.comAbout UsApply OnlineMortgage RatesMortgage CalculatorMortgage ProgramsLoan ProcessLocal ResourcesTerms and ConditionsPrivacy PolicyContact Us

First Time Home Buyer Loan ProgramsNo Money Down LoansUSDA Rural Housing LoansFHA LoansVA LoansRefinanceFHA RefinanceVA RefinanceJumbo Loans

   


Current Mortgage Rates in Wisconsin, Illinois, Minnesota and Florida - Updated Daily

Email   Bookmark and Share Receive rates by email

Today's Current Wisconsin Illinois Minnesota and Florida Mortgage Rates as of 05/24/2013
Current Mortgage Rate Trend:
Steady

Last Updated: 05/24/2013 at 9:34 AM CST

Mortgage Program Rate Points Origination APR Max Loan Amount
Purchase:
30 Year Fixed 3.875 0.00 0.00 3.970 $417,000
30 Year Fixed 3.625 1.50 0.00 3.870 $417,000
15 Year Fixed 3.000 0.00 0.00 3.090 $417,000
30 Year Fixed: FHA 3.500 0.00 0.00 3.750 County Specific Limits
30 Year Fixed: FHA 203k Rehab 3.750 0.00 0.00 4.000 County Specific Limits
30 Year Fixed: Federal VA 3.500 0.00 0.00 3.790 $417,000
30 Year Fixed: Rural Housing 3.500 0.00 0.00 3.780 Income and City Size Limits
30 Year Fixed: Jumbo 4.000 0.00 0.00 4.030 $900,000*
Refinance:
30 Year Fixed 3.875 0.00 0.00 3.970 $417,000
30 Year Fixed 3.625 1.50 0.00 3.870 $417,000
15 Year Fixed 3.000 0.00 0.00 3.090 $417,000
30 Year Fixed: Jumbo 4.000 0.00 0.00 4.030 $900,000*

Terms and Conditions

Contact us toll free for questions or a hassle free, no obligation rate quote: 877-240-5810

Looking for a no fees (no closing costs) loan? We do those too! Please contact us for current rates.

Rates are subject to change without notice.
Rates based on a 30 day lock and you must escrow.
Escrow waiver and extended rate locks are available, please call.
This information is meant to be an estimate.
Contact us for a complete assessment of your situation.

* Loan amounts higher than $900,000 available but at different rates.

Receive mortgage rates and program updates by email via RSS
Subscribe to our RSS feed for current rates and program updates

Rural Housing Income Limits and Ineligible Areas:

Wisconsin Income Limits for Rural Housing Loans - PDF file
Wisconsin Ineligible Areas for Rural Housing Loans
Illinois Income Limits for Rural Housing Loans - PDF file
Illinois Ineligible Areas for Rural Housing Loans
Florida Income Limits for Rural Housing Loans - PDF file
Minnesota Income Limits for Rural Housing Loans - PDF file

FHA Maximum County Mortgage Limits:

Search FHA Maximum County Mortgage Limits by State

Let us watch the rates for you!

Terms and Conditions



Latest mortgage rates blog entries:

Mortgage Rates

How to Shop Mortgage Rates

Mortgage rate shopping can be misleading…here’s what to look for.

If you’ve been using the Internet to search for a mortgage loan, you’ve probably noticed that everybody is promising the lowest rate. Many sites have tables full of rate information followed by pages of fine print.

You’ll find that we’re different. Instead of promises about mortgage rates, we’ll talk to you and gather some information first, so we can quote you a rate that you’ll qualify for. It’s important to understand that our current mortgage rates are the result of an equation that takes into consideration your personal credit history, property, income, loan type, term and loan amount.

Read the rest of this entry »

Bad Economic News is good for Mortgage Rates

The recent decline in overall mortgage rates has provided a new opportunity to people that were not able to refinance last year. The recent 30 year rate has hit the lowest point for the year 2011. The 15 year rate hit its lowest point in history.

Most of the changes are due in part to mostly negative economic news. Declining stock prices sent many investors to seek safe returns in the bond market. That type of market shift will typically cause a drop in mortgage rates.

Read the rest of this entry »
 

How to Get the Best Rate in the Current Mortgage Environment

With constant news reports and headlines proclaiming the latest changes in mortgage rates it can seem like there is a lot of unexplained fluctuation. However, there are a few basic parameters that guide these rates and some tactics people can follow in order to get the best rate.

Read the rest of this entry »

Copyright © 2013 www.MadisonMortgageguys.com All rights reserved. Terms | Privacy Policy | Licenses | Contact Us

INLANTA is a trademark of Inlanta Mortgage, Inc.