Mortgage Rates last updated: Thursday - March 12, 2026 at 11:48 am
Current Mortgage Rate Trend:Worsening
| Mortgage Program | Rate | Points | APR | Max Loan Amount |
|---|---|---|---|---|
| 30 Year Fixed: Conventional | 6.375 | 0.00 | 6.488 | $832,750 |
| 15 Year Fixed: Conventional | 5.750 | 0.00 | 5.934 | $832,750 |
| 30 Year Fixed: FHA | 5.875 | 0.00 | 6.485 | FHA County Loan Limits** |
| 30 Year Fixed: VA | 6.500 | 0.00 | 6.791 | $832,750 |
| 30 Year Fixed: USDA | 6.000 | 0.00 | 6.539 | Based on USDA Income Limits* |
Terms and Conditions
Conventional Mortgage Disclaimer (30-Year Fixed): Annual Percentage Rate calculation assumes a 780 credit score, a $250,000 purchase price, and a $200,000 loan amount with a 20% down payment. The loan has a fixed interest rate of 6.375%, with an Annual Percentage Rate of 6.488%. The principal and interest payment is $1,247.74 per month. The Annual Percentage Rate may vary based on creditworthiness and other factors. Discount points and origination fees may apply, if applicable. If the down payment is less than 20%, mortgage insurance may be required, which could increase the monthly payment and the Annual Percentage Rate. Loan terms are based on a 30-year fixed-rate mortgage. There is no balloon payment penalty.
Conventional Mortgage Disclaimer (15-Year Fixed): Annual Percentage Rate calculation assumes a 780 credit score, a $250,000 purchase price, and a $200,000 loan amount with a 20% down payment. The loan has a fixed interest rate of 5.750, with an Annual Percentage Rate of 5.934%. The principal and interest payment is $1,660.82 per month. The Annual Percentage Rate may vary based on creditworthiness and other factors. Discount points and origination fees may apply, if applicable. If the down payment is less than 20%, mortgage insurance may be required, which could increase the monthly payment and the Annual Percentage Rate. Loan terms are based on a 15-year fixed-rate mortgage. There is no balloon payment penalty.
FHA Loan Disclaimer: Annual Percentage Rate calculation assumes a 680 credit score, a 3.5% down payment on a $200,000 purchase price, resulting in a loan amount of $196,377 ($193,000 base loan amount plus $3,377.00 up-front mortgage insurance premium). The loan has a fixed interest rate of 5.875%, with an Annual Percentage Rate of 6.485%. The principal and interest payment is $1,161.64 per month. The Annual Percentage Rate may vary based on creditworthiness and other factors. Up-front mortgage insurance premium, monthly mortgage insurance, discount points, and origination fees may apply, if applicable. These charges could increase the monthly payment and the Annual Percentage Rate. Loan terms are based on a 30-year fixed-rate mortgage. There is no balloon payment penalty.
VA Loan Disclaimer: Annual Percentage Rate calculation assumes a 680 credit score, 100% financing on a $200,000 purchase price, resulting in a loan amount of $204,300 ($200,000 base loan amount plus $4,300 first-time use Veteran VA Funding Fee). The loan has a fixed interest rate of 6.500%, with an Annual Percentage Rate of 6.791%. The principal and interest payment is $1,291.31 per month. The Annual Percentage Rate may vary based on creditworthiness and other factors. Discount points and origination fees may apply, if applicable. These charges could increase the monthly payment and the Annual Percentage Rate. Loan terms are based on a 30-year fixed-rate mortgage. There is no balloon payment penalty.
USDA Loan Disclaimer: Annual Percentage Rate calculation assumes 100% financing on a $200,000 purchase price, resulting in a loan amount of $202,020 ($200,000 base loan amount plus $2,020.20 Guarantee Fee, of which $2,020 can be financed). The loan has a fixed interest rate of 6.000%, with an Annual Percentage Rate of 6.539%. The principal and interest payment is $1,269.80 per month, which includes the USDA Annual Fee of $58.59 per month. The Annual Percentage Rate may vary based on creditworthiness and other factors. Discount points and origination fees may apply, if applicable. These charges could increase the monthly payment and the Annual Percentage Rate. Loan terms are based on a 30-year fixed-rate mortgage. There is no balloon payment penalty.
Contact us directly for questions or a hassle-free, no-obligation rate quote: 262-305-0680
Looking for a no-fee (no closing costs) loan? We do those too! Please contact us for current rates.
Rates are subject to change without notice.
This information is meant to be an estimate.
Contact us for a complete assessment of your situation.
*Current USDA income limits
**View FHA loan limits by county
