Compare Today’s Mortgage Rates for Racine, Wisconsin

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Racine, Wisconsin 53490. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $6,941 or $19 / month in Racine and other areas of Green county.

Our search engine explores all home mortgage options in Racine, Wisconsin 53490, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Racine, Wisconsin 53490

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Racine, WI 53490, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Historical Mortgage Rates for Racine, Wisconsin 53490 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Racine, Wisconsin and around Green county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 91.71% 87.38% 87.48% 86.27% 87.07% 88.04% 89.13% 89.26%
avg mortgage rate 4.92% 4.65% 3.88% 3.93% 4.41% 4.07% 3.83% 4.09%
% 15 year fixed mortgage 6.62% 9.36% 10.21% 11.67% 10.57% 9.43% 8.60% 8.43%
avg mortgage rate 4.34% 3.88% 3.11% 3.05% 3.40% 3.20% 2.97% 3.24%
Avg credit score 763.41 764.56 763.12 761.18 757.25 756.19 755.04 752.83
Avg LTV (loan to value) 77.19% 78.44% 79.77% 80.54% 81.75% 82.28% 82.19% 81.64%
Avg DTI (debt to income) 31.93 31.37 31.18 31.37 32.31 32.41 32.54 33.06
% First time homebuyer 26.40% 25.03% 21.87% 27.27% 31.30% 32.94% 30.77% 26.12%
Avg mortgage insurance % 6.38% 7.89% 9.74% 10.58% 12.32% 12.94% 12.31% 11.65%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Racine, Wisconsin 53490

If you’re looking to buy a new home in Racine, we have compiled a list of the leading mortgage brokers around Racine, Wisconsin 53490 to help you with your search.

Name
Address
Contact

Guardian Credit Union

1025 Dr Martin Luther King Dr

Racine WI 53490

(262) 752-5176

Wells Fargo Home Mortgage

1700 Dr Martin Luther King Dr

Racine WI 53490

(262) 631-1383

http://www.wellsfargo.com/mortgage/

Cambridge Mortgage Corporation

542 State St

Racine WI 53490

(262) 638-8419

Security Finance Corporation

3417 Douglas Ave

Racine WI 53490

(262) 752-9009

http://security-finance.com

Guaranty Bank

5111 Douglas Ave

Racine WI 53490

(262) 752-2040

http://www.guarantybank.com

Address

1025 Dr Martin Luther King Dr

Racine WI

Contact

(262) 752-5176

Address

1700 Dr Martin Luther King Dr

Racine WI

Contact

(262) 631-1383

http://www.wellsfargo.com/mortgage/

Address

542 State St

Racine WI

Contact

(262) 638-8419

News on Mortgages and Reverse Mortgages for Racine, Wisconsin 53490