WI Mortgage Rates July 8, 2010
Comparing mortgage rates in Wisconsin can be a straightforward process along as potential borrowers review enough mortgage rate offers. Findlocalmortgagerates.com has surveyed two of the largest Wisconsin based banks as well as two of the largest banks in the nation to compare and review WI mortgage rates.
The current mortgage rate in survey includes Anchor Bank the fourth largest Wisconsin based bank and M & I Bank, the largest Wisconsin based bank. Also included in the survey are the mortgage rates of Wells Fargo Bank and US Bank.
Review the following bank mortgage lender mortgage rates in Wisconsin to help select the best Wisconsin mortgage. WI mortgage rates from these four mortgage lenders ranged from the lowest rate of 4.50% on a 30 year fixed rate loan to the highest rate of just 4.625%. The high and low rates exclude points and closing costs.
The complete mortgage rates and points offered include:
M & I Bank offers a 30 year mortgage rate at 4.50% with no points for a 4.530% APR.
M & I Bank offers a 15 year mortgage rate at 4.00% with no points and an APR of 4.051%.
Anchor Bank has a 30 year fixed rate home loan with a mortgage rate of 4.60% with zero points and a 4.627% APR.
Anchor Bank’s 15 year term fixed rate loan has a mortgage rate of 4.00% with zero points and an APR of 4.047%.
Wells Fargo mortgage rates in WI include the 30 year fixed rate loan at 4.50% with 1.0 point and a 4.686% APR as well as the 15 year mortgage with a rate of 3.875% with 1.0 point and an APR of 4.195%.
US Bank mortgage rates in WI include the 30 year home loan at 4.625% with no points and a 4.69% APR and the 15 year mortgage with a rate of 4.125% with zero points and a 4.236% APR.
Additional loan products, rates and point options are available from the four banks listed. The mortgage interest rates and points shown here are available to borrowers with an excellent credit history with a 20% down payment or larger on an owner occupied single family home.
The mortgage interest rates, APRs ( annual percentage rates ) and points shown are subject to change without notice. All mortgage loans WI listed require bank approval and additional conditions will apply.
M & I Bank is the largest Wisconsin based bank, with 192 offices throughout the state. M & I can be contacted at 888-464-5463.
Anchor Bank has more than 70 bank branch locations in Wisconsin and can be reached at 800-252-6246.
Wells Fargo mortgage department can be contacted at 877-937-9357.
US Bank mortgage information is available at 800-365-8544.
Wisconsin and Minnesota Mortgage Rates at The RiverBank
The RiverBank offers a wide assortment of mortgage loans and mortgage rates in Wisconsin and Minnesota. The RiverBank is a Wisconsin based bank with bank branch locations in Wisconsin and Minnesota.
The RiverBank provides a combination of competitive home loan rates and low fees along with good customer service. Part of the customer service involves local loan servicing. With local customer service, The RiverBank mortgage department is available to assist consumers with questions regarding mortgage escrows, interest reporting, loan payment options and other home loan topics for home loans in Minnesota or home loans in Wisconsin.
The RiverBank offers mortgage loans that range from simple fixed rate loans to adjustable rate loans and balloon loans. Home loans are available for borrowers buying their first home or for investment properties.
The conventional fixed rate loan offer financing up to 95% of a home purchase, provided the borrower qualifies for the limited down payment program, or 80% without the added cost of mortgage insurance.
These fixed rate programs may be available for a primary residence whether it is a purchase or a refinance or for a year-round second home. Fixed rate mortgages are also available on investment properties.
The bank offer the adjustable rate mortgages with various payment options and rate adjustments. These loans may be a good choice for a borrower that is looking for a low initial monthly payment and is willing to accept the risk and uncertainty of higher rates and payments in the future.
Current mortgage rates in Wisconsin and Minnesota offered by The RiverBank include:
30 year conventional fixed rate has a mortgage rate of 5.10% with 0 points and a 5.147% APR.
A 30 year fixed rate loan with one point has a mortgage rate of 4.95% and an APR of 5.085%.
A 20 year conventional fixed rate loan has a mortgage rate of 4.95% with 0 points and a 5.013% APR.
A 20 year fixed rate mortgage with one point has a mortgage rate of 4.75% and an APR of 4.933%.
The 15 year conventional mortgage has a mortgage rate of 4.45% with 0 points and a 4.529% APR.
The 15 year with one point has mortgage rate of 4.30% and a 4.530% APR.
A 1yr ARM with The RiverBank has a mortgage rate of 3.875% with 0 points and a 3.225% APR.
Mortgage rates are current as of the date of this publication and are subject to change without notice. All mortgage rates and mortgage loans are subject to bank approval and additional conditions will apply.
The interest rates and fees listed are available to borrowers with an excellent credit history on a single family, owner occupied property not requiring mortgage insurance. The actual mortgage rates and fees available on any particular loan will be based on the borrower’s credit history, income and assets and may be different than the rates displayed here.
To contact The RiverBank regarding current mortgage rates in Wisconsin or Minnesota mortgage rates and home loans, a bank representative can be reached at 888-294-2183. A mortgage loan application can also be filled out online at the bank website.