Mortgage Loans in Madison, WI

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%. This rate has stayed the same compared to 1, 7, 30, 60, and 90 days ago. When the Fed Funds rate is steady, it can help keep mortgage rates stable since banks use this rate to set loan costs.

Credit Union Loan Rates - Trends & Analysis:

University Of Wisconsin shows a 15-year Conventional fixed rate today at 6.125%, up 13 bp from a week ago. The 30-year Conventional fixed rate is 6.75%, also up 13 bp over the same period. The 15-year Conventional refinance rate is steady at 6.125%, while the 30-year Conventional refinance rate remains at 6.75%, unchanged from a week ago. FHA 30-year fixed loans hold steady at 6.5%, and VA 30-year fixed loans are at 6.99%. The 3-year ARM Conventional fixed rate is 5.75% today, and the 5-year ARM is 6.125%.

Alliant shows a 15-year conventional fixed rate today at 6.125%, up 25 bp from last week and last month. The 30-year conventional fixed is 7.0%, also up 25 bp over the same periods. Adjustable 5-year and 7-year ARMs are at 6.0% and 6.125%, respectively, with smaller increases of 13 bp from last week and 25 bp from last month. The 10-year ARM is 6.375%, rising 13 bp from last week and 25 bp from last month. American Airlines offers a 15-year conventional fixed rate at 6.21% today, unchanged from last week but up 13 bp from a month ago. The 30-year conventional fixed rate is 6.583%, also steady over seven days and up 13 bp over 30 days. Their 5-year adjustable rate stands at 6.533%, with a 20 bp increase over the past month.

Pentagon offers 30-year Conventional Fixed and 30-year VA Fixed loans at 6.25% today. The 30-year FHA Fixed and VA Fixed loans are both at 5.75%. Rates have held steady over the past week and month.