Today’s Refinance Rates in Wisconsin

MoneyGeek’s study provides Wisconsin’s up-to-date mortgage loan refinancing interest rates to ensure you find the best option for your needs. Use the table below to compare the most current average rates in the state across different mortgage types.

FRED economic data shows the average interest rate in Wisconsin for a 15-year FRM is 4.48%, slightly higher than the national average of 4.67%. Meanwhile, the average interest rate for a 30-year FRM is 5.16%, which is lower than the national average of 5.51%. For a 5/1 ARM, Wisconsin’s rate of 3.91% is lower than the national average of 4.35%.

Typically, a good mortgage rate depends on the loan amount, repayment duration, income level and the borrower’s credit score. Rates also change constantly, and current loan estimates may be completely different a week, or even a few days later.

It is, therefore, vital to compare rates across lenders if you wish to secure the best refinance rates in Wisconsin for your situation.

MoneyGeek’s mortgage calculator can help Wisconsin borrowers estimate how much they’re likely to pay monthly for a loan. Use the state average rates provided above to get your estimates. Remember, interest rates vary daily and depend on the mortgage loan term, loan amount, your credit score and debt-to-income ratio, among other factors.

Before applying for a mortgage refinancing loan, borrowers should compare terms and requirements across lenders. MoneyGeek responded to commonly asked questions about refinance rates in Wisconsin.