Mortgage rates for Milwaukee, Wisconsin go down to 3.00%

Mortgage rates for Milwaukee, Wisconsin on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Milwaukee, Wisconsin is now at 4.56%.

Milwaukee Market Trends

Milwaukee is the largest city in Wisconsin. Milwaukee is called the City of Festivals, due to its large number of annual cultural fairs. The city runs primarily on a street grid system and is easy to navigate. Many parts of Milwaukee are being revitalized. Milwaukee is home to some of the major beer manufacturers as well as other companies like Harley Davidson and Kohl's.

The average price/sqft was $126, an increase of 35.5% compared to last year. The median sales price for homes for October 13 to January 14 was $110,000 based on 579 home sales. Compared to one year ago, the median home sales price increased 6.8%, or $7,000, and the number of home sales increased 12.9%. 

The average listing price for homes was $129,580 for the week ending January 1, which represents an increase of 2.8%, or $3,555, compared to the previous week.

Notable communities in Milwaukee include Lower East Side and Menomonee River Hills, with average home listing prices of $227,851 and $103,751.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Milwaukee mortgage lender who can find you the right loan.

 

Lenders in: Milwaukee, Wisconsin.