We have good news to share with Madison area home and condo buyers: Mortgage rates have decreased a full percentage point over the last year, and are at their lowest levels in over 3 years -- this according to the latest primary mortgage market survey by Freddie Mac.
Locally, rates for 30-year fixed rate mortgages are around 6 percent, with 15-year mortgage rates about a half of a percentage point lower.
Do you need a referral to a reputable lender?
You have many lenders to choose from, but we highly recommend working with a local mortgage professional who prioritizes stellar customer service and excellent communication.
The right lender will give you peace of mind, knowing that you are choosing the right mortgage product for your individual situation, and that your loan commitment will be delivered on-time according to the terms of your offer.
Call us for your own personalized lender recommendation. It would be our pleasure to help you connect with the mortgage expert who's the right fit for you.