Wisconsin Refinance Rates & Programs 2026

Wisconsin offers affordable housing and moderate refinancing costs. From Milwaukee to Madison and Green Bay, here's what you need to know about refinancing in the Badger State.

Current Wisconsin Refinance Rates

| Loan Type | Average Rate | |-----------|--------------| | 30-Year Fixed | 6.22% | | 15-Year Fixed | 5.54% | | FHA 30-Year | 6.17% | | VA 30-Year | 5.50% |

Use our refinance calculator.

Wisconsin-Specific Programs

Wisconsin Housing and Economic Development Authority (WHEDA)

• Easy Close down payment assistance
• Advantage refinance programs
• Mortgage Credit Certificates available

USDA Refinancing

Rural Wisconsin counties qualify for USDA loans outside Milwaukee, Madison, and Green Bay.

Cost of Refinancing

Moderate costs:

| Cost Item | Typical Amount | |-----------|---------------| | Origination | $0 - $2,000 | | Appraisal | $400 - $600 | | Title | $700 - $1,200 | | Recording | $30 - $60 | | Total | $3,500 - $6,500 |

No state mortgage tax.

When to Refinance

Refinance if rates dropped 0.75%-1.0%, eliminate PMI, or consolidate debt. See cash-out guide.

FAQ

How long? 30-40 days. Property taxes change? No. WI property taxes can be high but refinancing doesn't trigger reassessment. Can I refinance lakefront property? Yes, but seasonal markets may affect appraisal timing. Credit score? 580 FHA, 620 conv, 740+ best. Keep WHEDA MCC? Yes, with participating lender.

Bottom Line

WI's moderate costs make refinancing attractive when rates drop 0.75%-1.0%.

Get quote: See rates.

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Author: Bill McCoy, 15 years experience.