5.75% 30 Year Fixed Available

Mortgage rates continue to drop in Wisconsin where it is now possible to obtain a 5.75% 30 year fixed rate for a borrower with a credit score over 680 and some downpayment or equity. The APR would be 5.87%. Not all will qualify however customers that can verify income may qualify. Borrowers with scores less than 680 now and with loan to values over 70% may be paying higher rates than in the past. Credit and equity have become increasingly important lately as lenders have tightened their standards for all but the best borrowers.