Mortgage lending in Madison, WI
19,795 mortgages were originated in the Madison, WI area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 19,795
- Median rate
- 6.625%
- Median lender fees
- $3,325
- Median loan amount
- $205,000
- Median spread over APOR
- -0.139
- Paid discount points
- 17.5%
- Received lender credits
- 21.6%
- Purchases / refinances
- 40.5% / 34.2%
- Conventional / FHA / VA
- 95.1% / 2.3% / 2.5%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 48.2% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Madison, WI area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Summit Credit Union | 4,944 | $2,773 | 6.875% |
| University of Wisconsin Credit Union | 4,416 | $3,092 | 6.625% |
| Lake Ridge Bank | 568 | $3,155 | 5.490% |
| THOMPSON KANE & COMPANY, INC | 558 | $3,882 | 6.750% |
| Barrington Bank & Trust Company, National Association | 478 | $3,659 | 6.375% |
| Fairway Independent Mortgage Corporation | 472 | $3,836 | 6.500% |
| The Park Bank | 415 | $2,864 | 6.500% |
| Rocket Mortgage, LLC | 377 | $4,568 | 6.625% |
| The Bank of New Glarus | 341 | $2,386 | 6.625% |
| Heartland Credit Union (Madison) | 310 | $2,152 | 6.990% |