The next step is hunting down the best mortgage for that Eau Claire home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Eau Claire lenders that will compete to provide a loan at the lowest rate, matching you with nearly 5 Eau Claire mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.

How much of a Mortgage?

Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Eau Claire mortgage payment was $896 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Eau Claire home.

Eau Claire is a major city in Wisconsin with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: Superior Home Mortgage Co Inc, Freedom Mortgage Corporation, M And I Marshall And Ilsley Bank, Fairway Independent Mortgage Corporation.First Federal Capital Bank.

Eau Claire Mortgage & Real Estate Market

In 2006 Eau Claire housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Eau Claire was $92,800. This number is big in comparison to the median home value back in 2000 of $92,800. Eau Claire has a solid home ownership base with 24,895 houses and apartments and 55% of those are occupied by their owners. Despite the current market, historically Eau Claire has been a city where people move, buy and stay - with 49% of homeowners currently paying off a mortgage. About 18% of the city's current homeowners are carrying a second mortgage or home equity loan.

Perfect Mortgage
4320 Winfield Rd. Warrenville, IL	Phone: 630-234-2444 Ask for: DeFrancesco Anthony
Special Mortgage Programs
PAY YOUR HOUSE OFF IN 5 TO 10 YRS.! If you have challenged credit, I do not care what your credit score is! I have an exclusive program designed to get you back on your feet! Call Anthony DeFrancesco at 630-234-2444 or

Housing	Eau Claire, WI	United States
Median Home Cost	$141,800	$217,200
Homes Rented	41.28%	21.45%
Home Appreciation	6.90%	9.80%
Homes Owned	55.19%	64.07%

Location	Population	Median Family Income (2005)
Appleton	70,087	$47,285
Brookfield	38,649	$76,225
Brookfield	38,649	$76,225
Eau Claire	61,704	$36,399
Fond du Lac	42,203	$41,113
Green Bay	102,313	$38,820

Category	Value
Homes With No Mortgage	34%
Second Mortgage Only	8%
First Mortgage Only	49%
Home Equity Loan Only	10%
2nd Mortgage or Home Equity	18%

Mortgage Type	Today	Last Week	Change
30 yr fixed	6.03	6.24	0.035%
15 yr fixed	5.47	5.72	0.046%
5/1 ARM	5.34	5.43	0.017%
3/1 ARM	5.48	5.42	0.011%

Your dream of home ownership, refinancing, or using your homes equity might just be an
application away. Simply fill out our short form and get quotes from mortgage lenders near you!

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