Compare Today’s Mortgage Rates in Alton, Illinois 62002
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Alton, Illinois 62002.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Alton, Illinois 62002. For a 30-year fixed loan, our calculations show that you can expect to save up to $2,753 over the lifetime of your mortgage, which translates to a monthly savings of $8 in Alton and other areas of Madison county.
Summary of Average Mortgages in Alton, Illinois 62002
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Interactive Mortgage Rate Projections for Alton, Illinois 62002
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Alton, IL 62002. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Alton, Illinois 62002 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Alton, Illinois and around Madison county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 92.67% | 89.46% | 88.93% | 86.85% | 86.86% | 86.36% | 82.41% | 82.68% | 84.24% |
avg mortgage rate | 6.60% | 4.80% | 3.04% | 3.27% | 4.37% | 4.60% | 4.14% | 3.83% | 4.04% |
% 15 year fixed mortgage | 4.19% | 8.46% | 8.66% | 11.11% | 8.89% | 9.50% | 13.97% | 11.36% | 11.67% |
avg mortgage rate | 5.92% | 3.86% | 2.32% | 2.72% | 3.72% | 4.01% | 3.37% | 3.07% | 3.13% |
Avg credit score | 742.05 | 757.63 | 746.76 | 751.02 | 763.81 | 755.04 | 783.82 | 751.10 | 752.23 |
Avg LTV (loan to value) | 86.68% | 86.56% | 85.96% | 85.63% | 84.08% | 82.84% | 83.55% | 84.04% | 82.40% |
Avg DTI (debt to income) | 34.25 | 33.95 | 32.75 | 32.34 | 33.24 | 33.63 | 33.01 | 31.89 | 32.18 |
% First time homebuyer | 56.54% | 43.13% | 38.93% | 37.80% | 35.18% | 28.32% | 23.10% | 25.33% | 23.74% |
Avg mortgage insurance % | 17.32% | 16.37% | 16.02% | 15.75% | 14.12% | 13.09% | 12.89% | 13.71% | 11.98% |
Best Mortgage Brokers around Alton, Illinois 62002
For those searching for a new home in Alton, we have compiled a list of the top mortgage brokers located in and around Alton, Illinois 62002 to assist you with your search.
Wells Fargo Home Mortgage
317 Homer M Adams Pkwy
Alton IL 62002
(618) 462-6903
http://www.wellsfargo.com/mortgage/
Payday Today
100 Homer M Adams Pkwy
Alton IL 62002
(618) 462-7951
Ardmore Finance
2510 College Ave
Alton IL 62002
(618) 465-5626
http://www.moneywhenuneedit.com
Preferred Mortgage Services
2375 Homer M Adams Pkwy
Alton IL 62002
(618) 463-5700
http://www.4preferred.com
AAA Community Finance
2801B Homer M Adams Pkwy
Alton IL 62002
(618) 465-2762
admin@aaacommunityfinance.com
Address
317 Homer M Adams Pkwy
Alton IL
Contact
(618) 462-6903
http://www.wellsfargo.com/mortgage/
Address
100 Homer M Adams Pkwy
Alton IL
Contact
(618) 462-7951
Address
2510 College Ave
Alton IL
Contact
(618) 465-5626
http://www.moneywhenuneedit.com