Compare Today’s Mortgage Rates in Belvidere, Illinois 61008
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Belvidere, Illinois 61008.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $6,147 over the lifetime of your 30-year fixed loan, or a monthly savings of $17 in Belvidere and other areas of Boone county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Belvidere, Illinois 61008
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Belvidere, Illinois 61008
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Belvidere, IL 61008. 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 Belvidere, Illinois 61008 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Belvidere, Illinois and around Boone 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 | 93.14% | 88.92% | 88.28% | 84.30% | 86.72% | 85.93% | 83.84% | 83.66% | 84.64% |
avg mortgage rate | 6.66% | 4.73% | 3.06% | 3.35% | 4.39% | 4.67% | 4.17% | 3.82% | 4.04% |
% 15 year fixed mortgage | 5.39% | 9.39% | 8.99% | 12.93% | 10.55% | 11.17% | 13.01% | 13.16% | 12.61% |
avg mortgage rate | 5.73% | 3.88% | 2.45% | 2.80% | 3.79% | 4.07% | 3.31% | 2.99% | 3.14% |
Avg credit score | 747.56 | 775.84 | 764.46 | 766.79 | 772.91 | 760.40 | 752.02 | 750.15 | 751.05 |
Avg LTV (loan to value) | 82.44% | 83.73% | 84.12% | 83.82% | 84.02% | 82.94% | 83.16% | 82.95% | 82.00% |
Avg DTI (debt to income) | 34.28 | 35.94 | 33.15 | 33.45 | 33.38 | 34.31 | 33.14 | 32.57 | 32.36 |
% First time homebuyer | 46.57% | 41.88% | 37.71% | 38.20% | 36.48% | 31.17% | 29.45% | 33.28% | 30.53% |
Avg mortgage insurance % | 13.34% | 14.11% | 13.95% | 13.93% | 14.03% | 12.93% | 11.98% | 12.69% | 11.32% |
Best Mortgage Brokers around Belvidere, Illinois 61008
For those searching for a new home in Belvidere, we have compiled a list of the top mortgage brokers located in and around Belvidere, Illinois 61008 to assist you with your search.
Name
Address
Contact
Cash Store
427 S State St
Belvidere IL 61008
(815) 547-4933
Belvidere Cash 4 Gold Inc.
607 S State St
Belvidere IL 61008
(779) 552-8643
1st Step Mortgage Group
227 Logan Ave
Belvidere IL 61008
(815) 544-2535
Belvidere Cash and Carry
2335 Newburg Rd
Belvidere IL 61008
(815) 975-9249
World Finance
1464 N State St
Belvidere IL 61008
(815) 544-0750
http://www.worldacceptance.com
Address
427 S State St
Belvidere IL
Contact
(815) 547-4933
Address
607 S State St
Belvidere IL
Contact
(779) 552-8643
Address
227 Logan Ave
Belvidere IL
Contact
(815) 544-2535