Compare Today’s Mortgage Rates for Belvidere, Illinois

Pureloan searches mortgage lenders and major banks in Belvidere, Illinois 61008 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $7,368 or $20 / month is expected in Belvidere and other areas of Boone county.

Pureloan’s search engine explores all home mortgage options in Belvidere, Illinois 61008, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Belvidere, Illinois 61008

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Belvidere, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Belvidere, IL 61008, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for Belvidere, IL

Historical Mortgage Rates for Belvidere, Illinois 61008 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Belvidere, Illinois and around Boone county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 85.56% 81.61% 82.82% 85.11% 82.94% 86.92% 86.18% 83.03%
avg mortgage rate 4.96% 4.68% 3.86% 3.97% 4.39% 4.07% 3.84% 4.11%
% 15 year fixed mortgage 11.81% 15.81% 14.63% 12.56% 14.37% 11.01% 11.60% 14.36%
avg mortgage rate 4.37% 3.89% 3.08% 3.10% 3.41% 3.16% 3.01% 3.20%
Avg credit score 760.45 758.55 758.54 756.99 755.11 751.65 750.63 756.66
Avg LTV (loan to value) 77.20% 77.11% 80.43% 81.27% 81.10% 82.11% 82.58% 82.46%
Avg DTI (debt to income) 32.56 33.13 31.53 32.95 33.14 33.28 32.75 33.14
% First time homebuyer 34.51% 28.23% 35.03% 36.88% 31.87% 36.38% 38.00% 34.99%
Avg mortgage insurance % 5.01% 5.22% 8.92% 10.54% 9.70% 11.47% 12.23% 11.93%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Belvidere, Illinois 61008

If you’re looking to buy a new home in Belvidere, we have compiled a list of the leading mortgage brokers around Belvidere, Illinois 61008 to help 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

News on Mortgages and Reverse Mortgages for Belvidere, Illinois 61008