Compare Today’s Mortgage Rates for Benson, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Benson, Illinois 61516. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $5,352 or $15 / month in Benson and surrounding areas of Woodford county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Benson, Illinois 61516.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Benson, Illinois 61516

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Benson, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Benson, IL 61516, 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 Benson, IL

Historical Mortgage Rates for Benson, Illinois 61516 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Benson, Illinois and around Woodford 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 Benson, Illinois 61516

If you’re looking to buy a new home in Benson, we have compiled a list of the leading mortgage brokers around Benson, Illinois 61516 to help you with your search.

Name
Address
Contact

Heights Finance

303 N Main St

Canton IL 61516

(309) 647-2274

markcriss@heightsfinance.com

Central Illinois Loans

435 S 5th Ave

Canton IL 61516

(309) 647-6663

http://www.americashloans.net

Wells Fargo Home Mortgage

245 N Main St

Canton IL 61516

(309) 647-4624

reportphish@wellsfargo.com

Members Financial Service

18 E Elm St

Canton IL 61516

(309) 647-0085

World Finance

526 N Main St

Canton IL 61516

(309) 649-3314

http://worldacceptance.com

Address

303 N Main St

Canton IL

Contact

(309) 647-2274

markcriss@heightsfinance.com

Address

435 S 5th Ave

Canton IL

Contact

(309) 647-6663

http://www.americashloans.net

Address

245 N Main St

Canton IL

Contact

(309) 647-4624

reportphish@wellsfargo.com

News on Mortgages and Reverse Mortgages for Benson, Illinois 61516