Compare Today’s Mortgage Rates for Benton, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Benton, Illinois 62812. 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 $2,760 or $8 / month in Benton and surrounding areas of Franklin 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 Benton, Illinois 62812.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Benton, Illinois 62812

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Benton, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Benton, IL 62812, 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 Benton, IL

Historical Mortgage Rates for Benton, Illinois 62812 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Benton, Illinois and around Franklin 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Benton, Illinois 62812

If you’re looking to buy a new home in Benton, we have compiled a list of the leading mortgage brokers around Benton, Illinois 62812 to help you with your search.

Name
Address
Contact

Travis Severin

701 Public Sq

Benton IL 62812

(618) 439-5110

travis.severin@usbank.com

Magic Cash

101 E Main St

Benton IL 62812

(618) 435-2451

World Acceptance

501 Public Sq

Benton IL 62812

(618) 435-3026

http://worldacceptance.com

TitleMax Title Loans

1002 W Main St

Benton IL 62812

(618) 435-4930

webinquiries@titlemax.com

Address

701 Public Sq

Benton IL

Contact

(618) 439-5110

travis.severin@usbank.com

Address

101 E Main St

Benton IL

Contact

(618) 435-2451

Address

501 Public Sq

Benton IL

Contact

(618) 435-3026

http://worldacceptance.com

News on Mortgages and Reverse Mortgages for Benton, Illinois 62812