Compare Today’s Mortgage Rates in Bowen, Illinois 62316
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Bowen, Illinois 62316.
Our search engine thoroughly explores all home mortgage options in Bowen, Illinois 62316, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $3,040 in lifetime cash or $8 per month in Bowen and other areas of Hancock county.
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Summary of Average Mortgages in Bowen, Illinois 62316
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Bowen, Illinois 62316
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Bowen, IL 62316. 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 Bowen, Illinois 62316 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Bowen, Illinois and around Hancock 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 | 54.55% | 65.22% | 60.47% | 77.78% | 77.14% | 73.91% | 70.00% | 75.76% | |
| avg mortgage rate | 3.96% | 3.66% | 4.06% | 4.44% | 3.97% | 3.82% | 4.75% | 4.91% | |
| % 15 year fixed mortgage | 27.27% | 26.09% | 27.91% | 13.89% | 17.14% | 19.57% | 22.00% | 18.18% | |
| avg mortgage rate | 3.67% | 3.03% | 3.07% | 3.28% | 3.08% | 2.98% | 3.88% | 4.29% | |
| Avg credit score | 755.64 | 761.04 | 753.02 | 748.28 | 757.14 | 756.20 | 741.52 | 751.17 | |
| Avg LTV (loan to value) | 82.09% | 78.26% | 79.42% | 81.83% | 77.09% | 83.20% | 80.04% | 81.48% | |
| Avg DTI (debt to income) | 33.27 | 27.85 | 32.37 | 29.28 | 29.69 | 29.89 | 30.22 | 31.45 | |
| % First time homebuyer | 27.27% | 19.57% | 11.63% | 27.78% | 31.43% | 36.96% | 30.00% | 30.30% | |
| Avg mortgage insurance % | 10.45% | 8.04% | 8.56% | 8.44% | 5.91% | 13.20% | 4.98% | 9.98% |
Best Mortgage Brokers around Bowen, Illinois 62316
For those searching for a new home in Bowen, we have compiled a list of the top mortgage brokers located in and around Bowen, Illinois 62316 to assist you with your search.
Name
Address
Contact
C C Service
501 S Main St
Camp Point IL 62316
(217) 645-3413
Check 'n Go
421 N 32nd St
Quincy IL 62316
(217) 228-2000
http://www.checkngo.com/
Illinois Title Loans
1800 Broadway St
Quincy IL 62316
(217) 223-7471
http://www.illinoistitleloansinc.com/
TitleMax Title Loans
2535 Broadway St
Quincy IL 62316
(217) 223-1606
webinquiries@titlemax.com
Check 'n Go
3127 Broadway St
Quincy IL 62316
(217) 228-2000
comments@checkngo.com
Address
501 S Main St
Camp Point IL
Contact
(217) 645-3413
Address
421 N 32nd St
Quincy IL
Contact
(217) 228-2000
http://www.checkngo.com/
Address
1800 Broadway St
Quincy IL
Contact
(217) 223-7471
http://www.illinoistitleloansinc.com/