Compare Today’s Mortgage Rates for Canton, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Canton, Illinois 61520. 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 $1,987 or $6 / month in Canton and surrounding areas of Fulton 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 Canton, Illinois 61520.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Canton, Illinois 61520

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Canton, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Canton, IL 61520, 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 Canton, IL

Historical Mortgage Rates for Canton, Illinois 61520 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Canton, Illinois and around Fulton 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 Canton, Illinois 61520

If you’re looking to buy a new home in Canton, we have compiled a list of the leading mortgage brokers around Canton, Illinois 61520 to help you with your search.

Name
Address
Contact

World Finance

526 N Main St

Canton IL 61520

(309) 649-3314

http://worldacceptance.com

Members Financial Service

18 E Elm St

Canton IL 61520

(309) 647-0085

Wells Fargo Home Mortgage

245 N Main St

Canton IL 61520

(309) 647-4624

reportphish@wellsfargo.com

Central Illinois Loans

435 S 5th Ave

Canton IL 61520

(309) 647-6663

http://www.americashloans.net

Heights Finance

303 N Main St

Canton IL 61520

(309) 647-2274

markcriss@heightsfinance.com

Address

526 N Main St

Canton IL

Contact

(309) 649-3314

http://worldacceptance.com

Address

18 E Elm St

Canton IL

Contact

(309) 647-0085

Address

245 N Main St

Canton IL

Contact

(309) 647-4624

reportphish@wellsfargo.com

News on Mortgages and Reverse Mortgages for Canton, Illinois 61520