Compare Today’s Mortgage Rates for Champaign, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Champaign, Illinois 61822. 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 $1,615 or $4 / month in Champaign and surrounding areas of Champaign 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 Champaign, Illinois 61822.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Champaign, Illinois 61822

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Champaign, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Champaign, IL 61822, 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 Champaign, IL

Historical Mortgage Rates for Champaign, Illinois 61822 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Champaign, Illinois and around Champaign 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 Champaign, Illinois 61822

If you’re looking to buy a new home in Champaign, we have compiled a list of the leading mortgage brokers around Champaign, Illinois 61822 to help you with your search.

Name
Address
Contact

Wintrust Mortgage

2500 Galen Dr

Champaign IL 61822

(217) 359-9386

Revere Mortgage

2500 Galen Dr

Champaign IL 61822

(217) 359-9386

http://www.wintrustmortgage.com

Prime Lending

2506 Galen Dr

Champaign IL 61822

(217) 378-7420

http://primelending.com

Tower Loan

2412 W Springfield Ave

Champaign IL 61822

(217) 373-1430

State Finance

1808 Glenn Park Dr

Champaign IL 61822

(217) 353-4700

Address

2500 Galen Dr

Champaign IL

Contact

(217) 359-9386

Address

2500 Galen Dr

Champaign IL

Contact

(217) 359-9386

http://www.wintrustmortgage.com

Address

2506 Galen Dr

Champaign IL

Contact

(217) 378-7420

http://primelending.com

News on Mortgages and Reverse Mortgages for Champaign, Illinois 61822