Compare Today’s Mortgage Rates in Champaign, Illinois 61822
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Champaign, Illinois 61822.
Our search engine thoroughly explores all home mortgage options in Champaign, Illinois 61822, 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 $5,752 in lifetime cash or $16 per month in Champaign and other areas of Champaign county.
40.1175
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Summary of Average Mortgages in Champaign, Illinois 61822
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Champaign, Illinois 61822
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Champaign, IL 61822. 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 Champaign, Illinois 61822 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Champaign, Illinois and around Champaign 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 | 93.14% | 88.92% | 88.28% | 84.30% | 86.72% | 85.93% | 83.84% | 83.66% | 84.64% |
avg mortgage rate | 6.66% | 4.73% | 3.06% | 3.35% | 4.39% | 4.67% | 4.17% | 3.82% | 4.04% |
% 15 year fixed mortgage | 5.39% | 9.39% | 8.99% | 12.93% | 10.55% | 11.17% | 13.01% | 13.16% | 12.61% |
avg mortgage rate | 5.73% | 3.88% | 2.45% | 2.80% | 3.79% | 4.07% | 3.31% | 2.99% | 3.14% |
Avg credit score | 747.56 | 775.84 | 764.46 | 766.79 | 772.91 | 760.40 | 752.02 | 750.15 | 751.05 |
Avg LTV (loan to value) | 82.44% | 83.73% | 84.12% | 83.82% | 84.02% | 82.94% | 83.16% | 82.95% | 82.00% |
Avg DTI (debt to income) | 34.28 | 35.94 | 33.15 | 33.45 | 33.38 | 34.31 | 33.14 | 32.57 | 32.36 |
% First time homebuyer | 46.57% | 41.88% | 37.71% | 38.20% | 36.48% | 31.17% | 29.45% | 33.28% | 30.53% |
Avg mortgage insurance % | 13.34% | 14.11% | 13.95% | 13.93% | 14.03% | 12.93% | 11.98% | 12.69% | 11.32% |
Best Mortgage Brokers around Champaign, Illinois 61822
For those searching for a new home in Champaign, we have compiled a list of the top mortgage brokers located in and around Champaign, Illinois 61822 to assist 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