Compare Today’s Mortgage Rates for Chatham, Illinois

Pureloan searches mortgage lenders and major banks in Chatham, Illinois 62629 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $6,899 or $19 / month is expected in Chatham and other areas of Sangamon county.

Pureloan’s search engine explores all home mortgage options in Chatham, Illinois 62629, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Chatham, Illinois 62629

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Chatham, IL 62629, 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.

Historical Mortgage Rates for Chatham, Illinois 62629 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Chatham, Illinois and around Sangamon 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 Chatham, Illinois 62629

If you’re looking to buy a new home in Chatham, we have compiled a list of the leading mortgage brokers around Chatham, Illinois 62629 to help you with your search.

Name
Address
Contact

United Community Bancorp

301 N Main St

Chatham IL 62629

(217) 483-2491

http://www.ucbbank.com

TitleMax Title Loans

1699 W Morton Ave

Jacksonville IL 62629

(217) 243-6306

webinquiries@titlemax.com

Heights Finance Corporation

1233 W Morton Ave

Jacksonville IL 62629

(217) 245-1059

customeradvocate@heightsfinance.com

Tower Loan

404 W Morton Ave

Jacksonville IL 62629

(217) 243-5118

http://towerloan.com

Dollars Today

1166 W Morton Ave

Jacksonville IL 62629

(217) 479-0033

dtinfo@dollars-today.com

Address

301 N Main St

Chatham IL

Contact

(217) 483-2491

http://www.ucbbank.com

Address

1699 W Morton Ave

Jacksonville IL

Contact

(217) 243-6306

webinquiries@titlemax.com

Address

1233 W Morton Ave

Jacksonville IL

Contact

(217) 245-1059

customeradvocate@heightsfinance.com

News on Mortgages and Reverse Mortgages for Chatham, Illinois 62629