Compare Today’s Mortgage Rates for Colfax, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Colfax, Illinois 61728. 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 $5,717 or $16 / month in Colfax and surrounding areas of Mclean 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 Colfax, Illinois 61728.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Colfax, Illinois 61728

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Colfax, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Colfax, IL 61728, 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 Colfax, IL

Historical Mortgage Rates for Colfax, Illinois 61728 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Colfax, Illinois and around Mclean 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 Colfax, Illinois 61728

If you’re looking to buy a new home in Colfax, we have compiled a list of the leading mortgage brokers around Colfax, Illinois 61728 to help you with your search.

Name
Address
Contact

Springleaf Financial Services

702 W Oak St

Fairbury IL 61728

(815) 692-4334

Hartman-Business Line Mark

410 N 10th St

Fairbury IL 61728

(815) 692-2380

Loan One

600 W Main St

El Paso IL 61728

(309) 527-6585

contactus@loanoneinc.com

Farm Credit Service Administration

712 Iaa Dr

Bloomington IL 61728

(309) 663-9511

Illinois Title Loans

203 W Market St

Bloomington IL 61728

(309) 828-5446

http://www.titleandpaydayloans.com

Address

702 W Oak St

Fairbury IL

Contact

(815) 692-4334

Address

410 N 10th St

Fairbury IL

Contact

(815) 692-2380

Address

600 W Main St

El Paso IL

Contact

(309) 527-6585

contactus@loanoneinc.com

News on Mortgages and Reverse Mortgages for Colfax, Illinois 61728