Compare Today’s Mortgage Rates for Collinsville, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Collinsville, Illinois 62234. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $6,003 or $17 / month in Collinsville and other areas of Madison county.

Our search engine explores all home mortgage options in Collinsville, Illinois 62234, 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 Collinsville, Illinois 62234

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Collinsville, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Collinsville, IL 62234, 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 Collinsville, IL

Historical Mortgage Rates for Collinsville, Illinois 62234 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Collinsville, Illinois and around Madison 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 Collinsville, Illinois 62234

If you’re looking to buy a new home in Collinsville, we have compiled a list of the leading mortgage brokers around Collinsville, Illinois 62234 to help you with your search.

Name
Address
Contact

First Co Mortgage

203 Goethe Ave

Collinsville IL 62234

(618) 343-2900

http://www.firstcomortgage.com

Mortgage Makers

200 Goethe Ave

Collinsville IL 62234

(618) 344-0791

Creative Mortgage Concepts

210 Regency Ctr

Collinsville IL 62234

(618) 345-4900

World Acceptance

1600 Golfview Dr

Collinsville IL 62234

(618) 343-0680

http://worldacceptance.com

Missouri Payday Loans

502 Vandalia St

Collinsville IL 62234

(618) 344-5555

contactus@usapaydayloanstore.com

Address

203 Goethe Ave

Collinsville IL

Contact

(618) 343-2900

http://www.firstcomortgage.com

Address

200 Goethe Ave

Collinsville IL

Contact

(618) 344-0791

Address

210 Regency Ctr

Collinsville IL

Contact

(618) 345-4900

News on Mortgages and Reverse Mortgages for Collinsville, Illinois 62234