Compare Today’s Mortgage Rates in Cornell, Illinois 61319
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Cornell, Illinois 61319.
Our search engine thoroughly explores all home mortgage options in Cornell, Illinois 61319, 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 $3,903 in lifetime cash or $11 per month in Cornell and other areas of Livingston county.
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Summary of Average Mortgages in Cornell, Illinois 61319
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Cornell, Illinois 61319
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Cornell, IL 61319. 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 Cornell, Illinois 61319 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Cornell, Illinois and around Livingston 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 Cornell, Illinois 61319
For those searching for a new home in Cornell, we have compiled a list of the top mortgage brokers located in and around Cornell, Illinois 61319 to assist you with your search.
Name
Address
Contact
Heights Finance
1128 Columbus St
Ottawa IL 61319
(815) 433-6406
customeradvocate@heightsfinance.com
1st Farm Credit Services
3184 N State Route 23
Ottawa IL 61319
(815) 433-4259
ottawa@1stfarmcredit.com
Wells Fargo Home Mortgage
716 Columbus St
Ottawa IL 61319
(815) 433-3715
http://www.wellsfargo.com/mortgage/
World Finance Corporation
2744 Columbus St
Ottawa IL 61319
(815) 434-0382
http://worldacceptance.com
Check 'n Go
511 E Norris Dr
Ottawa IL 61319
(815) 431-9999
comments@checkngo.com
Address
1128 Columbus St
Ottawa IL
Contact
(815) 433-6406
customeradvocate@heightsfinance.com
Address
3184 N State Route 23
Ottawa IL
Contact
(815) 433-4259
ottawa@1stfarmcredit.com
Address
716 Columbus St
Ottawa IL
Contact
(815) 433-3715
http://www.wellsfargo.com/mortgage/