Compare Today’s Mortgage Rates for Cottage Hills, Illinois

Pureloan searches mortgage lenders and major banks in Cottage Hills, Illinois 62018 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 $3,105 or $9 / month is expected in Cottage Hills and other areas of Madison county.

Pureloan’s search engine explores all home mortgage options in Cottage Hills, Illinois 62018, 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 Cottage Hills, Illinois 62018

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cottage Hills, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Cottage Hills, IL 62018, 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 Cottage Hills, IL

Historical Mortgage Rates for Cottage Hills, Illinois 62018 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Cottage Hills, 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 83.52% 80.42% 82.04% 85.67% 84.46% 85.22% 84.87% 85.19%
avg mortgage rate 4.94% 4.74% 3.87% 3.96% 4.43% 4.05% 3.84% 4.08%
% 15 year fixed mortgage 12.23% 14.86% 13.97% 12.31% 11.02% 11.34% 10.46% 11.48%
avg mortgage rate 4.33% 3.99% 3.13% 3.00% 3.40% 3.17% 3.04% 3.20%
Avg credit score 762.28 759.96 757.56 756.73 753.38 752.11 750.03 752.87
Avg LTV (loan to value) 77.11% 78.67% 81.08% 81.23% 82.45% 82.38% 83.72% 83.62%
Avg DTI (debt to income) 31.55 32.21 30.99 32.23 32.29 32.75 32.60 33.27
% First time homebuyer 29.04% 25.00% 25.35% 26.64% 25.14% 24.33% 26.69% 18.15%
Avg mortgage insurance % 5.23% 6.90% 9.98% 10.90% 11.61% 12.38% 13.52% 12.73%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Cottage Hills, Illinois 62018

If you’re looking to buy a new home in Cottage Hills, we have compiled a list of the leading mortgage brokers around Cottage Hills, Illinois 62018 to help you with your search.

Name
Address
Contact

Cottage Hills Auto Credit

225 W MacArthur Dr

Cottage Hills IL 62018

(618) 258-1639

Cornerstone Home Loans

400 Saint Louis St

Edwardsville IL 62018

(618) 659-0700

http://www.cornerstonemortgageus.com/

Mortgage Makers

2205 S State Route 157

Edwardsville IL 62018

(618) 692-1470

gerard@mortgagemakersinc.com

Wintrust Mortgage Co.

921 S Arbor Vitae

Edwardsville IL 62018

(618) 692-8247

sphillips@wintrustmortgage.com

1St Advantage Mortgage

5404 Fox Ct

Edwardsville IL 62018

(618) 692-1558

http://1stadvantagemortgage.com

Address

225 W MacArthur Dr

Cottage Hills IL

Contact

(618) 258-1639

Address

400 Saint Louis St

Edwardsville IL

Contact

(618) 659-0700

http://www.cornerstonemortgageus.com/

Address

2205 S State Route 157

Edwardsville IL

Contact

(618) 692-1470

gerard@mortgagemakersinc.com

News on Mortgages and Reverse Mortgages for Cottage Hills, Illinois 62018