Compare Today’s Mortgage Rates in Decatur, Illinois 62524
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Decatur, Illinois 62524.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Decatur, Illinois 62524. For a 30-year fixed loan, our calculations show that you can expect to save up to $3,164 over the lifetime of your mortgage, which translates to a monthly savings of $9 in Decatur and other areas of Macon county.
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Summary of Average Mortgages in Decatur, Illinois 62524
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Decatur, Illinois 62524
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Decatur, IL 62524. 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 Decatur, Illinois 62524 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Decatur, Illinois and around Macon 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 | 90.30% | 87.91% | 82.42% | 82.72% | 84.19% | 85.23% | 77.92% | 86.59% | |
avg mortgage rate | 4.16% | 3.89% | 4.07% | 4.47% | 4.00% | 3.93% | 4.76% | 5.03% | |
% 15 year fixed mortgage | 8.44% | 9.85% | 11.62% | 13.60% | 13.03% | 11.38% | 16.40% | 10.11% | |
avg mortgage rate | 3.31% | 3.16% | 3.23% | 3.51% | 3.25% | 3.30% | 3.87% | 4.38% | |
Avg credit score | 793.88 | 754.84 | 757.27 | 758.67 | 759.34 | 762.31 | 764.96 | 761.58 | |
Avg LTV (loan to value) | 82.79% | 83.99% | 83.72% | 83.15% | 81.73% | 79.26% | 77.87% | 77.04% | |
Avg DTI (debt to income) | 34.39 | 32.60 | 32.38 | 32.26 | 31.62 | 30.78 | 32.29 | 31.71 | |
% First time homebuyer | 16.88% | 25.52% | 29.83% | 27.57% | 29.49% | 28.00% | 27.76% | 36.26% | |
Avg mortgage insurance % | 13.27% | 13.90% | 14.35% | 11.63% | 11.57% | 9.20% | 6.08% | 5.09% |
Best Mortgage Brokers around Decatur, Illinois 62524
For those searching for a new home in Decatur, we have compiled a list of the top mortgage brokers located in and around Decatur, Illinois 62524 to assist you with your search.
Name
Address
Contact
World Finance
252 N Park St
Decatur IL 62524
(217) 422-9411
http://worldacceptance.com
PNC Mortgage
250 N Water St
Decatur IL 62524
(217) 424-2270
pncpaymentportal@pnc.com
Peoples Home Equity
132 S Water St
Decatur IL 62524
(217) 423-1111
Jenkins Processing Service
812 W Marietta St
Decatur IL 62524
(217) 330-6553
Byers, Don-Macon County Mortgage Company
220 E Wood St
Decatur IL 62524
(217) 429-3100
Address
252 N Park St
Decatur IL
Contact
(217) 422-9411
http://worldacceptance.com
Address
250 N Water St
Decatur IL
Contact
(217) 424-2270
pncpaymentportal@pnc.com
Address
132 S Water St
Decatur IL
Contact
(217) 423-1111