Compare Today’s Mortgage Rates for Des Plaines, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Des Plaines, Illinois 60016. 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 $10,063 or $28 / month in Des Plaines and other areas of Cook county.

Our search engine explores all home mortgage options in Des Plaines, Illinois 60016, 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 Des Plaines, Illinois 60016

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Des Plaines, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Des Plaines, IL 60016, 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 Des Plaines, IL

Historical Mortgage Rates for Des Plaines, Illinois 60016 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Des Plaines, Illinois and around Cook 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 91.78% 87.76% 89.69% 88.49% 88.96% 88.02% 90.34% 88.63%
avg mortgage rate 4.97% 4.70% 3.90% 4.00% 4.46% 4.13% 3.90% 4.14%
% 15 year fixed mortgage 6.74% 9.79% 8.06% 10.15% 9.61% 10.23% 8.17% 9.96%
avg mortgage rate 4.38% 3.94% 3.19% 3.18% 3.51% 3.28% 3.12% 3.34%
Avg credit score 759.59 761.46 762.23 758.20 754.09 752.53 752.41 752.56
Avg LTV (loan to value) 73.99% 75.67% 78.13% 79.09% 80.50% 81.09% 81.75% 81.14%
Avg DTI (debt to income) 34.68 34.66 34.09 34.60 34.69 35.25 35.30 36.08
% First time homebuyer 38.63% 33.40% 35.61% 39.08% 40.73% 40.93% 40.51% 38.52%
Avg mortgage insurance % 3.55% 4.82% 7.39% 8.39% 10.23% 11.50% 11.59% 10.51%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Des Plaines, Illinois 60016

If you’re looking to buy a new home in Des Plaines, we have compiled a list of the leading mortgage brokers around Des Plaines, Illinois 60016 to help you with your search.

Name
Address
Contact

United Financial Mortgage Corporation

701 Lee St

Des Plaines IL 60016

(847) 827-0606

Budget Mortgage

454 E Northwest Hwy

Des Plaines IL 60016

(847) 298-7790

Consumers Payday Company

650 Colonial Ln

Des Plaines IL 60016

(844) 272-9329

jim@consumerspayday.com

Countryside Realty Chicago

960 Rand Rd

Des Plaines IL 60016

(847) 768-1788

Us Financial

640 Pearson St

Des Plaines IL 60016

(847) 627-5376

http://usrealtorsltd.com/

Address

701 Lee St

Des Plaines IL

Contact

(847) 827-0606

Address

454 E Northwest Hwy

Des Plaines IL

Contact

(847) 298-7790

Address

650 Colonial Ln

Des Plaines IL

Contact

(844) 272-9329

jim@consumerspayday.com

News on Mortgages and Reverse Mortgages for Des Plaines, Illinois 60016