Compare Today’s Mortgage Rates in Dow, Illinois 62022
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Dow, Illinois 62022.
Our search engine thoroughly explores all home mortgage options in Dow, Illinois 62022, 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 $6,147 in lifetime cash or $17 per month in Dow and other areas of Jersey county.
Summary of Average Mortgages in Dow, Illinois 62022
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Interactive Mortgage Rate Projections for Dow, Illinois 62022
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Dow, IL 62022. 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 Dow, Illinois 62022 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Dow, Illinois and around Jersey 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 | 92.67% | 89.46% | 88.93% | 86.85% | 86.86% | 86.36% | 82.41% | 82.68% | 84.24% |
| avg mortgage rate | 6.60% | 4.80% | 3.04% | 3.27% | 4.37% | 4.60% | 4.14% | 3.83% | 4.04% |
| % 15 year fixed mortgage | 4.19% | 8.46% | 8.66% | 11.11% | 8.89% | 9.50% | 13.97% | 11.36% | 11.67% |
| avg mortgage rate | 5.92% | 3.86% | 2.32% | 2.72% | 3.72% | 4.01% | 3.37% | 3.07% | 3.13% |
| Avg credit score | 742.05 | 757.63 | 746.76 | 751.02 | 763.81 | 755.04 | 783.82 | 751.10 | 752.23 |
| Avg LTV (loan to value) | 86.68% | 86.56% | 85.96% | 85.63% | 84.08% | 82.84% | 83.55% | 84.04% | 82.40% |
| Avg DTI (debt to income) | 34.25 | 33.95 | 32.75 | 32.34 | 33.24 | 33.63 | 33.01 | 31.89 | 32.18 |
| % First time homebuyer | 56.54% | 43.13% | 38.93% | 37.80% | 35.18% | 28.32% | 23.10% | 25.33% | 23.74% |
| Avg mortgage insurance % | 17.32% | 16.37% | 16.02% | 15.75% | 14.12% | 13.09% | 12.89% | 13.71% | 11.98% |
Best Mortgage Brokers around Dow, Illinois 62022
For those searching for a new home in Dow, we have compiled a list of the top mortgage brokers located in and around Dow, Illinois 62022 to assist you with your search.
Cornerstone Home Loans
400 Saint Louis St
Edwardsville IL 62022
(618) 659-0700
http://www.cornerstonemortgageus.com/
Mortgage Makers
2205 S State Route 157
Edwardsville IL 62022
(618) 692-1470
gerard@mortgagemakersinc.com
Wintrust Mortgage Co.
921 S Arbor Vitae
Edwardsville IL 62022
(618) 692-8247
sphillips@wintrustmortgage.com
1St Advantage Mortgage
5404 Fox Ct
Edwardsville IL 62022
(618) 692-1558
http://1stadvantagemortgage.com
Prime Lending
60 S State Route 157
Edwardsville IL 62022
(618) 307-5801
http://www.primelending.com/
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
Address
921 S Arbor Vitae
Edwardsville IL
Contact
(618) 692-8247
sphillips@wintrustmortgage.com