Compare Today’s Mortgage Rates for Downers Grove, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Downers Grove, Illinois 60515. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $12,239 or $34 / month in Downers Grove and surrounding areas of Dupage county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Downers Grove, Illinois 60515.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Downers Grove, Illinois 60515

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Downers Grove, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Downers Grove, IL 60515, 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 Downers Grove, IL

Historical Mortgage Rates for Downers Grove, Illinois 60515 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Downers Grove, Illinois and around Dupage 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 Downers Grove, Illinois 60515

If you’re looking to buy a new home in Downers Grove, we have compiled a list of the leading mortgage brokers around Downers Grove, Illinois 60515 to help you with your search.

Name
Address
Contact

Rich Brennan

5920 Washington St

Downers Grove IL 60515

(630) 971-9941

Zachary Kraus

2201 63rd St

Downers Grove IL 60515

(630) 234-7126

zachary.kraus@usbank.com

Holloway Property Preservation

1202 75th St

Downers Grove IL 60515

(630) 452-1012

Resource Mortgage

6655 Main St

Downers Grove IL 60515

(630) 969-9586

greg@ezmortgage4u.com

Always Reliable Mortgage

6912 Main St

Downers Grove IL 60515

(630) 964-2184

Address

5920 Washington St

Downers Grove IL

Contact

(630) 971-9941

Address

2201 63rd St

Downers Grove IL

Contact

(630) 234-7126

zachary.kraus@usbank.com

Address

1202 75th St

Downers Grove IL

Contact

(630) 452-1012

News on Mortgages and Reverse Mortgages for Downers Grove, Illinois 60515