Compare Today’s Mortgage Rates for Effingham, Illinois

Pureloan searches mortgage lenders and major banks in Effingham, Illinois 62401 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 $5,055 or $14 / month is expected in Effingham and other areas of Effingham county.

Pureloan’s search engine explores all home mortgage options in Effingham, Illinois 62401, 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 Effingham, Illinois 62401

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Effingham, IL 62401, 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.

Historical Mortgage Rates for Effingham, Illinois 62401 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Effingham, Illinois and around Effingham 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Effingham, Illinois 62401

If you’re looking to buy a new home in Effingham, we have compiled a list of the leading mortgage brokers around Effingham, Illinois 62401 to help you with your search.

Name
Address
Contact

American General Financial Svc

1304 Thelma Keller Ave

Effingham IL 62401

(217) 342-3958

Courtesy Loans

103 N Keller Dr

Effingham IL 62401

(217) 347-2344

Tower Loans

103 N Keller Dr

Effingham IL 62401

(217) 347-2344

http://towerloan.com

Heights Finance

312 N Keller Dr

Effingham IL 62401

(217) 342-2801

customeradvocate@heightsfinance.com

Springleaf Financial Services

1304 Thelma Keller Ave

Effingham IL 62401

(217) 342-3958

compliancehelpline@slfs.com

Address

1304 Thelma Keller Ave

Effingham IL

Contact

(217) 342-3958

Address

103 N Keller Dr

Effingham IL

Contact

(217) 347-2344

Address

103 N Keller Dr

Effingham IL

Contact

(217) 347-2344

http://towerloan.com

News on Mortgages and Reverse Mortgages for Effingham, Illinois 62401