Compare Today’s Mortgage Rates in Effingham, Illinois 62401
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Effingham, Illinois 62401.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $6,147 over the lifetime of your 30-year fixed loan, or a monthly savings of $17 in Effingham and other areas of Effingham county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Effingham, Illinois 62401
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Interactive Mortgage Rate Projections for Effingham, Illinois 62401
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Effingham, IL 62401. 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 Effingham, Illinois 62401 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Effingham, Illinois and around Effingham 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 | 77.50% | 74.58% | 72.49% | 74.12% | 77.96% | 76.19% | 69.79% | 76.23% | 72.40% |
avg mortgage rate | 6.65% | 4.80% | 3.07% | 3.34% | 4.48% | 4.64% | 4.14% | 3.80% | 3.99% |
% 15 year fixed mortgage | 17.50% | 19.92% | 19.82% | 17.06% | 16.73% | 16.88% | 18.30% | 16.14% | 17.19% |
avg mortgage rate | 5.73% | 4.07% | 2.26% | 2.78% | 3.79% | 3.93% | 3.27% | 2.86% | 3.15% |
Avg credit score | 732.13 | 740.66 | 765.85 | 852.92 | 733.38 | 737.97 | 781.78 | 739.47 | 740.27 |
Avg LTV (loan to value) | 81.98% | 85.10% | 83.47% | 85.56% | 82.92% | 81.76% | 83.43% | 83.69% | 82.26% |
Avg DTI (debt to income) | 33.83 | 29.77 | 29.43 | 30.23 | 29.19 | 30.36 | 28.94 | 28.41 | 27.91 |
% First time homebuyer | 50.00% | 37.71% | 33.73% | 41.76% | 41.63% | 36.36% | 35.74% | 40.36% | 39.58% |
Avg mortgage insurance % | 13.03% | 15.19% | 13.38% | 14.67% | 11.94% | 11.78% | 12.09% | 11.26% | 11.67% |
Best Mortgage Brokers around Effingham, Illinois 62401
For those searching for a new home in Effingham, we have compiled a list of the top mortgage brokers located in and around Effingham, Illinois 62401 to assist you with your search.
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