Compare Today’s Mortgage Rates for Elmwood Park, Illinois

Pureloan searches mortgage lenders and major banks in Elmwood Park, Illinois 60707 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 $8,620 or $24 / month is expected in Elmwood Park and other areas of Cook county.

Pureloan’s search engine explores all home mortgage options in Elmwood Park, Illinois 60707, 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 Elmwood Park, Illinois 60707

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elmwood Park, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elmwood Park, IL 60707, 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 Elmwood Park, IL

Historical Mortgage Rates for Elmwood Park, Illinois 60707 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Elmwood Park, 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 Elmwood Park, Illinois 60707

If you’re looking to buy a new home in Elmwood Park, we have compiled a list of the leading mortgage brokers around Elmwood Park, Illinois 60707 to help you with your search.

Name
Address
Contact

Real Estate Resources

7821 W Belmont Ave

Elmwood Park IL 60707

(708) 452-6756

USA Mortgage

7534 W North Ave

Elmwood Park IL 60707

(708) 456-0090

http://www.usamortgagecorp.com

Mortgage Resource Group

7544 W North Ave

Elmwood Park IL 60707

(708) 452-5151

info@mrgloans.com

TitleMax Title Loans

2834 N Harlem Ave

Elmwood Park IL 60707

(708) 452-0737

webinquiries@titlemax.com

TitleMax Title Loans

7528 W North Ave

Elmwood Park IL 60707

(708) 452-0125

webinquiries@titlemax.com

Address

7821 W Belmont Ave

Elmwood Park IL

Contact

(708) 452-6756

Address

7534 W North Ave

Elmwood Park IL

Contact

(708) 456-0090

http://www.usamortgagecorp.com

Address

7544 W North Ave

Elmwood Park IL

Contact

(708) 452-5151

info@mrgloans.com

News on Mortgages and Reverse Mortgages for Elmwood Park, Illinois 60707