Compare Today’s Mortgage Rates for Franklin Park, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Franklin Park, Illinois 60131. 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 $6,899 or $19 / month in Franklin Park and surrounding areas of Cook 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 Franklin Park, Illinois 60131.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Franklin Park, Illinois 60131

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 Franklin Park, IL 60131, 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 Franklin Park, Illinois 60131 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Franklin 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 91.75% 89.24% 88.79% 89.10% 89.29% 88.57% 91.06% 89.81%
avg mortgage rate 5.00% 4.68% 3.94% 4.03% 4.48% 4.14% 3.93% 4.16%
% 15 year fixed mortgage 6.87% 8.31% 8.99% 9.43% 8.88% 9.36% 7.44% 8.48%
avg mortgage rate 4.40% 3.99% 3.28% 3.18% 3.53% 3.33% 3.18% 3.47%
Avg credit score 759.54 762.15 760.88 757.28 753.55 750.95 751.98 751.40
Avg LTV (loan to value) 76.24% 77.43% 79.50% 80.85% 81.55% 82.47% 82.77% 82.25%
Avg DTI (debt to income) 34.55 34.53 34.07 34.70 35.19 35.61 35.77 36.11
% First time homebuyer 40.72% 37.42% 36.61% 41.95% 41.97% 43.55% 41.15% 39.12%
Avg mortgage insurance % 4.29% 5.62% 8.36% 10.06% 11.35% 12.73% 12.65% 11.78%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Franklin Park, Illinois 60131

If you’re looking to buy a new home in Franklin Park, we have compiled a list of the leading mortgage brokers around Franklin Park, Illinois 60131 to help you with your search.

Name
Address
Contact

A Plus Title Loans and Payday Advance

2740 Mannheim Rd

Franklin Park IL 60131

(847) 451-8800

info@aplustitleloansonline.com

TitleMax Title Loans

2416 Mannheim Rd

Franklin Park IL 60131

(847) 447-1000

webinquiries@titlemax.com

Midwest Title Loans

3145 Mannheim Rd

Franklin Park IL 60131

(847) 671-9561

webinquiries@titlemax.com

Just Credit Solutions

431 Williamsburg Ave

Geneva IL 60131

(630) 208-0800

The Blakeslee Team Geneva Il Mortgage Banker

10 W State St

Geneva IL 60131

(630) 465-7086

randy.funding@gmail.com

Address

2740 Mannheim Rd

Franklin Park IL

Contact

(847) 451-8800

info@aplustitleloansonline.com

Address

2416 Mannheim Rd

Franklin Park IL

Contact

(847) 447-1000

webinquiries@titlemax.com

Address

3145 Mannheim Rd

Franklin Park IL

Contact

(847) 671-9561

webinquiries@titlemax.com

News on Mortgages and Reverse Mortgages for Franklin Park, Illinois 60131