Compare Today’s Mortgage Rates in Godfrey, Illinois 62035
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Godfrey, Illinois 62035.
Our search engine thoroughly explores all home mortgage options in Godfrey, Illinois 62035, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $5,752 in lifetime cash or $16 per month in Godfrey and other areas of Madison county.
Summary of Average Mortgages in Godfrey, Illinois 62035
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Interactive Mortgage Rate Projections for Godfrey, Illinois 62035
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Godfrey, IL 62035. 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 Godfrey, Illinois 62035 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Godfrey, Illinois and around Madison 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 | 92.67% | 89.46% | 88.93% | 86.85% | 86.86% | 86.36% | 82.41% | 82.68% | 84.24% |
avg mortgage rate | 6.60% | 4.80% | 3.04% | 3.27% | 4.37% | 4.60% | 4.14% | 3.83% | 4.04% |
% 15 year fixed mortgage | 4.19% | 8.46% | 8.66% | 11.11% | 8.89% | 9.50% | 13.97% | 11.36% | 11.67% |
avg mortgage rate | 5.92% | 3.86% | 2.32% | 2.72% | 3.72% | 4.01% | 3.37% | 3.07% | 3.13% |
Avg credit score | 742.05 | 757.63 | 746.76 | 751.02 | 763.81 | 755.04 | 783.82 | 751.10 | 752.23 |
Avg LTV (loan to value) | 86.68% | 86.56% | 85.96% | 85.63% | 84.08% | 82.84% | 83.55% | 84.04% | 82.40% |
Avg DTI (debt to income) | 34.25 | 33.95 | 32.75 | 32.34 | 33.24 | 33.63 | 33.01 | 31.89 | 32.18 |
% First time homebuyer | 56.54% | 43.13% | 38.93% | 37.80% | 35.18% | 28.32% | 23.10% | 25.33% | 23.74% |
Avg mortgage insurance % | 17.32% | 16.37% | 16.02% | 15.75% | 14.12% | 13.09% | 12.89% | 13.71% | 11.98% |
Best Mortgage Brokers around Godfrey, Illinois 62035
For those searching for a new home in Godfrey, we have compiled a list of the top mortgage brokers located in and around Godfrey, Illinois 62035 to assist you with your search.
First Financial Midwest
3323 Greenbriar Ave
Godfrey IL 62035
(618) 466-3549
TitleMax Title Loans
3685 Nameoki Rd
Granite City IL 62035
(618) 451-7098
webinquiries@titlemax.com
Illinois Title Loans
3410 Nameoki Rd
Granite City IL 62035
(618) 451-2345
http://www.illinoistitleloansinc.com/
Midwest Title Loans
3715 Nameoki Rd
Granite City IL 62035
(618) 451-0000
https://www.midwesttitleloans.net/Locations/ILLINOIS/Granite-City/3715-Nameoki-Rd
Preferred Mortgage
2245 Pontoon Rd
Granite City IL 62035
(618) 931-3300
http://www.qualify4mortgage.com
Address
3323 Greenbriar Ave
Godfrey IL
Contact
(618) 466-3549
Address
3685 Nameoki Rd
Granite City IL
Contact
(618) 451-7098
webinquiries@titlemax.com
Address
3410 Nameoki Rd
Granite City IL
Contact
(618) 451-2345
http://www.illinoistitleloansinc.com/