Compare Today’s Mortgage Rates for Granite City, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Granite City, Illinois 62040. 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 $2,924 or $8 / month in Granite City and surrounding areas of Madison 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 Granite City, Illinois 62040.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Granite City, Illinois 62040

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 Granite City, IL 62040, 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 Granite City, Illinois 62040 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Granite City, Illinois and around Madison 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 83.52% 80.42% 82.04% 85.67% 84.46% 85.22% 84.87% 85.19%
avg mortgage rate 4.94% 4.74% 3.87% 3.96% 4.43% 4.05% 3.84% 4.08%
% 15 year fixed mortgage 12.23% 14.86% 13.97% 12.31% 11.02% 11.34% 10.46% 11.48%
avg mortgage rate 4.33% 3.99% 3.13% 3.00% 3.40% 3.17% 3.04% 3.20%
Avg credit score 762.28 759.96 757.56 756.73 753.38 752.11 750.03 752.87
Avg LTV (loan to value) 77.11% 78.67% 81.08% 81.23% 82.45% 82.38% 83.72% 83.62%
Avg DTI (debt to income) 31.55 32.21 30.99 32.23 32.29 32.75 32.60 33.27
% First time homebuyer 29.04% 25.00% 25.35% 26.64% 25.14% 24.33% 26.69% 18.15%
Avg mortgage insurance % 5.23% 6.90% 9.98% 10.90% 11.61% 12.38% 13.52% 12.73%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Granite City, Illinois 62040

If you’re looking to buy a new home in Granite City, we have compiled a list of the leading mortgage brokers around Granite City, Illinois 62040 to help you with your search.

Name
Address
Contact

Dentaquest

2913 Forest Ave

Granite City IL 62040

(618) 451-8814

http://dentaquest.com

Dave Anderson Mortgage Banker

2245 Pontoon Rd

Granite City IL 62040

(618) 931-3300

http://qualify4mortgage.com

Community Loans of America

3410 Nameoki Rd

Granite City IL 62040

(618) 451-7993

Preferred Mortgage

2245 Pontoon Rd

Granite City IL 62040

(618) 931-3300

http://www.qualify4mortgage.com

Midwest Title Loans

3715 Nameoki Rd

Granite City IL 62040

(618) 451-0000

https://www.midwesttitleloans.net/Locations/ILLINOIS/Granite-City/3715-Nameoki-Rd

Address

2913 Forest Ave

Granite City IL

Contact

(618) 451-8814

http://dentaquest.com

Address

2245 Pontoon Rd

Granite City IL

Contact

(618) 931-3300

http://qualify4mortgage.com

Address

3410 Nameoki Rd

Granite City IL

Contact

(618) 451-7993

News on Mortgages and Reverse Mortgages for Granite City, Illinois 62040