Compare Today’s Mortgage Rates for Herscher, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Herscher, Illinois 60941. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $7,368 or $20 / month in Herscher and other areas of Kankakee county.

Our search engine explores all home mortgage options in Herscher, Illinois 60941, 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 Herscher, Illinois 60941

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Herscher, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Herscher, IL 60941, 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 Herscher, IL

Historical Mortgage Rates for Herscher, Illinois 60941 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Herscher, Illinois and around Kankakee 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 Herscher, Illinois 60941

If you’re looking to buy a new home in Herscher, we have compiled a list of the leading mortgage brokers around Herscher, Illinois 60941 to help you with your search.

Name
Address
Contact

Illinois Title Loans

1350 N Hobbie Ave

Kankakee IL 60941

(815) 939-9977

http://www.illinoistitleloansinc.com/

Springleaf Financial Services

1010 N 5th Ave

Kankakee IL 60941

(815) 932-6781

https://www.springleaf.com/branches/IL/Kankakee/60901/987

East Court Currency Exchange

1550 E Court St

Kankakee IL 60941

(815) 935-1843

World Acceptance

6 Meadowview Ctr

Kankakee IL 60941

(815) 928-8408

http://www.worldacceptance.com/

Us Lending

187 S Schuyler Ave

Kankakee IL 60941

(815) 928-8888

Address

1350 N Hobbie Ave

Kankakee IL

Contact

(815) 939-9977

http://www.illinoistitleloansinc.com/

Address

1010 N 5th Ave

Kankakee IL

Contact

(815) 932-6781

https://www.springleaf.com/branches/IL/Kankakee/60901/987

Address

1550 E Court St

Kankakee IL

Contact

(815) 935-1843

News on Mortgages and Reverse Mortgages for Herscher, Illinois 60941