Compare Today’s Mortgage Rates for Hillsboro, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Hillsboro, Illinois 62049. 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 $7,166 or $20 / month in Hillsboro and surrounding areas of Montgomery 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 Hillsboro, Illinois 62049.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Hillsboro, Illinois 62049

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Hillsboro, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Hillsboro, IL 62049, 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 Hillsboro, IL

Historical Mortgage Rates for Hillsboro, Illinois 62049 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Hillsboro, Illinois and around Montgomery 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 Hillsboro, Illinois 62049

If you’re looking to buy a new home in Hillsboro, we have compiled a list of the leading mortgage brokers around Hillsboro, Illinois 62049 to help you with your search.

Name
Address
Contact

Heights Finance

232 S Main St

Hillsboro IL 62049

(217) 532-5534

http://www.heightsfinance.com/

Heights Finance Corporation

1131 Vandalia Rd

Hillsboro IL 62049

(217) 532-5534

http://www.heightsfinance.com

OneMain Financial

1403 W Ferdon St

Litchfield IL 62049

(217) 324-4139

http://branches.onemainfinancial.com/il/litchfield/1403-west-ferdon-street.html

Cash Store

1203 W Ferdon St

Litchfield IL 62049

(217) 324-2885

info@cashstore.co.za

America's Financial Choice

14 Litchfield Plz

Litchfield IL 62049

(217) 324-5400

info@afchoice.com

Address

232 S Main St

Hillsboro IL

Contact

(217) 532-5534

http://www.heightsfinance.com/

Address

1131 Vandalia Rd

Hillsboro IL

Contact

(217) 532-5534

http://www.heightsfinance.com

Address

1403 W Ferdon St

Litchfield IL

Contact

(217) 324-4139

http://branches.onemainfinancial.com/il/litchfield/1403-west-ferdon-street.html

News on Mortgages and Reverse Mortgages for Hillsboro, Illinois 62049