Compare Today’s Mortgage Rates for Hoffman Estates, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Hoffman Estates, Illinois 60179. 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 $9,972 or $28 / month in Hoffman Estates 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 Hoffman Estates, Illinois 60179.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Hoffman Estates, Illinois 60179

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Hoffman Estates, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Hoffman Estates, IL 60179, 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 Hoffman Estates, IL

Historical Mortgage Rates for Hoffman Estates, Illinois 60179 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Hoffman Estates, 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 Hoffman Estates, Illinois 60179

If you’re looking to buy a new home in Hoffman Estates, we have compiled a list of the leading mortgage brokers around Hoffman Estates, Illinois 60179 to help you with your search.

Name
Address
Contact

Nationwide Mortgage

2300 Barrington Rd

Hoffman Estates IL 60179

(847) 490-5355

Mortgage Masters Lending Group

3100 W Higgins Rd

Hoffman Estates IL 60179

(847) 885-1900

Commonwealth United Mortgage

2300 Barrington Rd

Hoffman Estates IL 60179

(847) 252-2251

Flagship Mortgage

2500 W Higgins Rd

Hoffman Estates IL 60179

(847) 908-2980

Presidential Preferred Funding

2356 Hassell Rd

Hoffman Estates IL 60179

(847) 885-2020

illinoismortgagebroker@gmail.com

Address

2300 Barrington Rd

Hoffman Estates IL

Contact

(847) 490-5355

Address

3100 W Higgins Rd

Hoffman Estates IL

Contact

(847) 885-1900

Address

2300 Barrington Rd

Hoffman Estates IL

Contact

(847) 252-2251

News on Mortgages and Reverse Mortgages for Hoffman Estates, Illinois 60179