Compare Today’s Mortgage Rates for Homer, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Homer, Illinois 61849. 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 $7,488 or $21 / month in Homer and other areas of Champaign county.

Our search engine explores all home mortgage options in Homer, Illinois 61849, 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 Homer, Illinois 61849

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Homer, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Homer, IL 61849, 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 Homer, IL

Historical Mortgage Rates for Homer, Illinois 61849 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Homer, Illinois and around Champaign 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 85.56% 81.61% 82.82% 85.11% 82.94% 86.92% 86.18% 83.03%
avg mortgage rate 4.96% 4.68% 3.86% 3.97% 4.39% 4.07% 3.84% 4.11%
% 15 year fixed mortgage 11.81% 15.81% 14.63% 12.56% 14.37% 11.01% 11.60% 14.36%
avg mortgage rate 4.37% 3.89% 3.08% 3.10% 3.41% 3.16% 3.01% 3.20%
Avg credit score 760.45 758.55 758.54 756.99 755.11 751.65 750.63 756.66
Avg LTV (loan to value) 77.20% 77.11% 80.43% 81.27% 81.10% 82.11% 82.58% 82.46%
Avg DTI (debt to income) 32.56 33.13 31.53 32.95 33.14 33.28 32.75 33.14
% First time homebuyer 34.51% 28.23% 35.03% 36.88% 31.87% 36.38% 38.00% 34.99%
Avg mortgage insurance % 5.01% 5.22% 8.92% 10.54% 9.70% 11.47% 12.23% 11.93%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Homer, Illinois 61849

If you’re looking to buy a new home in Homer, we have compiled a list of the leading mortgage brokers around Homer, Illinois 61849 to help you with your search.

Name
Address
Contact

Collective Mortgage Service

603 N Dianne Ln

Mahomet IL 61849

(217) 590-4717

Illinois Title Loans

1301 N Prospect Ave

Champaign IL 61849

(217) 356-3427

http://www.illinoistitleloansinc.com/

TitleMax Title Loans

1308 N Prospect Ave

Champaign IL 61849

(217) 402-9862

webinquiries@titlemax.com

PrimeLending, A PlainsCapital Company

2009 Fox Dr

Champaign IL 61849

(217) 355-3800

https://lo.primelending.com/champaign

First Choice Loans

1401 N Prospect Ave

Champaign IL 61849

(217) 531-1100

http://www.qcholdings.com/

Address

603 N Dianne Ln

Mahomet IL

Contact

(217) 590-4717

Address

1301 N Prospect Ave

Champaign IL

Contact

(217) 356-3427

http://www.illinoistitleloansinc.com/

Address

1308 N Prospect Ave

Champaign IL

Contact

(217) 402-9862

webinquiries@titlemax.com

News on Mortgages and Reverse Mortgages for Homer, Illinois 61849