Compare Today’s Mortgage Rates in Homer, Illinois 61849
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Homer, Illinois 61849.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Homer, Illinois 61849. For a 30-year fixed loan, our calculations show that you can expect to save up to $4,930 over the lifetime of your mortgage, which translates to a monthly savings of $14 in Homer and other areas of Champaign county.
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Summary of Average Mortgages in Homer, Illinois 61849
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Homer, Illinois 61849
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Homer, IL 61849. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Homer, Illinois 61849 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Homer, Illinois and around Champaign county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 93.14% | 88.92% | 88.28% | 84.30% | 86.72% | 85.93% | 83.84% | 83.66% | 84.64% |
| avg mortgage rate | 6.66% | 4.73% | 3.06% | 3.35% | 4.39% | 4.67% | 4.17% | 3.82% | 4.04% |
| % 15 year fixed mortgage | 5.39% | 9.39% | 8.99% | 12.93% | 10.55% | 11.17% | 13.01% | 13.16% | 12.61% |
| avg mortgage rate | 5.73% | 3.88% | 2.45% | 2.80% | 3.79% | 4.07% | 3.31% | 2.99% | 3.14% |
| Avg credit score | 747.56 | 775.84 | 764.46 | 766.79 | 772.91 | 760.40 | 752.02 | 750.15 | 751.05 |
| Avg LTV (loan to value) | 82.44% | 83.73% | 84.12% | 83.82% | 84.02% | 82.94% | 83.16% | 82.95% | 82.00% |
| Avg DTI (debt to income) | 34.28 | 35.94 | 33.15 | 33.45 | 33.38 | 34.31 | 33.14 | 32.57 | 32.36 |
| % First time homebuyer | 46.57% | 41.88% | 37.71% | 38.20% | 36.48% | 31.17% | 29.45% | 33.28% | 30.53% |
| Avg mortgage insurance % | 13.34% | 14.11% | 13.95% | 13.93% | 14.03% | 12.93% | 11.98% | 12.69% | 11.32% |
Best Mortgage Brokers around Homer, Illinois 61849
For those searching for a new home in Homer, we have compiled a list of the top mortgage brokers located in and around Homer, Illinois 61849 to assist 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