Compare Today’s Mortgage Rates for Lake Fork, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lake Fork, Illinois 62541. 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 $6,134 or $17 / month in Lake Fork and surrounding areas of Logan 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 Lake Fork, Illinois 62541.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Lake Fork, Illinois 62541

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lake Fork, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lake Fork, IL 62541, 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 Lake Fork, IL

Historical Mortgage Rates for Lake Fork, Illinois 62541 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lake Fork, Illinois and around Logan 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Lake Fork, Illinois 62541

If you’re looking to buy a new home in Lake Fork, we have compiled a list of the leading mortgage brokers around Lake Fork, Illinois 62541 to help you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

2950 N Water St

Decatur IL 62541

(217) 875-5967

http://www.wellsfargo.com/mortgage/

State Finance Co.

701 W Pershing Rd

Decatur IL 62541

(217) 872-7666

World Finance

3745 N Woodford St

Decatur IL 62541

(217) 876-9168

http://www.worldfinance.com/

Wintrust Mortgage

1610 E Pershing Rd

Decatur IL 62541

(217) 875-7149

Farm Credit Service

2415 E Mound Rd

Decatur IL 62541

(217) 877-3141

http://farmcreditnetwork.com

Address

2950 N Water St

Decatur IL

Contact

(217) 875-5967

http://www.wellsfargo.com/mortgage/

Address

701 W Pershing Rd

Decatur IL

Contact

(217) 872-7666

Address

3745 N Woodford St

Decatur IL

Contact

(217) 876-9168

http://www.worldfinance.com/

News on Mortgages and Reverse Mortgages for Lake Fork, Illinois 62541