Compare Today’s Mortgage Rates for Lake Zurich, Illinois

Pureloan searches mortgage lenders and major banks in Lake Zurich, Illinois 60047 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $11,756 or $33 / month is expected in Lake Zurich and other areas of Lake county.

Pureloan’s search engine explores all home mortgage options in Lake Zurich, Illinois 60047, 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 Lake Zurich, Illinois 60047

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lake Zurich, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lake Zurich, IL 60047, 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 Zurich, IL

Historical Mortgage Rates for Lake Zurich, Illinois 60047 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lake Zurich, Illinois and around Lake 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 91.78% 87.76% 89.69% 88.49% 88.96% 88.02% 90.34% 88.63%
avg mortgage rate 4.97% 4.70% 3.90% 4.00% 4.46% 4.13% 3.90% 4.14%
% 15 year fixed mortgage 6.74% 9.79% 8.06% 10.15% 9.61% 10.23% 8.17% 9.96%
avg mortgage rate 4.38% 3.94% 3.19% 3.18% 3.51% 3.28% 3.12% 3.34%
Avg credit score 759.59 761.46 762.23 758.20 754.09 752.53 752.41 752.56
Avg LTV (loan to value) 73.99% 75.67% 78.13% 79.09% 80.50% 81.09% 81.75% 81.14%
Avg DTI (debt to income) 34.68 34.66 34.09 34.60 34.69 35.25 35.30 36.08
% First time homebuyer 38.63% 33.40% 35.61% 39.08% 40.73% 40.93% 40.51% 38.52%
Avg mortgage insurance % 3.55% 4.82% 7.39% 8.39% 10.23% 11.50% 11.59% 10.51%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Lake Zurich, Illinois 60047

If you’re looking to buy a new home in Lake Zurich, we have compiled a list of the leading mortgage brokers around Lake Zurich, Illinois 60047 to help you with your search.

Name
Address
Contact

Midwest Funding

1 1st Bank Plz

Lake Zurich IL 60047

(847) 438-7660

Pko Mortgage

83 W Main St

Lake Zurich IL 60047

(847) 550-9523

First ALL America Mortgage

21020 N Rand Rd

Lake Zurich IL 60047

(847) 719-3460

Prime Lending

11 1st Bank Plz

Lake Zurich IL 60047

(847) 419-2800

http://www.JamesRStachyra.com

Absolute Mortgage Corporation

10 W Main St

Lake Zurich IL 60047

(847) 438-7000

diane.boand@absolutemtg.com

Address

1 1st Bank Plz

Lake Zurich IL

Contact

(847) 438-7660

Address

83 W Main St

Lake Zurich IL

Contact

(847) 550-9523

Address

21020 N Rand Rd

Lake Zurich IL

Contact

(847) 719-3460

News on Mortgages and Reverse Mortgages for Lake Zurich, Illinois 60047