Compare Today’s Mortgage Rates for Lanark, Illinois

Pureloan searches mortgage lenders and major banks in Lanark, Illinois 61046 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 $6,862 or $19 / month is expected in Lanark and other areas of Carroll county.

Pureloan’s search engine explores all home mortgage options in Lanark, Illinois 61046, 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 Lanark, Illinois 61046

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lanark, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lanark, IL 61046, 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 Lanark, IL

Historical Mortgage Rates for Lanark, Illinois 61046 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lanark, Illinois and around Carroll 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 Lanark, Illinois 61046

If you’re looking to buy a new home in Lanark, we have compiled a list of the leading mortgage brokers around Lanark, Illinois 61046 to help you with your search.

Name
Address
Contact

MT Carroll Bank Facility

703 S East St

Mount Carroll IL 61046

(815) 244-2261

http://www.savannathomsonstatebank.com

TitleMax Title Loans

2298 Gateway Center Dr

Belvidere IL 61046

(815) 544-5703

webinquiries@titlemax.com

Check 'n Go

128 S State St

Belvidere IL 61046

(815) 547-1900

comments@checkngo.com

Springleaf Financial Services

342 W Chrysler Dr

Belvidere IL 61046

(815) 544-3417

compliancehelpline@slfs.com

World Finance

1464 N State St

Belvidere IL 61046

(815) 544-0750

http://www.worldacceptance.com

Address

703 S East St

Mount Carroll IL

Contact

(815) 244-2261

http://www.savannathomsonstatebank.com

Address

2298 Gateway Center Dr

Belvidere IL

Contact

(815) 544-5703

webinquiries@titlemax.com

Address

128 S State St

Belvidere IL

Contact

(815) 547-1900

comments@checkngo.com

News on Mortgages and Reverse Mortgages for Lanark, Illinois 61046