Compare Today’s Mortgage Rates for Lansing, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Lansing, Illinois 60438. 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 $5,541 or $15 / month in Lansing and other areas of Cook county.

Our search engine explores all home mortgage options in Lansing, Illinois 60438, 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 Lansing, Illinois 60438

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lansing, IL 60438, 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.

Historical Mortgage Rates for Lansing, Illinois 60438 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Lansing, Illinois and around Cook 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 Lansing, Illinois 60438

If you’re looking to buy a new home in Lansing, we have compiled a list of the leading mortgage brokers around Lansing, Illinois 60438 to help you with your search.

Name
Address
Contact

Title Max

17643 Torrence Ave

Lansing IL 60438

(708) 418-3325

Qwest Capital Solution

18525 Torrence Ave

Lansing IL 60438

(708) 251-5384

Select Management Resources

17350 Torrence Ave

Lansing IL 60438

(708) 474-3237

Covenant Mortgage Service

18762 E Salem Ct

Lansing IL 60438

(708) 474-7283

Carr Processing

3436 Ridge Rd

Lansing IL 60438

(708) 889-0184

Address

17643 Torrence Ave

Lansing IL

Contact

(708) 418-3325

Address

18525 Torrence Ave

Lansing IL

Contact

(708) 251-5384

Address

17350 Torrence Ave

Lansing IL

Contact

(708) 474-3237

News on Mortgages and Reverse Mortgages for Lansing, Illinois 60438