Compare Today’s Mortgage Rates for Lincoln, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lincoln, Illinois 62656. 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 $5,777 or $16 / month in Lincoln 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 Lincoln, Illinois 62656.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Lincoln, Illinois 62656

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lincoln, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lincoln, IL 62656, 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 Lincoln, IL

Historical Mortgage Rates for Lincoln, Illinois 62656 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lincoln, 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 Lincoln, Illinois 62656

If you’re looking to buy a new home in Lincoln, we have compiled a list of the leading mortgage brokers around Lincoln, Illinois 62656 to help you with your search.

Name
Address
Contact

Action Cash Advance & Title

503 Broadway St

Lincoln IL 62656

(217) 735-2274

Tower Loan

411 Pulaski St

Lincoln IL 62656

(217) 735-4919

ads@lincolndailynews.com

Farm Credit Service

327 N Kickapoo St

Lincoln IL 62656

(217) 732-2201

http://www.farmcredit.com/

World Finance

1224 Woodlawn Rd

Lincoln IL 62656

(217) 732-8282

wac200@worldacceptance.net

State Financial

128 S Chicago St

Lincoln IL 62656

(217) 735-9494

http://www.statefinancial.com

Address

503 Broadway St

Lincoln IL

Contact

(217) 735-2274

Address

411 Pulaski St

Lincoln IL

Contact

(217) 735-4919

ads@lincolndailynews.com

Address

327 N Kickapoo St

Lincoln IL

Contact

(217) 732-2201

http://www.farmcredit.com/

News on Mortgages and Reverse Mortgages for Lincoln, Illinois 62656