Compare Today’s Mortgage Rates for Litchfield, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Litchfield, Illinois 62056. 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 $3,409 or $9 / month in Litchfield and surrounding areas of Montgomery 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 Litchfield, Illinois 62056.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Litchfield, Illinois 62056

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 Litchfield, IL 62056, 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 Litchfield, Illinois 62056 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Litchfield, Illinois and around Montgomery 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 83.52% 80.42% 82.04% 85.67% 84.46% 85.22% 84.87% 85.19%
avg mortgage rate 4.94% 4.74% 3.87% 3.96% 4.43% 4.05% 3.84% 4.08%
% 15 year fixed mortgage 12.23% 14.86% 13.97% 12.31% 11.02% 11.34% 10.46% 11.48%
avg mortgage rate 4.33% 3.99% 3.13% 3.00% 3.40% 3.17% 3.04% 3.20%
Avg credit score 762.28 759.96 757.56 756.73 753.38 752.11 750.03 752.87
Avg LTV (loan to value) 77.11% 78.67% 81.08% 81.23% 82.45% 82.38% 83.72% 83.62%
Avg DTI (debt to income) 31.55 32.21 30.99 32.23 32.29 32.75 32.60 33.27
% First time homebuyer 29.04% 25.00% 25.35% 26.64% 25.14% 24.33% 26.69% 18.15%
Avg mortgage insurance % 5.23% 6.90% 9.98% 10.90% 11.61% 12.38% 13.52% 12.73%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Litchfield, Illinois 62056

If you’re looking to buy a new home in Litchfield, we have compiled a list of the leading mortgage brokers around Litchfield, Illinois 62056 to help you with your search.

Name
Address
Contact

State Finance

410 N Monroe St

Litchfield IL 62056

(217) 324-9377

http://www.statefinance.com

World Finance

110 W Union Ave

Litchfield IL 62056

(217) 324-4177

http://worldacceptance.com

First Montgomery Bancorp

324 N State St

Litchfield IL 62056

(217) 324-2105

http://fnbill.com/

America's Financial Choice

14 Litchfield Plz

Litchfield IL 62056

(217) 324-5400

info@afchoice.com

Cash Store

1203 W Ferdon St

Litchfield IL 62056

(217) 324-2885

info@cashstore.co.za

Address

410 N Monroe St

Litchfield IL

Contact

(217) 324-9377

http://www.statefinance.com

Address

110 W Union Ave

Litchfield IL

Contact

(217) 324-4177

http://worldacceptance.com

Address

324 N State St

Litchfield IL

Contact

(217) 324-2105

http://fnbill.com/

News on Mortgages and Reverse Mortgages for Litchfield, Illinois 62056