Compare Today’s Mortgage Rates in Litchfield, Illinois 62056
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Litchfield, Illinois 62056.
Our search engine thoroughly explores all home mortgage options in Litchfield, Illinois 62056, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $3,328 in lifetime cash or $9 per month in Litchfield and other areas of Montgomery county.
Summary of Average Mortgages in Litchfield, Illinois 62056
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Interactive Mortgage Rate Projections for Litchfield, Illinois 62056
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Litchfield, IL 62056. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Litchfield, Illinois 62056 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Litchfield, Illinois and around Montgomery county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 92.67% | 89.46% | 88.93% | 86.85% | 86.86% | 86.36% | 82.41% | 82.68% | 84.24% |
avg mortgage rate | 6.60% | 4.80% | 3.04% | 3.27% | 4.37% | 4.60% | 4.14% | 3.83% | 4.04% |
% 15 year fixed mortgage | 4.19% | 8.46% | 8.66% | 11.11% | 8.89% | 9.50% | 13.97% | 11.36% | 11.67% |
avg mortgage rate | 5.92% | 3.86% | 2.32% | 2.72% | 3.72% | 4.01% | 3.37% | 3.07% | 3.13% |
Avg credit score | 742.05 | 757.63 | 746.76 | 751.02 | 763.81 | 755.04 | 783.82 | 751.10 | 752.23 |
Avg LTV (loan to value) | 86.68% | 86.56% | 85.96% | 85.63% | 84.08% | 82.84% | 83.55% | 84.04% | 82.40% |
Avg DTI (debt to income) | 34.25 | 33.95 | 32.75 | 32.34 | 33.24 | 33.63 | 33.01 | 31.89 | 32.18 |
% First time homebuyer | 56.54% | 43.13% | 38.93% | 37.80% | 35.18% | 28.32% | 23.10% | 25.33% | 23.74% |
Avg mortgage insurance % | 17.32% | 16.37% | 16.02% | 15.75% | 14.12% | 13.09% | 12.89% | 13.71% | 11.98% |
Best Mortgage Brokers around Litchfield, Illinois 62056
For those searching for a new home in Litchfield, we have compiled a list of the top mortgage brokers located in and around Litchfield, Illinois 62056 to assist you with your search.
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/