Compare Today’s Mortgage Rates for Lockport, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Lockport, Illinois 60441. 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 $7,570 or $21 / month in Lockport and other areas of Will county.

Our search engine explores all home mortgage options in Lockport, Illinois 60441, 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 Lockport, Illinois 60441

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lockport, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lockport, IL 60441, 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 Lockport, IL

Historical Mortgage Rates for Lockport, Illinois 60441 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lockport, Illinois and around Will 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 Lockport, Illinois 60441

If you’re looking to buy a new home in Lockport, we have compiled a list of the leading mortgage brokers around Lockport, Illinois 60441 to help you with your search.

Name
Address
Contact

Harlem Mortgage

16614 W 159th St

Lockport IL 60441

(815) 836-3500

http://www.boyce-insurance.com/

Piazza Masonry

2842 S State St

Lockport IL 60441

(815) 727-7772

Universal Financial Group

16610 W 159th St

Lockport IL 60441

(815) 524-4929

Affinity Credit Services

16537 W 159th St

Lockport IL 60441

(815) 838-1240

Prospect Mortgage

16622 W 159th St

Lockport IL 60441

(815) 838-1527

Address

16614 W 159th St

Lockport IL

Contact

(815) 836-3500

http://www.boyce-insurance.com/

Address

2842 S State St

Lockport IL

Contact

(815) 727-7772

Address

16610 W 159th St

Lockport IL

Contact

(815) 524-4929

News on Mortgages and Reverse Mortgages for Lockport, Illinois 60441