Compare Today’s Mortgage Rates for Macon, Illinois

Pureloan searches mortgage lenders and major banks in Macon, Illinois 62544 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $6,134 or $17 / month is expected in Macon and other areas of Macon county.

Pureloan’s search engine explores all home mortgage options in Macon, Illinois 62544, 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 Macon, Illinois 62544

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Macon, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Macon, IL 62544, 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 Macon, IL

Historical Mortgage Rates for Macon, Illinois 62544 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Macon, Illinois and around Macon 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 Macon, Illinois 62544

If you’re looking to buy a new home in Macon, we have compiled a list of the leading mortgage brokers around Macon, Illinois 62544 to help you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

2950 N Water St

Decatur IL 62544

(217) 875-5967

http://www.wellsfargo.com/mortgage/

State Finance Co.

701 W Pershing Rd

Decatur IL 62544

(217) 872-7666

World Finance

3745 N Woodford St

Decatur IL 62544

(217) 876-9168

http://www.worldfinance.com/

Wintrust Mortgage

1610 E Pershing Rd

Decatur IL 62544

(217) 875-7149

Farm Credit Service

2415 E Mound Rd

Decatur IL 62544

(217) 877-3141

http://farmcreditnetwork.com

Address

2950 N Water St

Decatur IL

Contact

(217) 875-5967

http://www.wellsfargo.com/mortgage/

Address

701 W Pershing Rd

Decatur IL

Contact

(217) 872-7666

Address

3745 N Woodford St

Decatur IL

Contact

(217) 876-9168

http://www.worldfinance.com/

News on Mortgages and Reverse Mortgages for Macon, Illinois 62544