Compare Today’s Mortgage Rates for Mattoon, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Mattoon, Illinois 61938. 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 $3,451 or $10 / month in Mattoon and surrounding areas of Coles 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 Mattoon, Illinois 61938.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Mattoon, Illinois 61938

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 Mattoon, IL 61938, 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 Mattoon, Illinois 61938 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Mattoon, Illinois and around Coles 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 85.56% 81.61% 82.82% 85.11% 82.94% 86.92% 86.18% 83.03%
avg mortgage rate 4.96% 4.68% 3.86% 3.97% 4.39% 4.07% 3.84% 4.11%
% 15 year fixed mortgage 11.81% 15.81% 14.63% 12.56% 14.37% 11.01% 11.60% 14.36%
avg mortgage rate 4.37% 3.89% 3.08% 3.10% 3.41% 3.16% 3.01% 3.20%
Avg credit score 760.45 758.55 758.54 756.99 755.11 751.65 750.63 756.66
Avg LTV (loan to value) 77.20% 77.11% 80.43% 81.27% 81.10% 82.11% 82.58% 82.46%
Avg DTI (debt to income) 32.56 33.13 31.53 32.95 33.14 33.28 32.75 33.14
% First time homebuyer 34.51% 28.23% 35.03% 36.88% 31.87% 36.38% 38.00% 34.99%
Avg mortgage insurance % 5.01% 5.22% 8.92% 10.54% 9.70% 11.47% 12.23% 11.93%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Mattoon, Illinois 61938

If you’re looking to buy a new home in Mattoon, we have compiled a list of the leading mortgage brokers around Mattoon, Illinois 61938 to help you with your search.

Name
Address
Contact

American General Financial Svc

120 S 8th St

Mattoon IL 61938

(217) 235-0366

Lake Land Boulevard Banking Center

1504 Lake Land Blvd

Mattoon IL 61938

(217) 258-0478

Power Loan of Mattoon

1410 Broadway Ave

Mattoon IL 61938

(217) 235-1046

Tower Loans

1422 Broadway Ave

Mattoon IL 61938

(217) 258-8980

http://towerloan.com

Heights Finance

1500 Lake Land Blvd

Mattoon IL 61938

(217) 235-2274

customeradvocate@heightsfinance.com

Address

120 S 8th St

Mattoon IL

Contact

(217) 235-0366

Address

1504 Lake Land Blvd

Mattoon IL

Contact

(217) 258-0478

Address

1410 Broadway Ave

Mattoon IL

Contact

(217) 235-1046

News on Mortgages and Reverse Mortgages for Mattoon, Illinois 61938