Compare Today’s Mortgage Rates for Melvin, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Melvin, Illinois 60952. 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 $2,351 or $7 / month in Melvin and other areas of Ford county.

Our search engine explores all home mortgage options in Melvin, Illinois 60952, 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 Melvin, Illinois 60952

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 Melvin, IL 60952, 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 Melvin, Illinois 60952 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Melvin, Illinois and around Ford 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 Melvin, Illinois 60952

If you’re looking to buy a new home in Melvin, we have compiled a list of the leading mortgage brokers around Melvin, Illinois 60952 to help you with your search.

Name
Address
Contact

St Francis Mortgage Corporation

110 S Market St

Paxton IL 60952

(217) 379-5363

Prairieland Insurance Group

305 N Market St

Paxton IL 60952

(217) 379-2188

http://www.prairieland.org/

TitleMax Title Loans

2298 Gateway Center Dr

Belvidere IL 60952

(815) 544-5703

webinquiries@titlemax.com

Check 'n Go

128 S State St

Belvidere IL 60952

(815) 547-1900

comments@checkngo.com

Springleaf Financial Services

342 W Chrysler Dr

Belvidere IL 60952

(815) 544-3417

compliancehelpline@slfs.com

Address

110 S Market St

Paxton IL

Contact

(217) 379-5363

Address

305 N Market St

Paxton IL

Contact

(217) 379-2188

http://www.prairieland.org/

Address

2298 Gateway Center Dr

Belvidere IL

Contact

(815) 544-5703

webinquiries@titlemax.com

News on Mortgages and Reverse Mortgages for Melvin, Illinois 60952