Compare Today’s Mortgage Rates for Merna, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Merna, Illinois 61758. 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 $11,397 or $32 / month in Merna and other areas of Mclean county.

Our search engine explores all home mortgage options in Merna, Illinois 61758, 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 Merna, Illinois 61758

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Merna, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Merna, IL 61758, 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 Merna, IL

Historical Mortgage Rates for Merna, Illinois 61758 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Merna, Illinois and around Mclean 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 Merna, Illinois 61758

If you’re looking to buy a new home in Merna, we have compiled a list of the leading mortgage brokers around Merna, Illinois 61758 to help you with your search.

Name
Address
Contact

PNC Mortgage

1501 E College Ave

Normal IL 61758

(309) 451-5520

http://pncmortgage.com/

Wells Fargo Home Mortgage

108 Boeykens Pl

Normal IL 61758

(309) 452-2515

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

1st Farm Credit Service

2000 Jacobssen Dr

Normal IL 61758

(309) 268-0100

http://1stfarmcredit.com

Illinois Title Loans

1315 S Main St

Normal IL 61758

(309) 828-5446

http://www.illinoistitleloansinc.com/

Springleaf Financial Services

1540 E College Ave

Normal IL 61758

(309) 451-1876

https://www.springleaf.com/branches/IL/Normal/61761/336

Address

1501 E College Ave

Normal IL

Contact

(309) 451-5520

http://pncmortgage.com/

Address

108 Boeykens Pl

Normal IL

Contact

(309) 452-2515

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

Address

2000 Jacobssen Dr

Normal IL

Contact

(309) 268-0100

http://1stfarmcredit.com

News on Mortgages and Reverse Mortgages for Merna, Illinois 61758