Compare Today’s Mortgage Rates for Milford, Illinois

Pureloan searches mortgage lenders and major banks in Milford, Illinois 60953 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 $3,270 or $9 / month is expected in Milford and other areas of Iroquois county.

Pureloan’s search engine explores all home mortgage options in Milford, Illinois 60953, 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 Milford, Illinois 60953

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Milford, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Milford, IL 60953, 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 Milford, IL

Historical Mortgage Rates for Milford, Illinois 60953 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Milford, Illinois and around Iroquois 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 Milford, Illinois 60953

If you’re looking to buy a new home in Milford, we have compiled a list of the leading mortgage brokers around Milford, Illinois 60953 to help you with your search.

Name
Address
Contact

St Francis Mortgage Corporation

110 S Market St

Paxton IL 60953

(217) 379-5363

Prairieland Insurance Group

305 N Market St

Paxton IL 60953

(217) 379-2188

http://www.prairieland.org/

TitleMax Title Loans

2298 Gateway Center Dr

Belvidere IL 60953

(815) 544-5703

webinquiries@titlemax.com

Check 'n Go

128 S State St

Belvidere IL 60953

(815) 547-1900

comments@checkngo.com

Springleaf Financial Services

342 W Chrysler Dr

Belvidere IL 60953

(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 Milford, Illinois 60953