Compare Today’s Mortgage Rates for Monticello, Illinois

Pureloan searches mortgage lenders and major banks in Monticello, Illinois 61856 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 $5,707 or $16 / month is expected in Monticello and other areas of Piatt county.

Pureloan’s search engine explores all home mortgage options in Monticello, Illinois 61856, 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 Monticello, Illinois 61856

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 Monticello, IL 61856, 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 Monticello, Illinois 61856 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Monticello, Illinois and around Piatt 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 Monticello, Illinois 61856

If you’re looking to buy a new home in Monticello, we have compiled a list of the leading mortgage brokers around Monticello, Illinois 61856 to help you with your search.

Name
Address
Contact

World Finance

322 E Champaign Ave

Rantoul IL 61856

(217) 892-5577

http://www.worldacceptance.com

Hartland Mortgage Center

308 E Madison St

Philo IL 61856

(217) 684-2492

Premiere Pawn & Loan

1606 Broadway Ave

Mattoon IL 61856

(217) 258-7296

http://www.facebook.com/

OneMain Financial

136 Dettro Dr

Mattoon IL 61856

(217) 235-0478

http://branches.onemainfinancial.com/il/mattoon/136-dettro-drive.html

TitleMax Title Loans

700 Broadway Ave E

Mattoon IL 61856

(217) 235-4500

webinquiries@titlemax.com

Address

322 E Champaign Ave

Rantoul IL

Contact

(217) 892-5577

http://www.worldacceptance.com

Address

308 E Madison St

Philo IL

Contact

(217) 684-2492

Address

1606 Broadway Ave

Mattoon IL

Contact

(217) 258-7296

http://www.facebook.com/

News on Mortgages and Reverse Mortgages for Monticello, Illinois 61856