Compare Today’s Mortgage Rates in Morris, Illinois 60450
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Morris, Illinois 60450.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Morris, Illinois 60450. For a 30-year fixed loan, our calculations show that you can expect to save up to $7,674 over the lifetime of your mortgage, which translates to a monthly savings of $21 in Morris and other areas of Grundy county.
Summary of Average Mortgages in Morris, Illinois 60450
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Interactive Mortgage Rate Projections for Morris, Illinois 60450
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Morris, IL 60450. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Morris, Illinois 60450 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Morris, Illinois and around Grundy county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 93.70% | 91.55% | 92.64% | 92.26% | 91.63% | 89.07% | 89.52% | 90.14% | 87.90% |
avg mortgage rate | 6.55% | 4.65% | 3.01% | 3.33% | 4.35% | 4.62% | 4.20% | 3.92% | 4.12% |
% 15 year fixed mortgage | 5.12% | 7.24% | 6.10% | 6.35% | 6.74% | 8.89% | 8.78% | 8.29% | 10.50% |
avg mortgage rate | 5.89% | 3.86% | 2.38% | 2.89% | 3.80% | 3.99% | 3.41% | 3.14% | 3.28% |
Avg credit score | 754.55 | 763.00 | 761.19 | 760.34 | 752.29 | 758.63 | 753.97 | 752.61 | 752.89 |
Avg LTV (loan to value) | 82.05% | 82.54% | 82.90% | 83.25% | 82.78% | 80.26% | 80.47% | 81.62% | 80.80% |
Avg DTI (debt to income) | 38.37 | 36.96 | 35.28 | 35.58 | 36.76 | 36.39 | 35.91 | 35.62 | 35.50 |
% First time homebuyer | 53.23% | 49.87% | 45.48% | 46.81% | 49.14% | 40.66% | 39.34% | 41.40% | 43.05% |
Avg mortgage insurance % | 12.61% | 12.56% | 12.60% | 12.82% | 12.80% | 10.20% | 10.10% | 11.32% | 11.13% |
Best Mortgage Brokers around Morris, Illinois 60450
For those searching for a new home in Morris, we have compiled a list of the top mortgage brokers located in and around Morris, Illinois 60450 to assist you with your search.
Morris Building and Loan Sb
211 E Jefferson St
Morris IL 60450
(815) 942-3232
http://www.morrisbl.com
Heights Finance Corporation
1532 Creek Dr
Morris IL 60450
(815) 941-4274
customerservice@heightsfinance.com
World Finance
1459 N Division St
Morris IL 60450
(815) 416-1275
http://worldacceptance.com
Cash Store
281 E US Route 6
Morris IL 60450
(815) 941-9200
http://www.cashstore.com
Pacor Mortgage
4544 W 103rd St
Oak Lawn IL 60450
(773) 881-7744
clientservices@pacormortgage.com
Address
211 E Jefferson St
Morris IL
Contact
(815) 942-3232
http://www.morrisbl.com
Address
1532 Creek Dr
Morris IL
Contact
(815) 941-4274
customerservice@heightsfinance.com
Address
1459 N Division St
Morris IL
Contact
(815) 416-1275
http://worldacceptance.com