Compare Today’s Mortgage Rates for Mount Olive, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Mount Olive, Illinois 62069. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $2,972 or $8 / month in Mount Olive and surrounding areas of Macoupin county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Mount Olive, Illinois 62069.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Mount Olive, Illinois 62069

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Interactive Mortgage Rate Projections for Mount Olive, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Mount Olive, IL 62069, 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 Mount Olive, IL

Historical Mortgage Rates for Mount Olive, Illinois 62069 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Mount Olive, Illinois and around Macoupin 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 83.52% 80.42% 82.04% 85.67% 84.46% 85.22% 84.87% 85.19%
avg mortgage rate 4.94% 4.74% 3.87% 3.96% 4.43% 4.05% 3.84% 4.08%
% 15 year fixed mortgage 12.23% 14.86% 13.97% 12.31% 11.02% 11.34% 10.46% 11.48%
avg mortgage rate 4.33% 3.99% 3.13% 3.00% 3.40% 3.17% 3.04% 3.20%
Avg credit score 762.28 759.96 757.56 756.73 753.38 752.11 750.03 752.87
Avg LTV (loan to value) 77.11% 78.67% 81.08% 81.23% 82.45% 82.38% 83.72% 83.62%
Avg DTI (debt to income) 31.55 32.21 30.99 32.23 32.29 32.75 32.60 33.27
% First time homebuyer 29.04% 25.00% 25.35% 26.64% 25.14% 24.33% 26.69% 18.15%
Avg mortgage insurance % 5.23% 6.90% 9.98% 10.90% 11.61% 12.38% 13.52% 12.73%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Mount Olive, Illinois 62069

If you’re looking to buy a new home in Mount Olive, we have compiled a list of the leading mortgage brokers around Mount Olive, Illinois 62069 to help you with your search.

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News on Mortgages and Reverse Mortgages for Mount Olive, Illinois 62069