Compare Today’s Mortgage Rates for Mount Vernon, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Mount Vernon, Illinois 62864. 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 $3,914 or $11 / month in Mount Vernon and surrounding areas of Jefferson 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 Vernon, Illinois 62864.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Mount Vernon, Illinois 62864

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 Mount Vernon, IL 62864, 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 Mount Vernon, Illinois 62864 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Mount Vernon, Illinois and around Jefferson 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Mount Vernon, Illinois 62864

If you’re looking to buy a new home in Mount Vernon, we have compiled a list of the leading mortgage brokers around Mount Vernon, Illinois 62864 to help you with your search.

Name
Address
Contact

Cash 2 Go

4115 Broadway St

Mount Vernon IL 62864

(618) 242-1055

Title Loans Of America

3113 Broadway St

Mount Vernon IL 62864

(618) 244-3659

http://www.claill.com

King City Cash & Loan Pawn

823 S 10th St

Mount Vernon IL 62864

(618) 244-2430

PRO Com Services of Illinois

817 Main St

Mount Vernon IL 62864

(618) 242-2150

Personal Finance Co.

609 Broadway St

Mount Vernon IL 62864

(618) 242-0537

pfcinfo@pfcloan.com

Address

4115 Broadway St

Mount Vernon IL

Contact

(618) 242-1055

Address

3113 Broadway St

Mount Vernon IL

Contact

(618) 244-3659

http://www.claill.com

Address

823 S 10th St

Mount Vernon IL

Contact

(618) 244-2430

News on Mortgages and Reverse Mortgages for Mount Vernon, Illinois 62864