Compare Today’s Mortgage Rates in O Fallon, Illinois 62269
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in O Fallon, Illinois 62269.
Our search engine thoroughly explores all home mortgage options in O Fallon, Illinois 62269, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $8,356 in lifetime cash or $23 per month in O Fallon and other areas of Saint Clair county.
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Summary of Average Mortgages in O Fallon, Illinois 62269
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APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for O Fallon, Illinois 62269
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in O Fallon, IL 62269. 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 O Fallon, Illinois 62269 from 2024 - 2016
We have compiled mortgage rates charts for home loans in O Fallon, Illinois and around Saint Clair 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 | 90.30% | 87.91% | 82.42% | 82.72% | 84.19% | 85.23% | 77.92% | 86.59% | |
avg mortgage rate | 4.16% | 3.89% | 4.07% | 4.47% | 4.00% | 3.93% | 4.76% | 5.03% | |
% 15 year fixed mortgage | 8.44% | 9.85% | 11.62% | 13.60% | 13.03% | 11.38% | 16.40% | 10.11% | |
avg mortgage rate | 3.31% | 3.16% | 3.23% | 3.51% | 3.25% | 3.30% | 3.87% | 4.38% | |
Avg credit score | 793.88 | 754.84 | 757.27 | 758.67 | 759.34 | 762.31 | 764.96 | 761.58 | |
Avg LTV (loan to value) | 82.79% | 83.99% | 83.72% | 83.15% | 81.73% | 79.26% | 77.87% | 77.04% | |
Avg DTI (debt to income) | 34.39 | 32.60 | 32.38 | 32.26 | 31.62 | 30.78 | 32.29 | 31.71 | |
% First time homebuyer | 16.88% | 25.52% | 29.83% | 27.57% | 29.49% | 28.00% | 27.76% | 36.26% | |
Avg mortgage insurance % | 13.27% | 13.90% | 14.35% | 11.63% | 11.57% | 9.20% | 6.08% | 5.09% |
Best Mortgage Brokers around O Fallon, Illinois 62269
For those searching for a new home in O Fallon, we have compiled a list of the top mortgage brokers located in and around O Fallon, Illinois 62269 to assist you with your search.
Name
Address
Contact
Check 'n Go
1407 W US 50
O Fallon IL 62269
(618) 624-8483
http://www.checkngo.com/
Wells Fargo Home Mortgage
3 Eagle Ctr
O Fallon IL 62269
(618) 632-2600
http://www.wellsfargo.com/mortgage/
Pickering Financial
200 Southview Plz
O Fallon IL 62269
(618) 377-2004
Mortgage Pros
808 Reiss Rd
O Fallon IL 62269
(618) 628-8813
Accent Mortgage Service
1400 S Lincoln Ave
O Fallon IL 62269
(618) 628-1790
http://www.accentmortgage.com
Address
1407 W US 50
O Fallon IL
Contact
(618) 624-8483
http://www.checkngo.com/
Address
3 Eagle Ctr
O Fallon IL
Contact
(618) 632-2600
http://www.wellsfargo.com/mortgage/
Address
200 Southview Plz
O Fallon IL
Contact
(618) 377-2004