Compare Today’s Mortgage Rates for Oak Forest, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Oak Forest, Illinois 60452. 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 $6,899 or $19 / month in Oak Forest and surrounding areas of Cook 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 Oak Forest, Illinois 60452.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Oak Forest, Illinois 60452

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Oak Forest, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Oak Forest, IL 60452, 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 Oak Forest, IL

Historical Mortgage Rates for Oak Forest, Illinois 60452 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Oak Forest, Illinois and around Cook 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 91.78% 87.76% 89.69% 88.49% 88.96% 88.02% 90.34% 88.63%
avg mortgage rate 4.97% 4.70% 3.90% 4.00% 4.46% 4.13% 3.90% 4.14%
% 15 year fixed mortgage 6.74% 9.79% 8.06% 10.15% 9.61% 10.23% 8.17% 9.96%
avg mortgage rate 4.38% 3.94% 3.19% 3.18% 3.51% 3.28% 3.12% 3.34%
Avg credit score 759.59 761.46 762.23 758.20 754.09 752.53 752.41 752.56
Avg LTV (loan to value) 73.99% 75.67% 78.13% 79.09% 80.50% 81.09% 81.75% 81.14%
Avg DTI (debt to income) 34.68 34.66 34.09 34.60 34.69 35.25 35.30 36.08
% First time homebuyer 38.63% 33.40% 35.61% 39.08% 40.73% 40.93% 40.51% 38.52%
Avg mortgage insurance % 3.55% 4.82% 7.39% 8.39% 10.23% 11.50% 11.59% 10.51%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Oak Forest, Illinois 60452

If you’re looking to buy a new home in Oak Forest, we have compiled a list of the leading mortgage brokers around Oak Forest, Illinois 60452 to help you with your search.

Name
Address
Contact

Academy Mortgage - Oak Forest

15000 Cicero Ave

Oak Forest IL 60452

(708) 687-5800

contact@academymortgage.com

First National Mortgage

14930 Cicero Ave

Oak Forest IL 60452

(708) 377-0305

Action Title Service

5251 147th St

Oak Forest IL 60452

(708) 687-1154

Midwest Title Loans

6154 159th St

Oak Forest IL 60452

(708) 429-7355

https://www.midwesttitleloans.net/Locations/ILLINOIS/Oak-Forest/6154-159th-St

Equity Plus Mortgage

6006 159th St

Oak Forest IL 60452

(708) 535-0820

http://www.epmloans.com

Address

15000 Cicero Ave

Oak Forest IL

Contact

(708) 687-5800

contact@academymortgage.com

Address

14930 Cicero Ave

Oak Forest IL

Contact

(708) 377-0305

Address

5251 147th St

Oak Forest IL

Contact

(708) 687-1154

News on Mortgages and Reverse Mortgages for Oak Forest, Illinois 60452