Compare Today’s Mortgage Rates for Oak Lawn, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Oak Lawn, Illinois 60453. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $7,226 or $20 / month in Oak Lawn and other areas of Cook county.

Our search engine explores all home mortgage options in Oak Lawn, Illinois 60453, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Oak Lawn, Illinois 60453

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Oak Lawn, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Oak Lawn, IL 60453, 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 Lawn, IL

Historical Mortgage Rates for Oak Lawn, Illinois 60453 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Oak Lawn, 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 Lawn, Illinois 60453

If you’re looking to buy a new home in Oak Lawn, we have compiled a list of the leading mortgage brokers around Oak Lawn, Illinois 60453 to help you with your search.

Name
Address
Contact

TitleMax Title Loans

10033 S Ridgeland Ave

Oak Lawn IL 60453

(708) 529-2244

webinquiries@titlemax.com

American Way Financial

5323 W 95th St

Oak Lawn IL 60453

(708) 636-7526

Residential Title

4544 W 103rd St

Oak Lawn IL 60453

(708) 229-2790

Palos Premium Finance

10933 Central Ave

Oak Lawn IL 60453

(708) 857-9495

Dmi Financial

5423 W 95th St

Oak Lawn IL 60453

(708) 581-0150

http://www.dmifinancial.com/

Address

10033 S Ridgeland Ave

Oak Lawn IL

Contact

(708) 529-2244

webinquiries@titlemax.com

Address

5323 W 95th St

Oak Lawn IL

Contact

(708) 636-7526

Address

4544 W 103rd St

Oak Lawn IL

Contact

(708) 229-2790

News on Mortgages and Reverse Mortgages for Oak Lawn, Illinois 60453