Compare Today’s Mortgage Rates for Oakland, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Oakland, Illinois 61943. 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 $5,656 or $16 / month in Oakland and other areas of Coles county.

Our search engine explores all home mortgage options in Oakland, Illinois 61943, 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 Oakland, Illinois 61943

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Oakland, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Oakland, IL 61943, 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 Oakland, IL

Historical Mortgage Rates for Oakland, Illinois 61943 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Oakland, Illinois and around Coles 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 85.56% 81.61% 82.82% 85.11% 82.94% 86.92% 86.18% 83.03%
avg mortgage rate 4.96% 4.68% 3.86% 3.97% 4.39% 4.07% 3.84% 4.11%
% 15 year fixed mortgage 11.81% 15.81% 14.63% 12.56% 14.37% 11.01% 11.60% 14.36%
avg mortgage rate 4.37% 3.89% 3.08% 3.10% 3.41% 3.16% 3.01% 3.20%
Avg credit score 760.45 758.55 758.54 756.99 755.11 751.65 750.63 756.66
Avg LTV (loan to value) 77.20% 77.11% 80.43% 81.27% 81.10% 82.11% 82.58% 82.46%
Avg DTI (debt to income) 32.56 33.13 31.53 32.95 33.14 33.28 32.75 33.14
% First time homebuyer 34.51% 28.23% 35.03% 36.88% 31.87% 36.38% 38.00% 34.99%
Avg mortgage insurance % 5.01% 5.22% 8.92% 10.54% 9.70% 11.47% 12.23% 11.93%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Oakland, Illinois 61943

If you’re looking to buy a new home in Oakland, we have compiled a list of the leading mortgage brokers around Oakland, Illinois 61943 to help you with your search.

Name
Address
Contact

Courtesy Loans

126 N Main St

Paris IL 61943

(217) 465-5600

http://towerloan.com

Tower Loans

126 N Main St

Paris IL 61943

(217) 465-5600

http://www.towerloan.com/

Farm Credit Service of Illinois

321 N Central Ave

Paris IL 61943

(217) 465-7605

http://farmcreditnetwork.com

Premiere Pawn & Loan

1606 Broadway Ave

Mattoon IL 61943

(217) 258-7296

http://www.facebook.com/

OneMain Financial

136 Dettro Dr

Mattoon IL 61943

(217) 235-0478

http://branches.onemainfinancial.com/il/mattoon/136-dettro-drive.html

Address

126 N Main St

Paris IL

Contact

(217) 465-5600

http://towerloan.com

Address

126 N Main St

Paris IL

Contact

(217) 465-5600

http://www.towerloan.com/

Address

321 N Central Ave

Paris IL

Contact

(217) 465-7605

http://farmcreditnetwork.com

News on Mortgages and Reverse Mortgages for Oakland, Illinois 61943