Compare Today’s Mortgage Rates for Olney, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Olney, Illinois 62450. 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 $5,534 or $15 / month in Olney and other areas of Richland county.

Our search engine explores all home mortgage options in Olney, Illinois 62450, 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 Olney, Illinois 62450

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Olney, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Olney, IL 62450, 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 Olney, IL

Historical Mortgage Rates for Olney, Illinois 62450 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Olney, Illinois and around Richland 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 Olney, Illinois 62450

If you’re looking to buy a new home in Olney, we have compiled a list of the leading mortgage brokers around Olney, Illinois 62450 to help you with your search.

Name
Address
Contact

Personal Finance Co.

323 S Whittle Ave

Olney IL 62450

(618) 395-2177

pfcinfo@pfcloan.com

State Finance Co.

313 S Whittle Ave

Olney IL 62450

(618) 392-7540

Security Finance

315 S Whittle Ave

Olney IL 62450

(618) 395-6131

il_0979@sfcbranches.com

Cash Store

1005 N West St

Olney IL 62450

(618) 395-9700

http://www.cashstore.com

Address

323 S Whittle Ave

Olney IL

Contact

(618) 395-2177

pfcinfo@pfcloan.com

Address

313 S Whittle Ave

Olney IL

Contact

(618) 392-7540

Address

315 S Whittle Ave

Olney IL

Contact

(618) 395-6131

il_0979@sfcbranches.com

News on Mortgages and Reverse Mortgages for Olney, Illinois 62450