Compare Today’s Mortgage Rates in Palestine, Illinois 62451
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Palestine, Illinois 62451.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $1,890 over the lifetime of your 30-year fixed loan, or a monthly savings of $5 in Palestine and other areas of Crawford county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
39.002823
-87.615695
26966
Summary of Average Mortgages in Palestine, Illinois 62451
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Palestine, Illinois 62451
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Palestine, Illinois 62451
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Palestine, IL 62451. 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 Palestine, Illinois 62451 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Palestine, Illinois and around Crawford 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 | 77.50% | 74.58% | 72.49% | 74.12% | 77.96% | 76.19% | 69.79% | 76.23% | 72.40% |
avg mortgage rate | 6.65% | 4.80% | 3.07% | 3.34% | 4.48% | 4.64% | 4.14% | 3.80% | 3.99% |
% 15 year fixed mortgage | 17.50% | 19.92% | 19.82% | 17.06% | 16.73% | 16.88% | 18.30% | 16.14% | 17.19% |
avg mortgage rate | 5.73% | 4.07% | 2.26% | 2.78% | 3.79% | 3.93% | 3.27% | 2.86% | 3.15% |
Avg credit score | 732.13 | 740.66 | 765.85 | 852.92 | 733.38 | 737.97 | 781.78 | 739.47 | 740.27 |
Avg LTV (loan to value) | 81.98% | 85.10% | 83.47% | 85.56% | 82.92% | 81.76% | 83.43% | 83.69% | 82.26% |
Avg DTI (debt to income) | 33.83 | 29.77 | 29.43 | 30.23 | 29.19 | 30.36 | 28.94 | 28.41 | 27.91 |
% First time homebuyer | 50.00% | 37.71% | 33.73% | 41.76% | 41.63% | 36.36% | 35.74% | 40.36% | 39.58% |
Avg mortgage insurance % | 13.03% | 15.19% | 13.38% | 14.67% | 11.94% | 11.78% | 12.09% | 11.26% | 11.67% |
Best Mortgage Brokers around Palestine, Illinois 62451
For those searching for a new home in Palestine, we have compiled a list of the top mortgage brokers located in and around Palestine, Illinois 62451 to assist you with your search.
Name
Address
Contact
Cash Store
1005 N West St
Olney IL 62451
(618) 395-9700
http://www.cashstore.com
Security Finance
315 S Whittle Ave
Olney IL 62451
(618) 395-6131
il_0979@sfcbranches.com
State Finance Co.
313 S Whittle Ave
Olney IL 62451
(618) 392-7540
Personal Finance Co.
323 S Whittle Ave
Olney IL 62451
(618) 395-2177
pfcinfo@pfcloan.com
Wells Fargo Home Mortgage
2950 N Water St
Decatur IL 62451
(217) 875-5967
http://www.wellsfargo.com/mortgage/
Address
1005 N West St
Olney IL
Contact
(618) 395-9700
http://www.cashstore.com
Address
315 S Whittle Ave
Olney IL
Contact
(618) 395-6131
il_0979@sfcbranches.com
Address
313 S Whittle Ave
Olney IL
Contact
(618) 392-7540