Compare Today’s Mortgage Rates in Paloma, Illinois 62359
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Paloma, Illinois 62359.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Paloma, Illinois 62359. For a 30-year fixed loan, our calculations show that you can expect to save up to $4,520 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Paloma and other areas of Adams county.
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Summary of Average Mortgages in Paloma, Illinois 62359
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Paloma, Illinois 62359
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Paloma, IL 62359. 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 Paloma, Illinois 62359 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Paloma, Illinois and around Adams 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 | 54.55% | 65.22% | 60.47% | 77.78% | 77.14% | 73.91% | 70.00% | 75.76% | |
| avg mortgage rate | 3.96% | 3.66% | 4.06% | 4.44% | 3.97% | 3.82% | 4.75% | 4.91% | |
| % 15 year fixed mortgage | 27.27% | 26.09% | 27.91% | 13.89% | 17.14% | 19.57% | 22.00% | 18.18% | |
| avg mortgage rate | 3.67% | 3.03% | 3.07% | 3.28% | 3.08% | 2.98% | 3.88% | 4.29% | |
| Avg credit score | 755.64 | 761.04 | 753.02 | 748.28 | 757.14 | 756.20 | 741.52 | 751.17 | |
| Avg LTV (loan to value) | 82.09% | 78.26% | 79.42% | 81.83% | 77.09% | 83.20% | 80.04% | 81.48% | |
| Avg DTI (debt to income) | 33.27 | 27.85 | 32.37 | 29.28 | 29.69 | 29.89 | 30.22 | 31.45 | |
| % First time homebuyer | 27.27% | 19.57% | 11.63% | 27.78% | 31.43% | 36.96% | 30.00% | 30.30% | |
| Avg mortgage insurance % | 10.45% | 8.04% | 8.56% | 8.44% | 5.91% | 13.20% | 4.98% | 9.98% |
Best Mortgage Brokers around Paloma, Illinois 62359
For those searching for a new home in Paloma, we have compiled a list of the top mortgage brokers located in and around Paloma, Illinois 62359 to assist you with your search.
Name
Address
Contact
World Acceptance
1095 W Washington St
Pittsfield IL 62359
(217) 285-4564
http://worldacceptance.com
TitleMax Title Loans
910 N Keller Dr
Effingham IL 62359
(217) 342-5454
webinquiries@titlemax.com
Springleaf Financial Services
1304 Thelma Keller Ave
Effingham IL 62359
(217) 342-3958
compliancehelpline@slfs.com
Heights Finance
312 N Keller Dr
Effingham IL 62359
(217) 342-2801
customeradvocate@heightsfinance.com
Tower Loans
103 N Keller Dr
Effingham IL 62359
(217) 347-2344
http://towerloan.com
Address
1095 W Washington St
Pittsfield IL
Contact
(217) 285-4564
http://worldacceptance.com
Address
910 N Keller Dr
Effingham IL
Contact
(217) 342-5454
webinquiries@titlemax.com
Address
1304 Thelma Keller Ave
Effingham IL
Contact
(217) 342-3958
compliancehelpline@slfs.com