Compare Today’s Mortgage Rates for Palos Heights, Illinois

Pureloan searches mortgage lenders and major banks in Palos Heights, Illinois 60463 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $9,901 or $28 / month is expected in Palos Heights and other areas of Cook county.

Pureloan’s search engine explores all home mortgage options in Palos Heights, Illinois 60463, 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 Palos Heights, Illinois 60463

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Palos Heights, IL 60463, 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.

Historical Mortgage Rates for Palos Heights, Illinois 60463 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Palos Heights, 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 Palos Heights, Illinois 60463

If you’re looking to buy a new home in Palos Heights, we have compiled a list of the leading mortgage brokers around Palos Heights, Illinois 60463 to help you with your search.

Name
Address
Contact

Ctx Palos Heights

11824 Southwest Hwy

Palos Heights IL 60463

(708) 448-1600

Fundamental Mortgage Solutions

12800 S Ridgeland Ave

Palos Heights IL 60463

(708) 224-4050

Xpert Mortgage

12800 S Ridgeland Ave

Palos Heights IL 60463

(708) 897-0299

Frost Mortgage Lending

12800 S Ridgeland Ave

Palos Heights IL 60463

(708) 597-6777

Pacor Mortgage

7300 W College Dr

Palos Heights IL 60463

(708) 827-6786

clientservices@pacormortgage.com

Address

11824 Southwest Hwy

Palos Heights IL

Contact

(708) 448-1600

Address

12800 S Ridgeland Ave

Palos Heights IL

Contact

(708) 224-4050

Address

12800 S Ridgeland Ave

Palos Heights IL

Contact

(708) 897-0299

News on Mortgages and Reverse Mortgages for Palos Heights, Illinois 60463