Compare Today’s Mortgage Rates for Park Forest, Illinois

Pureloan searches mortgage lenders and major banks in Park Forest, Illinois 60466 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 $3,367 or $9 / month is expected in Park Forest and other areas of Cook county.

Pureloan’s search engine explores all home mortgage options in Park Forest, Illinois 60466, 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 Park Forest, Illinois 60466

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 Park Forest, IL 60466, 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 Park Forest, Illinois 60466 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Park Forest, 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 Park Forest, Illinois 60466

If you’re looking to buy a new home in Park Forest, we have compiled a list of the leading mortgage brokers around Park Forest, Illinois 60466 to help you with your search.

Name
Address
Contact

Unlimited Processing Professionals

23450 S Western Ave

Park Forest IL 60466

(708) 503-9900

Pan American Mortgage

90 North St

Park Forest IL 60466

(708) 747-3905

Challenge Mortgage

23450 S Western Ave

Park Forest IL 60466

(708) 748-6055

http://www.challengemortgagenc.com

Onyx Enterprises

420 N Orchard Dr

Park Forest IL 60466

(708) 756-1500

http://onyxenterprisesinc.com

Atlantic Mortgage

262 Main St

Park Forest IL 60466

(708) 228-5710

Address

23450 S Western Ave

Park Forest IL

Contact

(708) 503-9900

Address

90 North St

Park Forest IL

Contact

(708) 747-3905

Address

23450 S Western Ave

Park Forest IL

Contact

(708) 748-6055

http://www.challengemortgagenc.com

News on Mortgages and Reverse Mortgages for Park Forest, Illinois 60466