Compare Today’s Mortgage Rates for Park Ridge, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Park Ridge, Illinois 60068. 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 $15,180 or $42 / month in Park Ridge and other areas of Cook county.

Our search engine explores all home mortgage options in Park Ridge, Illinois 60068, 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 Ridge, Illinois 60068

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 Ridge, IL 60068, 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 Ridge, Illinois 60068 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Park Ridge, 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 Ridge, Illinois 60068

If you’re looking to buy a new home in Park Ridge, we have compiled a list of the leading mortgage brokers around Park Ridge, Illinois 60068 to help you with your search.

Name
Address
Contact

Msc Financial

2604 Dempster St

Park Ridge IL 60068

(847) 803-9700

Key Mortgage

27 N Northwest Hwy

Park Ridge IL 60068

(847) 823-0107

Forum Mortgage Bancorp

727 Devon Ave

Park Ridge IL 60068

(847) 292-6500

Scenario Mortgage

1550 N Northwest Hwy

Park Ridge IL 60068

(847) 257-0710

brendan@scenariomortgage.com

Rainbow Mortgage

1480 Renaissance Dr

Park Ridge IL 60068

(847) 296-1122

http://www.rainbowmortgage.com

Address

2604 Dempster St

Park Ridge IL

Contact

(847) 803-9700

Address

27 N Northwest Hwy

Park Ridge IL

Contact

(847) 823-0107

Address

727 Devon Ave

Park Ridge IL

Contact

(847) 292-6500

News on Mortgages and Reverse Mortgages for Park Ridge, Illinois 60068