Compare Today’s Mortgage Rates in Patoka, Illinois 62875
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Patoka, Illinois 62875.
Our search engine thoroughly explores all home mortgage options in Patoka, Illinois 62875, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $3,451 in lifetime cash or $10 per month in Patoka and other areas of Marion county.
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Summary of Average Mortgages in Patoka, Illinois 62875
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Patoka, Illinois 62875
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Patoka, IL 62875. 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 Patoka, Illinois 62875 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Patoka, Illinois and around Marion 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 | 90.30% | 87.91% | 82.42% | 82.72% | 84.19% | 85.23% | 77.92% | 86.59% | |
| avg mortgage rate | 4.16% | 3.89% | 4.07% | 4.47% | 4.00% | 3.93% | 4.76% | 5.03% | |
| % 15 year fixed mortgage | 8.44% | 9.85% | 11.62% | 13.60% | 13.03% | 11.38% | 16.40% | 10.11% | |
| avg mortgage rate | 3.31% | 3.16% | 3.23% | 3.51% | 3.25% | 3.30% | 3.87% | 4.38% | |
| Avg credit score | 793.88 | 754.84 | 757.27 | 758.67 | 759.34 | 762.31 | 764.96 | 761.58 | |
| Avg LTV (loan to value) | 82.79% | 83.99% | 83.72% | 83.15% | 81.73% | 79.26% | 77.87% | 77.04% | |
| Avg DTI (debt to income) | 34.39 | 32.60 | 32.38 | 32.26 | 31.62 | 30.78 | 32.29 | 31.71 | |
| % First time homebuyer | 16.88% | 25.52% | 29.83% | 27.57% | 29.49% | 28.00% | 27.76% | 36.26% | |
| Avg mortgage insurance % | 13.27% | 13.90% | 14.35% | 11.63% | 11.57% | 9.20% | 6.08% | 5.09% |
Best Mortgage Brokers around Patoka, Illinois 62875
For those searching for a new home in Patoka, we have compiled a list of the top mortgage brokers located in and around Patoka, Illinois 62875 to assist you with your search.
Name
Address
Contact
Cash Store
103 Baldridge Rd
Salem IL 62875
(618) 548-6200
http://www.cashstore.com
State Finance
222 W Main St
Salem IL 62875
(618) 548-8999
gregarchibald@aol.com
Personal Finance
1325 W Whittaker St
Salem IL 62875
(618) 548-5095
pfcinfo@pfcloan.com
World Finance
704 E Walnut St
Carbondale IL 62875
(618) 529-1436
OneMain Financial
1000 N Carbon St
Marion IL 62875
(618) 997-5457
http://branches.onemainfinancial.com/il/marion/1000-n--carbon-street.html
Address
103 Baldridge Rd
Salem IL
Contact
(618) 548-6200
http://www.cashstore.com
Address
222 W Main St
Salem IL
Contact
(618) 548-8999
gregarchibald@aol.com
Address
1325 W Whittaker St
Salem IL
Contact
(618) 548-5095
pfcinfo@pfcloan.com