Compare Today’s Mortgage Rates for Patoka, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Patoka, Illinois 62875. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $2,438 or $7 / month in Patoka and surrounding areas of Franklin county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Patoka, Illinois 62875.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Patoka, Illinois 62875

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 Patoka, IL 62875, 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 Patoka, Illinois 62875 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Patoka, Illinois and around Franklin 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Patoka, Illinois 62875

If you’re looking to buy a new home in Patoka, we have compiled a list of the leading mortgage brokers around Patoka, Illinois 62875 to help 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

News on Mortgages and Reverse Mortgages for Patoka, Illinois 62875