Compare Today’s Mortgage Rates in Pekin, Illinois 61554
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Pekin, Illinois 61554.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Pekin, Illinois 61554. For a 30-year fixed loan, our calculations show that you can expect to save up to $3,821 over the lifetime of your mortgage, which translates to a monthly savings of $11 in Pekin and other areas of Tazewell county.
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Summary of Average Mortgages in Pekin, Illinois 61554
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Pekin, Illinois 61554
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Pekin, IL 61554. 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 Pekin, Illinois 61554 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Pekin, Illinois and around Tazewell 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 | 93.14% | 88.92% | 88.28% | 84.30% | 86.72% | 85.93% | 83.84% | 83.66% | 84.64% |
avg mortgage rate | 6.66% | 4.73% | 3.06% | 3.35% | 4.39% | 4.67% | 4.17% | 3.82% | 4.04% |
% 15 year fixed mortgage | 5.39% | 9.39% | 8.99% | 12.93% | 10.55% | 11.17% | 13.01% | 13.16% | 12.61% |
avg mortgage rate | 5.73% | 3.88% | 2.45% | 2.80% | 3.79% | 4.07% | 3.31% | 2.99% | 3.14% |
Avg credit score | 747.56 | 775.84 | 764.46 | 766.79 | 772.91 | 760.40 | 752.02 | 750.15 | 751.05 |
Avg LTV (loan to value) | 82.44% | 83.73% | 84.12% | 83.82% | 84.02% | 82.94% | 83.16% | 82.95% | 82.00% |
Avg DTI (debt to income) | 34.28 | 35.94 | 33.15 | 33.45 | 33.38 | 34.31 | 33.14 | 32.57 | 32.36 |
% First time homebuyer | 46.57% | 41.88% | 37.71% | 38.20% | 36.48% | 31.17% | 29.45% | 33.28% | 30.53% |
Avg mortgage insurance % | 13.34% | 14.11% | 13.95% | 13.93% | 14.03% | 12.93% | 11.98% | 12.69% | 11.32% |
Best Mortgage Brokers around Pekin, Illinois 61554
For those searching for a new home in Pekin, we have compiled a list of the top mortgage brokers located in and around Pekin, Illinois 61554 to assist you with your search.
Name
Address
Contact
American General Financial Svc
3564 Court St
Pekin IL 61554
(309) 346-3191
http://www.aigag.com
PNC Mortgage
3545 Court St
Pekin IL 61554
(309) 353-7758
http://pncmortgage.com
Home Service Co.
416 Margaret St
Pekin IL 61554
(309) 353-5626
Tower Loan
1019 Derby St
Pekin IL 61554
(309) 346-4006
Mortgage Services III
3210 Court St
Pekin IL 61554
(309) 273-1537
http://www.msieasypath.com/portfolio_category/pekin-il/
Address
3564 Court St
Pekin IL
Contact
(309) 346-3191
http://www.aigag.com
Address
3545 Court St
Pekin IL
Contact
(309) 353-7758
http://pncmortgage.com
Address
416 Margaret St
Pekin IL
Contact
(309) 353-5626