Compare Today’s Mortgage Rates for Pekin, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Pekin, Illinois 61558. 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 $5,656 or $16 / month in Pekin and surrounding areas of Tazewell 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 Pekin, Illinois 61558.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Pekin, Illinois 61558

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Pekin, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Pekin, IL 61558, 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.

Local Mortgage Rates for Pekin, IL

Historical Mortgage Rates for Pekin, Illinois 61558 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Pekin, Illinois and around Tazewell 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 85.56% 81.61% 82.82% 85.11% 82.94% 86.92% 86.18% 83.03%
avg mortgage rate 4.96% 4.68% 3.86% 3.97% 4.39% 4.07% 3.84% 4.11%
% 15 year fixed mortgage 11.81% 15.81% 14.63% 12.56% 14.37% 11.01% 11.60% 14.36%
avg mortgage rate 4.37% 3.89% 3.08% 3.10% 3.41% 3.16% 3.01% 3.20%
Avg credit score 760.45 758.55 758.54 756.99 755.11 751.65 750.63 756.66
Avg LTV (loan to value) 77.20% 77.11% 80.43% 81.27% 81.10% 82.11% 82.58% 82.46%
Avg DTI (debt to income) 32.56 33.13 31.53 32.95 33.14 33.28 32.75 33.14
% First time homebuyer 34.51% 28.23% 35.03% 36.88% 31.87% 36.38% 38.00% 34.99%
Avg mortgage insurance % 5.01% 5.22% 8.92% 10.54% 9.70% 11.47% 12.23% 11.93%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Pekin, Illinois 61558

If you’re looking to buy a new home in Pekin, we have compiled a list of the leading mortgage brokers around Pekin, Illinois 61558 to help you with your search.

Name
Address
Contact

American General Financial Svc

3564 Court St

Pekin IL 61558

(309) 346-3191

http://www.aigag.com

PNC Mortgage

3545 Court St

Pekin IL 61558

(309) 353-7758

http://pncmortgage.com

Home Service Co.

416 Margaret St

Pekin IL 61558

(309) 353-5626

Tower Loan

1019 Derby St

Pekin IL 61558

(309) 346-4006

Mortgage Services III

3210 Court St

Pekin IL 61558

(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

News on Mortgages and Reverse Mortgages for Pekin, Illinois 61558