Compare Today’s Mortgage Rates for Peoria, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Peoria, Illinois 61638. 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 $2,933 or $8 / month in Peoria and surrounding areas of Peoria 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 Peoria, Illinois 61638.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Peoria, Illinois 61638

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Peoria, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Peoria, IL 61638, 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 Peoria, IL

Historical Mortgage Rates for Peoria, Illinois 61638 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Peoria, Illinois and around Peoria 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 Peoria, Illinois 61638

If you’re looking to buy a new home in Peoria, we have compiled a list of the leading mortgage brokers around Peoria, Illinois 61638 to help you with your search.

Name
Address
Contact

Title Cash

3108 N Sterling Ave

Peoria IL 61638

(309) 494-9535

contactus@titlecash.com

Emergency Loan Center

3106 N Gale Ave

Peoria IL 61638

(309) 682-5626

http://www.emergencyloancenter.net

World Finance

3023 N University St

Peoria IL 61638

(309) 681-8000

http://worldacceptance.com

Springleaf Financial Services

3311 N Sterling Ave

Peoria IL 61638

(309) 686-6636

compliancehelpline@slfs.com

Family Title Loans

3118 N University St

Peoria IL 61638

(309) 687-2274

elliot.curtis@comcast.net

Address

3108 N Sterling Ave

Peoria IL

Contact

(309) 494-9535

contactus@titlecash.com

Address

3106 N Gale Ave

Peoria IL

Contact

(309) 682-5626

http://www.emergencyloancenter.net

Address

3023 N University St

Peoria IL

Contact

(309) 681-8000

http://worldacceptance.com

News on Mortgages and Reverse Mortgages for Peoria, Illinois 61638