Compare Today’s Mortgage Rates for Philo, Illinois

Pureloan searches mortgage lenders and major banks in Philo, Illinois 61864 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $7,859 or $22 / month is expected in Philo and other areas of Champaign county.

Pureloan’s search engine explores all home mortgage options in Philo, Illinois 61864, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Philo, Illinois 61864

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Philo, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Philo, IL 61864, 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 Philo, IL

Historical Mortgage Rates for Philo, Illinois 61864 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Philo, Illinois and around Champaign 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 Philo, Illinois 61864

If you’re looking to buy a new home in Philo, we have compiled a list of the leading mortgage brokers around Philo, Illinois 61864 to help you with your search.

Name
Address
Contact

Hartland Mortgage Center

308 E Madison St

Philo IL 61864

(217) 684-2492

World Finance

322 E Champaign Ave

Rantoul IL 61864

(217) 892-5577

http://www.worldacceptance.com

Premiere Pawn & Loan

1606 Broadway Ave

Mattoon IL 61864

(217) 258-7296

http://www.facebook.com/

OneMain Financial

136 Dettro Dr

Mattoon IL 61864

(217) 235-0478

http://branches.onemainfinancial.com/il/mattoon/136-dettro-drive.html

TitleMax Title Loans

700 Broadway Ave E

Mattoon IL 61864

(217) 235-4500

webinquiries@titlemax.com

Address

308 E Madison St

Philo IL

Contact

(217) 684-2492

Address

322 E Champaign Ave

Rantoul IL

Contact

(217) 892-5577

http://www.worldacceptance.com

Address

1606 Broadway Ave

Mattoon IL

Contact

(217) 258-7296

http://www.facebook.com/

News on Mortgages and Reverse Mortgages for Philo, Illinois 61864