Compare Today’s Mortgage Rates in Prospect Heights, Illinois 60070
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Prospect Heights, Illinois 60070.
Our search engine thoroughly explores all home mortgage options in Prospect Heights, Illinois 60070, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $16,577 in lifetime cash or $46 per month in Prospect Heights and other areas of Cook county.
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Summary of Average Mortgages in Prospect Heights, Illinois 60070
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Prospect Heights, Illinois 60070
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Prospect Heights, IL 60070. 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 Prospect Heights, Illinois 60070 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Prospect Heights, Illinois and around Cook 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 | 93.70% | 91.55% | 92.64% | 92.26% | 91.63% | 89.07% | 89.52% | 90.14% | 87.90% |
avg mortgage rate | 6.55% | 4.65% | 3.01% | 3.33% | 4.35% | 4.62% | 4.20% | 3.92% | 4.12% |
% 15 year fixed mortgage | 5.12% | 7.24% | 6.10% | 6.35% | 6.74% | 8.89% | 8.78% | 8.29% | 10.50% |
avg mortgage rate | 5.89% | 3.86% | 2.38% | 2.89% | 3.80% | 3.99% | 3.41% | 3.14% | 3.28% |
Avg credit score | 754.55 | 763.00 | 761.19 | 760.34 | 752.29 | 758.63 | 753.97 | 752.61 | 752.89 |
Avg LTV (loan to value) | 82.05% | 82.54% | 82.90% | 83.25% | 82.78% | 80.26% | 80.47% | 81.62% | 80.80% |
Avg DTI (debt to income) | 38.37 | 36.96 | 35.28 | 35.58 | 36.76 | 36.39 | 35.91 | 35.62 | 35.50 |
% First time homebuyer | 53.23% | 49.87% | 45.48% | 46.81% | 49.14% | 40.66% | 39.34% | 41.40% | 43.05% |
Avg mortgage insurance % | 12.61% | 12.56% | 12.60% | 12.82% | 12.80% | 10.20% | 10.10% | 11.32% | 11.13% |
Best Mortgage Brokers around Prospect Heights, Illinois 60070
For those searching for a new home in Prospect Heights, we have compiled a list of the top mortgage brokers located in and around Prospect Heights, Illinois 60070 to assist you with your search.
Name
Address
Contact
American Mortgage Providers
664 N Milwaukee Ave
Prospect Heights IL 60070
(847) 808-3100
Prospect Mortgage
21 S Wolf Rd
Prospect Heights IL 60070
(847) 297-6500
Asian American Small Business Assoc
18 E Old Willow Rd
Prospect Heights IL 60070
(773) 545-5449
Palwaukee Currency Exchange
690 N Milwaukee Ave
Prospect Heights IL 60070
(847) 537-7575
Cobalt Finance
5225 Old Orchard Rd
Skokie IL 60070
(847) 967-2552
http://www.cobaltfinance.com/
Address
664 N Milwaukee Ave
Prospect Heights IL
Contact
(847) 808-3100
Address
21 S Wolf Rd
Prospect Heights IL
Contact
(847) 297-6500
Address
18 E Old Willow Rd
Prospect Heights IL
Contact
(773) 545-5449