Compare Today’s Mortgage Rates in Shannon, Illinois 61078
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Shannon, Illinois 61078.
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 Shannon, Illinois 61078. For a 30-year fixed loan, our calculations show that you can expect to save up to $4,109 over the lifetime of your mortgage, which translates to a monthly savings of $11 in Shannon and other areas of Carroll county.
Summary of Average Mortgages in Shannon, Illinois 61078
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Interactive Mortgage Rate Projections for Shannon, Illinois 61078
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Shannon, IL 61078. 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 Shannon, Illinois 61078 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Shannon, Illinois and around Carroll 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 Shannon, Illinois 61078
For those searching for a new home in Shannon, we have compiled a list of the top mortgage brokers located in and around Shannon, Illinois 61078 to assist you with your search.
OneMain Financial
3207 E Lincolnway
Sterling IL 61078
(815) 625-8954
http://branches.onemainfinancial.com/il/sterling/3207-east-lincoln-way.html
TitleMax Title Loans
4001 E Lincolnway
Sterling IL 61078
(815) 625-3998
webinquiries@titlemax.com
Springleaf Financial Services
4311 E Lincolnway
Sterling IL 61078
(815) 625-5584
compliancehelpline@slfs.com
Sheila Dempsey
305 4th Ave
Sterling IL 61078
(815) 622-2526
sheila.dempsey@usbank.com
Wells Fargo Home Mortgage
3917 E Lincolnway
Sterling IL 61078
(800) 284-9760
http://www.wellsfargo.com/mortgage/
Address
3207 E Lincolnway
Sterling IL
Contact
(815) 625-8954
http://branches.onemainfinancial.com/il/sterling/3207-east-lincoln-way.html
Address
4001 E Lincolnway
Sterling IL
Contact
(815) 625-3998
webinquiries@titlemax.com
Address
4311 E Lincolnway
Sterling IL
Contact
(815) 625-5584
compliancehelpline@slfs.com