Compare Today’s Mortgage Rates for Shannon, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Shannon, Illinois 61078. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $4,521 or $13 / month in Shannon and other areas of Carroll county.

Our search engine explores all home mortgage options in Shannon, Illinois 61078, 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 Shannon, Illinois 61078

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Shannon, IL 61078, 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.

Historical Mortgage Rates for Shannon, Illinois 61078 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Shannon, Illinois and around Carroll 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 Shannon, Illinois 61078

If you’re looking to buy a new home in Shannon, we have compiled a list of the leading mortgage brokers around Shannon, Illinois 61078 to help you with your search.

Name
Address
Contact

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

News on Mortgages and Reverse Mortgages for Shannon, Illinois 61078