Compare Today’s Mortgage Rates for Shorewood, Illinois

Pureloan searches mortgage lenders and major banks in Shorewood, Illinois 60404 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 $8,964 or $25 / month is expected in Shorewood and other areas of Will county.

Pureloan’s search engine explores all home mortgage options in Shorewood, Illinois 60404, 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 Shorewood, Illinois 60404

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Shorewood, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Shorewood, IL 60404, 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 Shorewood, IL

Historical Mortgage Rates for Shorewood, Illinois 60404 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Shorewood, Illinois and around Will 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 91.78% 87.76% 89.69% 88.49% 88.96% 88.02% 90.34% 88.63%
avg mortgage rate 4.97% 4.70% 3.90% 4.00% 4.46% 4.13% 3.90% 4.14%
% 15 year fixed mortgage 6.74% 9.79% 8.06% 10.15% 9.61% 10.23% 8.17% 9.96%
avg mortgage rate 4.38% 3.94% 3.19% 3.18% 3.51% 3.28% 3.12% 3.34%
Avg credit score 759.59 761.46 762.23 758.20 754.09 752.53 752.41 752.56
Avg LTV (loan to value) 73.99% 75.67% 78.13% 79.09% 80.50% 81.09% 81.75% 81.14%
Avg DTI (debt to income) 34.68 34.66 34.09 34.60 34.69 35.25 35.30 36.08
% First time homebuyer 38.63% 33.40% 35.61% 39.08% 40.73% 40.93% 40.51% 38.52%
Avg mortgage insurance % 3.55% 4.82% 7.39% 8.39% 10.23% 11.50% 11.59% 10.51%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Shorewood, Illinois 60404

If you’re looking to buy a new home in Shorewood, we have compiled a list of the leading mortgage brokers around Shorewood, Illinois 60404 to help you with your search.

Name
Address
Contact

Citigroup

691 Brook Forest Ave

Shorewood IL 60404

(815) 741-7460

Whaleback Mortgage Services

311 Vertin Blvd

Shorewood IL 60404

(779) 234-6926

First Rate Mortgage

6236 Cermak Rd

Berwyn IL 60404

(708) 484-9900

OneMain Financial

7108 Cermak Rd

Berwyn IL 60404

(708) 352-0014

wecare@afsindia.com

TitleMax Title Loans

7122 Ogden Ave

Berwyn IL 60404

(708) 484-5020

webinquiries@titlemax.com

Address

691 Brook Forest Ave

Shorewood IL

Contact

(815) 741-7460

Address

311 Vertin Blvd

Shorewood IL

Contact

(779) 234-6926

Address

6236 Cermak Rd

Berwyn IL

Contact

(708) 484-9900

News on Mortgages and Reverse Mortgages for Shorewood, Illinois 60404