Compare Today’s Mortgage Rates for Skokie, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Skokie, Illinois 60076. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $10,685 or $30 / month in Skokie and surrounding areas of Cook county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Skokie, Illinois 60076.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Skokie, Illinois 60076

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Skokie, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Skokie, IL 60076, 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 Skokie, IL

Historical Mortgage Rates for Skokie, Illinois 60076 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Skokie, Illinois and around Cook 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 Skokie, Illinois 60076

If you’re looking to buy a new home in Skokie, we have compiled a list of the leading mortgage brokers around Skokie, Illinois 60076 to help you with your search.

Name
Address
Contact

Professional Mortgage Consultants

4017 Church St

Skokie IL 60076

(847) 674-4763

Commercial Capital Group

4709 Golf Rd

Skokie IL 60076

(847) 674-2700

Progressive Plus Mortgage Corporation

4350 Oakton St

Skokie IL 60076

(847) 674-1111

Property Economics

4146 Oakton St

Skokie IL 60076

(847) 863-5295

http://property-economics.com

American Ambassador Mtg

4646 Oakton St

Skokie IL 60076

(847) 933-9404

Address

4017 Church St

Skokie IL

Contact

(847) 674-4763

Address

4709 Golf Rd

Skokie IL

Contact

(847) 674-2700

Address

4350 Oakton St

Skokie IL

Contact

(847) 674-1111

News on Mortgages and Reverse Mortgages for Skokie, Illinois 60076