Compare Today’s Mortgage Rates in Skokie, Illinois 60076
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Skokie, Illinois 60076.
Our search engine thoroughly explores all home mortgage options in Skokie, Illinois 60076, 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 $9,205 in lifetime cash or $26 per month in Skokie and other areas of Cook county.
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Summary of Average Mortgages in Skokie, Illinois 60076
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Skokie, Illinois 60076
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Skokie, IL 60076. 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 Skokie, Illinois 60076 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Skokie, 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 Skokie, Illinois 60076
For those searching for a new home in Skokie, we have compiled a list of the top mortgage brokers located in and around Skokie, Illinois 60076 to assist 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