Compare Today’s Mortgage Rates for Smithfield, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Smithfield, Illinois 61477. 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 $2,678 or $7 / month in Smithfield and other areas of Fulton county.

Our search engine explores all home mortgage options in Smithfield, Illinois 61477, 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 Smithfield, Illinois 61477

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Smithfield, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Smithfield, IL 61477, 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 Smithfield, IL

Historical Mortgage Rates for Smithfield, Illinois 61477 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Smithfield, Illinois and around Fulton 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 Smithfield, Illinois 61477

If you’re looking to buy a new home in Smithfield, we have compiled a list of the leading mortgage brokers around Smithfield, Illinois 61477 to help you with your search.

Name
Address
Contact

Farm Credit Services

117 S Broadway St

Stronghurst IL 61477

(309) 924-1646

http://www.farmcredit.com/

PNC Mortgage

215 W Jefferson St

Morton IL 61477

(309) 263-1922

http://pncmortgage.com

Citizens Mortgage Services In

204 N Main St

Morton IL 61477

(309) 266-6596

Mortgage Exchange

1041 W Jackson St

Morton IL 61477

(309) 266-7729

dmoore@mtgexchange.com

Kouri Mortgage

319 E Forestwood St

Morton IL 61477

(309) 263-2263

Address

117 S Broadway St

Stronghurst IL

Contact

(309) 924-1646

http://www.farmcredit.com/

Address

215 W Jefferson St

Morton IL

Contact

(309) 263-1922

http://pncmortgage.com

Address

204 N Main St

Morton IL

Contact

(309) 266-6596

News on Mortgages and Reverse Mortgages for Smithfield, Illinois 61477