Compare Today’s Mortgage Rates in Smithton, Illinois 62285
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Smithton, Illinois 62285.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Smithton, Illinois 62285. For a 30-year fixed loan, our calculations show that you can expect to save up to $8,356 over the lifetime of your mortgage, which translates to a monthly savings of $23 in Smithton and other areas of Saint Clair county.
Summary of Average Mortgages in Smithton, Illinois 62285
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Interactive Mortgage Rate Projections for Smithton, Illinois 62285
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Smithton, IL 62285. 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 Smithton, Illinois 62285 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Smithton, Illinois and around Saint Clair 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 | 90.30% | 87.91% | 82.42% | 82.72% | 84.19% | 85.23% | 77.92% | 86.59% | |
avg mortgage rate | 4.16% | 3.89% | 4.07% | 4.47% | 4.00% | 3.93% | 4.76% | 5.03% | |
% 15 year fixed mortgage | 8.44% | 9.85% | 11.62% | 13.60% | 13.03% | 11.38% | 16.40% | 10.11% | |
avg mortgage rate | 3.31% | 3.16% | 3.23% | 3.51% | 3.25% | 3.30% | 3.87% | 4.38% | |
Avg credit score | 793.88 | 754.84 | 757.27 | 758.67 | 759.34 | 762.31 | 764.96 | 761.58 | |
Avg LTV (loan to value) | 82.79% | 83.99% | 83.72% | 83.15% | 81.73% | 79.26% | 77.87% | 77.04% | |
Avg DTI (debt to income) | 34.39 | 32.60 | 32.38 | 32.26 | 31.62 | 30.78 | 32.29 | 31.71 | |
% First time homebuyer | 16.88% | 25.52% | 29.83% | 27.57% | 29.49% | 28.00% | 27.76% | 36.26% | |
Avg mortgage insurance % | 13.27% | 13.90% | 14.35% | 11.63% | 11.57% | 9.20% | 6.08% | 5.09% |
Best Mortgage Brokers around Smithton, Illinois 62285
For those searching for a new home in Smithton, we have compiled a list of the top mortgage brokers located in and around Smithton, Illinois 62285 to assist you with your search.
Guaranteed Rate
101 N Main St
Smithton IL 62285
(618) 624-1000
http://www.guaranteedrate.com/
Quick Cash
632 N Market St
Waterloo IL 62285
(618) 939-9797
admin@waterlooquickcash.com
World Finance
913 N Illinois Route 3
Waterloo IL 62285
(618) 939-0220
http://www.worldacceptance.com/
Check 'n Go
917 N Illinois Route 3
Waterloo IL 62285
(618) 939-1881
http://www.checkngo.com/
American Mortgage Corporation
111 S Main St
Troy IL 62285
(618) 667-0693
Address
101 N Main St
Smithton IL
Contact
(618) 624-1000
http://www.guaranteedrate.com/
Address
632 N Market St
Waterloo IL
Contact
(618) 939-9797
admin@waterlooquickcash.com
Address
913 N Illinois Route 3
Waterloo IL
Contact
(618) 939-0220
http://www.worldacceptance.com/