Compare Today’s Mortgage Rates for Sparta, Illinois

Pureloan searches mortgage lenders and major banks in Sparta, Illinois 62286 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 $2,831 or $8 / month is expected in Sparta and other areas of Randolph county.

Pureloan’s search engine explores all home mortgage options in Sparta, Illinois 62286, 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 Sparta, Illinois 62286

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Sparta, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Sparta, IL 62286, 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 Sparta, IL

Historical Mortgage Rates for Sparta, Illinois 62286 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Sparta, Illinois and around Randolph 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Sparta, Illinois 62286

If you’re looking to buy a new home in Sparta, we have compiled a list of the leading mortgage brokers around Sparta, Illinois 62286 to help you with your search.

Name
Address
Contact

Quick Cash

632 N Market St

Waterloo IL 62286

(618) 939-9797

admin@waterlooquickcash.com

World Finance

913 N Illinois Route 3

Waterloo IL 62286

(618) 939-0220

http://www.worldacceptance.com/

Check 'n Go

917 N Illinois Route 3

Waterloo IL 62286

(618) 939-1881

http://www.checkngo.com/

American Mortgage Corporation

111 S Main St

Troy IL 62286

(618) 667-0693

Check 'n Go

421 N 32nd St

Quincy IL 62286

(217) 228-2000

http://www.checkngo.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/

Address

917 N Illinois Route 3

Waterloo IL

Contact

(618) 939-1881

http://www.checkngo.com/

News on Mortgages and Reverse Mortgages for Sparta, Illinois 62286