Compare Today’s Mortgage Rates for Sterling, Illinois

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Sterling, Illinois 61081. 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 $6,134 or $17 / month in Sterling and other areas of Whiteside county.

Our search engine explores all home mortgage options in Sterling, Illinois 61081, 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 Sterling, Illinois 61081

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Sterling, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Sterling, IL 61081, 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 Sterling, IL

Historical Mortgage Rates for Sterling, Illinois 61081 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Sterling, Illinois and around Whiteside 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 Sterling, Illinois 61081

If you’re looking to buy a new home in Sterling, we have compiled a list of the leading mortgage brokers around Sterling, Illinois 61081 to help you with your search.

Name
Address
Contact

World Acceptance

2501 E Lincolnway

Sterling IL 61081

(815) 625-0127

http://worldacceptance.com

Wise Finance

2522 E Lincolnway

Sterling IL 61081

(815) 625-4100

http://www.wisefinanceloans.com

Wells Fargo Home Mortgage

3917 E Lincolnway

Sterling IL 61081

(800) 284-9760

http://www.wellsfargo.com/mortgage/

Sheila Dempsey

305 4th Ave

Sterling IL 61081

(815) 622-2526

sheila.dempsey@usbank.com

Springleaf Financial Services

4311 E Lincolnway

Sterling IL 61081

(815) 625-5584

compliancehelpline@slfs.com

Address

2501 E Lincolnway

Sterling IL

Contact

(815) 625-0127

http://worldacceptance.com

Address

2522 E Lincolnway

Sterling IL

Contact

(815) 625-4100

http://www.wisefinanceloans.com

Address

3917 E Lincolnway

Sterling IL

Contact

(800) 284-9760

http://www.wellsfargo.com/mortgage/

News on Mortgages and Reverse Mortgages for Sterling, Illinois 61081