Compare Today’s Mortgage Rates in Summerfield, Illinois 62289
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Summerfield, Illinois 62289.
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 Summerfield, Illinois 62289. For a 30-year fixed loan, our calculations show that you can expect to save up to $3,246 over the lifetime of your mortgage, which translates to a monthly savings of $9 in Summerfield and other areas of Saint Clair county.
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Summary of Average Mortgages in Summerfield, Illinois 62289
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Summerfield, Illinois 62289
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Summerfield, IL 62289. 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 Summerfield, Illinois 62289 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Summerfield, 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 Summerfield, Illinois 62289
For those searching for a new home in Summerfield, we have compiled a list of the top mortgage brokers located in and around Summerfield, Illinois 62289 to assist you with your search.
Name
Address
Contact
Quick Cash
632 N Market St
Waterloo IL 62289
(618) 939-9797
admin@waterlooquickcash.com
World Finance
913 N Illinois Route 3
Waterloo IL 62289
(618) 939-0220
http://www.worldacceptance.com/
Check 'n Go
917 N Illinois Route 3
Waterloo IL 62289
(618) 939-1881
http://www.checkngo.com/
American Mortgage Corporation
111 S Main St
Troy IL 62289
(618) 667-0693
Check 'n Go
421 N 32nd St
Quincy IL 62289
(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/