Compare Today’s Mortgage Rates in Summit Argo, Illinois 60501
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Summit Argo, Illinois 60501.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $5,289 over the lifetime of your 30-year fixed loan, or a monthly savings of $15 in Summit Argo and other areas of Cook county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Summit Argo, Illinois 60501
Become a certified mortgage expert on Pureloan.com
in Summit Argo, Illinois 60501
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Summit Argo, Illinois 60501
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Summit Argo, IL 60501. 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 Summit Argo, Illinois 60501 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Summit Argo, Illinois and around Cook 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 | 93.70% | 91.55% | 92.64% | 92.26% | 91.63% | 89.07% | 89.52% | 90.14% | 87.90% |
avg mortgage rate | 6.55% | 4.65% | 3.01% | 3.33% | 4.35% | 4.62% | 4.20% | 3.92% | 4.12% |
% 15 year fixed mortgage | 5.12% | 7.24% | 6.10% | 6.35% | 6.74% | 8.89% | 8.78% | 8.29% | 10.50% |
avg mortgage rate | 5.89% | 3.86% | 2.38% | 2.89% | 3.80% | 3.99% | 3.41% | 3.14% | 3.28% |
Avg credit score | 754.55 | 763.00 | 761.19 | 760.34 | 752.29 | 758.63 | 753.97 | 752.61 | 752.89 |
Avg LTV (loan to value) | 82.05% | 82.54% | 82.90% | 83.25% | 82.78% | 80.26% | 80.47% | 81.62% | 80.80% |
Avg DTI (debt to income) | 38.37 | 36.96 | 35.28 | 35.58 | 36.76 | 36.39 | 35.91 | 35.62 | 35.50 |
% First time homebuyer | 53.23% | 49.87% | 45.48% | 46.81% | 49.14% | 40.66% | 39.34% | 41.40% | 43.05% |
Avg mortgage insurance % | 12.61% | 12.56% | 12.60% | 12.82% | 12.80% | 10.20% | 10.10% | 11.32% | 11.13% |
Best Mortgage Brokers around Summit Argo, Illinois 60501
For those searching for a new home in Summit Argo, we have compiled a list of the top mortgage brokers located in and around Summit Argo, Illinois 60501 to assist you with your search.
Contractor Loan
5818 S Archer Rd
Summit Argo IL 60501
(708) 277-1246
Cash N Go
5724 S Harlem Ave
Summit Argo IL 60501
(708) 594-8500
Brother Loan & Finance
7621 W 63rd St
Summit Argo IL 60501
(708) 563-2727
http://www.brotherloan.com/
TitleMax Title Loans
7205 W 63rd St
Summit IL 60501
(708) 929-9028
webinquiries@titlemax.com
Midwest Title Loans
5424 S Harlem Ave
Summit IL 60501
(708) 458-5290
https://www.midwesttitleloans.net/Locations/ILLINOIS/Summit/5424-S-Harlem-Ave
Address
5818 S Archer Rd
Summit Argo IL
Contact
(708) 277-1246
Address
5724 S Harlem Ave
Summit Argo IL
Contact
(708) 594-8500
Address
7621 W 63rd St
Summit Argo IL
Contact
(708) 563-2727
http://www.brotherloan.com/