Compare Today’s Mortgage Rates for Summit Argo, Illinois

Pureloan searches mortgage lenders and major banks in Summit Argo, Illinois 60501 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 $6,043 or $17 / month is expected in Summit Argo and other areas of Cook county.

Pureloan’s search engine explores all home mortgage options in Summit Argo, Illinois 60501, 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 Summit Argo, Illinois 60501

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Summit Argo, IL 60501, 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.

Historical Mortgage Rates for Summit Argo, Illinois 60501 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Summit Argo, Illinois and around Cook 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 91.78% 87.76% 89.69% 88.49% 88.96% 88.02% 90.34% 88.63%
avg mortgage rate 4.97% 4.70% 3.90% 4.00% 4.46% 4.13% 3.90% 4.14%
% 15 year fixed mortgage 6.74% 9.79% 8.06% 10.15% 9.61% 10.23% 8.17% 9.96%
avg mortgage rate 4.38% 3.94% 3.19% 3.18% 3.51% 3.28% 3.12% 3.34%
Avg credit score 759.59 761.46 762.23 758.20 754.09 752.53 752.41 752.56
Avg LTV (loan to value) 73.99% 75.67% 78.13% 79.09% 80.50% 81.09% 81.75% 81.14%
Avg DTI (debt to income) 34.68 34.66 34.09 34.60 34.69 35.25 35.30 36.08
% First time homebuyer 38.63% 33.40% 35.61% 39.08% 40.73% 40.93% 40.51% 38.52%
Avg mortgage insurance % 3.55% 4.82% 7.39% 8.39% 10.23% 11.50% 11.59% 10.51%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Summit Argo, Illinois 60501

If you’re looking to buy a new home in Summit Argo, we have compiled a list of the leading mortgage brokers around Summit Argo, Illinois 60501 to help you with your search.

Name
Address
Contact

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/

News on Mortgages and Reverse Mortgages for Summit Argo, Illinois 60501