Compare Today’s Mortgage Rates for Vernon Hills, Illinois

Pureloan searches mortgage lenders and major banks in Vernon Hills, Illinois 60061 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 $10,685 or $30 / month is expected in Vernon Hills and other areas of Lake county.

Pureloan’s search engine explores all home mortgage options in Vernon Hills, Illinois 60061, 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 Vernon Hills, Illinois 60061

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Vernon Hills, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Vernon Hills, IL 60061, 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 Vernon Hills, IL

Historical Mortgage Rates for Vernon Hills, Illinois 60061 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Vernon Hills, Illinois and around Lake 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 Vernon Hills, Illinois 60061

If you’re looking to buy a new home in Vernon Hills, we have compiled a list of the leading mortgage brokers around Vernon Hills, Illinois 60061 to help you with your search.

Name
Address
Contact

Pnc Mortgage

1250 S Milwaukee Ave

Vernon Hills IL 60061

(847) 793-2244

Wells Fargo Financial

555 E Townline Rd

Vernon Hills IL 60061

(847) 918-7022

http://wellsfargo.com/MORTGAGE

Chase Home Finance

3 W Hawthorn Pkwy

Vernon Hills IL 60061

(847) 816-0715

http://chase.com/MORTGAGE

American Mortgage Consultants

3 W Hawthorn Pkwy

Vernon Hills IL 60061

(224) 207-6000

Water Stone Mortgage Corporation

250 Center Dr

Vernon Hills IL 60061

(847) 968-2500

http://www.waterstonemortgage.com

Address

1250 S Milwaukee Ave

Vernon Hills IL

Contact

(847) 793-2244

Address

555 E Townline Rd

Vernon Hills IL

Contact

(847) 918-7022

http://wellsfargo.com/MORTGAGE

Address

3 W Hawthorn Pkwy

Vernon Hills IL

Contact

(847) 816-0715

http://chase.com/MORTGAGE

News on Mortgages and Reverse Mortgages for Vernon Hills, Illinois 60061