Compare Today’s Mortgage Rates for Watson, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Watson, Illinois 62473. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $3,787 or $11 / month in Watson and surrounding areas of Effingham county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Watson, Illinois 62473.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Watson, Illinois 62473

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Watson, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Watson, IL 62473, 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 Watson, IL

Historical Mortgage Rates for Watson, Illinois 62473 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Watson, Illinois and around Effingham 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 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Watson, Illinois 62473

If you’re looking to buy a new home in Watson, we have compiled a list of the leading mortgage brokers around Watson, Illinois 62473 to help you with your search.

Name
Address
Contact

World Finance

1611 Veterans Ave

Vandalia IL 62473

(618) 283-9866

http://worldacceptance.com

Money Place

2350 Veterans Ave

Vandalia IL 62473

(618) 283-9400

http://www.money-place.com

Wells Fargo Home Mortgage

2950 N Water St

Decatur IL 62473

(217) 875-5967

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

State Finance Co.

701 W Pershing Rd

Decatur IL 62473

(217) 872-7666

World Finance

3745 N Woodford St

Decatur IL 62473

(217) 876-9168

http://www.worldfinance.com/

Address

1611 Veterans Ave

Vandalia IL

Contact

(618) 283-9866

http://worldacceptance.com

Address

2350 Veterans Ave

Vandalia IL

Contact

(618) 283-9400

http://www.money-place.com

Address

2950 N Water St

Decatur IL

Contact

(217) 875-5967

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

News on Mortgages and Reverse Mortgages for Watson, Illinois 62473