Compare Today’s Mortgage Rates in Waukegan, Illinois 60087
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Waukegan, Illinois 60087.
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 Waukegan, Illinois 60087. For a 30-year fixed loan, our calculations show that you can expect to save up to $5,903 over the lifetime of your mortgage, which translates to a monthly savings of $16 in Waukegan and other areas of Lake county.
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Summary of Average Mortgages in Waukegan, Illinois 60087
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Waukegan, Illinois 60087
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Waukegan, IL 60087. 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 Waukegan, Illinois 60087 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Waukegan, Illinois and around Lake 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 Waukegan, Illinois 60087
For those searching for a new home in Waukegan, we have compiled a list of the top mortgage brokers located in and around Waukegan, Illinois 60087 to assist you with your search.
Name
Address
Contact
Chris Proso
2259 N Green Bay Rd
Waukegan IL 60087
(847) 782-7171
Diamond Residential Mortgage Corporation
2001 N Green Bay Rd
Waukegan IL 60087
(847) 672-9662
Wgs Financial
2424 Washington St
Waukegan IL 60087
(847) 249-4700
Msc Financial
2835 Belvidere Rd
Waukegan IL 60087
(847) 775-0267
Beneficial Illinois
318 S Green Bay Rd
Waukegan IL 60087
(847) 623-4260
Address
2259 N Green Bay Rd
Waukegan IL
Contact
(847) 782-7171
Address
2001 N Green Bay Rd
Waukegan IL
Contact
(847) 672-9662
Address
2424 Washington St
Waukegan IL
Contact
(847) 249-4700