Compare Today’s Mortgage Rates for Waukegan, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Waukegan, Illinois 60079. 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 $6,865 or $19 / month in Waukegan and surrounding areas of Lake 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 Waukegan, Illinois 60079.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Waukegan, Illinois 60079

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Waukegan, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Waukegan, IL 60079, 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 Waukegan, IL

Historical Mortgage Rates for Waukegan, Illinois 60079 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Waukegan, 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 Waukegan, Illinois 60079

If you’re looking to buy a new home in Waukegan, we have compiled a list of the leading mortgage brokers around Waukegan, Illinois 60079 to help you with your search.

Name
Address
Contact

Chris Proso

2259 N Green Bay Rd

Waukegan IL 60079

(847) 782-7171

Diamond Residential Mortgage Corporation

2001 N Green Bay Rd

Waukegan IL 60079

(847) 672-9662

Wgs Financial

2424 Washington St

Waukegan IL 60079

(847) 249-4700

Msc Financial

2835 Belvidere Rd

Waukegan IL 60079

(847) 775-0267

Beneficial Illinois

318 S Green Bay Rd

Waukegan IL 60079

(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

News on Mortgages and Reverse Mortgages for Waukegan, Illinois 60079