Compare Today’s Refinance Rates for Algonquin, Illinois 60102
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Algonquin, Illinois 60102.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Algonquin, Illinois 60102. For 30-year amortization refinancing, you can expect lifetime cash savings of $5,940 or $17 per month in Algonquin and other parts of Mchenry county.
Summary of Average Refinances in Algonquin, Illinois 60102
Become a certified mortgage expert on Pureloan.com
in Algonquin, Illinois 60102
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Algonquin, Illinois 60102
Pureloan has developed an interactive chart to monitor the five largest local lenders in Algonquin, IL 60102, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Algonquin, Illinois 60102 from 2024 - 2016
The following historical data provides insights into refinancing trends in Algonquin, Illinois and the surrounding Mchenry county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed refinance | 49.21% | 52.87% | 51.72% | 47.59% | 46.81% | 46.03% | 42.51% | 52.05% | |
| avg refi rate | 3.96% | 3.87% | 4.08% | 4.51% | 3.71% | 3.89% | 4.47% | 4.83% | |
| % 15 year fixed refinance | 37.42% | 31.65% | 32.76% | 39.24% | 40.01% | 37.06% | 39.29% | 31.31% | |
| avg refi rate | 3.21% | 3.12% | 3.30% | 3.56% | 2.99% | 3.26% | 3.80% | 4.24% | |
| Avg credit score | 756.37 | 760.91 | 760.89 | 759.06 | 769.94 | 774.52 | 772.15 | 770.25 | |
| Avg LTV (loan to value) | 72.76% | 72.65% | 72.90% | 70.83% | 67.80% | 65.82% | 63.53% | 63.19% | |
| Avg DTI (debt to income) | 34.03 | 33.25 | 33.42 | 33.57 | 31.25 | 30.75 | 31.49 | 31.92 | |
| Avg refinance insurance % | 4.47% | 4.56% | 4.77% | 4.02% | 2.69% | 1.57% | 0.97% | 0.80% |
Best Refinance Brokers around Algonquin, Illinois 60102
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Algonquin, Illinois 60102, we have compiled a list of top refinance brokers to assist you in the process.
Helene Toal
Branch Manager
777 E. Algonquin Road
Algonquin, IL 60102
(847) 960-7300
helene@goapmc.com
Jacquelyn Pilsits
Mortgage Loan Officer
202 S Gary Ave
Bloomingdale, IL 60102
(800) 323-2611
JPilsits@dupagecu.com
Vicki Alberti
Mortgage Loan Officer
202 S Gary Ave
Bloomingdale, IL 60102
(800) 323-2611
Valberti@dupagecu.com
Kimberly Alongi
Mortgage Loan Officer
202 S Gary Ave
Bloomingdale, IL 60102
(800) 323-2611
Kalongi@dupagecu.com
Natalie Anderson
Mortgage Loan Officer
202 S Gary Ave
Bloomingdale, IL 60102
(800) 323-2611
Nanderson@dupagecu.com
Address
777 E. Algonquin Road
Algonquin, IL
Contact
(847) 960-7300
Fax (301) 639-0804
helene@goapmc.com
Address
202 S Gary Ave
Bloomingdale, IL
Contact
(800) 323-2611
Fax (301) 639-0804
JPilsits@dupagecu.com
Address
202 S Gary Ave
Bloomingdale, IL
Contact
(800) 323-2611
Fax (301) 639-0804
Valberti@dupagecu.com