Compare Today’s Refinance Rates for Aurora, Illinois 60507
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Aurora, Illinois 60507.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Aurora, Illinois 60507. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,341 or $12 per month in Aurora and other parts of Kane county.
Summary of Average Refinances in Aurora, Illinois 60507
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Interactive Refinance Rate Projections for Aurora, Illinois 60507
Pureloan has developed an interactive chart to monitor the five largest local lenders in Aurora, IL 60507, 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 Aurora, Illinois 60507 from 2024 - 2016
The following historical data provides insights into refinancing trends in Aurora, Illinois and the surrounding Kane 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 | 67.80% | 47.57% | 52.85% | 53.92% | 60.81% | 57.32% | 51.67% | 56.95% | 55.38% |
avg refi rate | 6.39% | 3.50% | 2.96% | 3.26% | 4.11% | 4.50% | 4.06% | 3.84% | 4.04% |
% 15 year fixed refinance | 20.34% | 36.49% | 30.40% | 29.04% | 24.87% | 31.45% | 36.24% | 30.21% | 31.03% |
avg refi rate | 5.62% | 2.67% | 2.42% | 2.77% | 3.56% | 3.83% | 3.25% | 3.09% | 3.25% |
Avg credit score | 749.39 | 756.47 | 766.07 | 769.86 | 760.35 | 753.65 | 757.72 | 762.30 | 761.35 |
Avg LTV (loan to value) | 60.42% | 63.24% | 66.82% | 68.79% | 71.17% | 68.06% | 69.36% | 69.49% | 69.88% |
Avg DTI (debt to income) | 36.63 | 34.29 | 32.36 | 31.70 | 34.13 | 35.05 | 34.12 | 32.90 | 33.11 |
Avg refinance insurance % | 1.73% | 1.20% | 2.31% | 3.01% | 4.54% | 3.01% | 3.51% | 3.24% | 3.85% |
Best Refinance Brokers around Aurora, Illinois 60507
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Aurora, Illinois 60507, we have compiled a list of top refinance brokers to assist you in the process.
Pedro Gonzales
Branch Manager
69 E. Downer Place
Aurora, IL 60507
(800) 270-3416
pedrogonzales@leader1.com
Richard Fousek
Mortgage Banker
1500 N Orchard Rd
Aurora, IL 60507
(33) 643-4734
richard.a.fousek@chase.com
David James
Home Mortgage Consultant
4332 Fox Valley Center Dr
Aurora, IL 60507
(630) 820-5226
david.k.james@wellsfargo.com
ERIC NUNNALLY
Mortgage Consultant
4332 Fox Valley Center Dr
Aurora, IL 60507
(630) 820-5219
eric.nunnally@wellsfargo.com
Homero Carranza
Mortgage Banker
1188 N Eola Rd
Aurora, IL 60507
(163) 082-0484
Homero.Carranza@chase.com
Address
69 E. Downer Place
Aurora, IL
Contact
(800) 270-3416
Fax (301) 639-0804
pedrogonzales@leader1.com
Address
1500 N Orchard Rd
Aurora, IL
Contact
(33) 643-4734
Fax (301) 639-0804
richard.a.fousek@chase.com
Address
4332 Fox Valley Center Dr
Aurora, IL
Contact
(630) 820-5226
Fax (301) 639-0804
david.k.james@wellsfargo.com