Compare Today’s Refinance Rates for Baldwin, Illinois 62217
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Baldwin, Illinois 62217.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,002 over the lifetime of your mortgage, which translates to a monthly savings of $8 in Baldwin and other areas of Randolph county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Baldwin, Illinois 62217
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Interactive Refinance Rate Projections for Baldwin, Illinois 62217
Pureloan has developed an interactive chart to monitor the five largest local lenders in Baldwin, IL 62217, 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 Baldwin, Illinois 62217 from 2024 - 2016
The following historical data provides insights into refinancing trends in Baldwin, Illinois and the surrounding Randolph 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 | 42.21% | 43.72% | 37.93% | 49.84% | 40.10% | 40.34% | 38.55% | 54.27% | |
avg refi rate | 3.95% | 3.92% | 4.11% | 4.51% | 3.74% | 3.96% | 4.53% | 4.83% | |
% 15 year fixed refinance | 37.19% | 30.42% | 33.70% | 30.10% | 35.17% | 34.69% | 40.15% | 33.94% | |
avg refi rate | 3.20% | 3.12% | 3.21% | 3.54% | 2.98% | 3.24% | 3.78% | 4.21% | |
Avg credit score | 759.66 | 761.43 | 758.70 | 754.77 | 766.58 | 769.75 | 766.48 | 768.91 | |
Avg LTV (loan to value) | 74.79% | 74.63% | 74.45% | 75.36% | 70.82% | 69.70% | 67.56% | 68.97% | |
Avg DTI (debt to income) | 31.52 | 31.20 | 31.34 | 31.75 | 30.35 | 29.70 | 30.58 | 29.93 | |
Avg refinance insurance % | 5.49% | 5.82% | 5.34% | 5.41% | 3.79% | 2.79% | 2.12% | 2.04% |
Best Refinance Brokers around Baldwin, Illinois 62217
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Baldwin, Illinois 62217, we have compiled a list of top refinance brokers to assist you in the process.
Mona Friederich
Commercial Lender
720 W Main St Ste 100
Belleville, IL 62217
(618) 236-4747
Mona.Friederich@bankofbelleville.com
JoAnn Bohnenstiehl
Commercial Lender
720 W Main St Ste 100
Belleville, IL 62217
(618) 236-4747
JoAnn.Bohnenstiehl@bankofbelleville.com
Jackie Lemmon
Commercial Lender
720 W Main St Ste 100
Belleville, IL 62217
(618) 236-4747
Jackie.Lemmon@bankofbelleville.com
Rick Tschudin
Commercial Lender
720 W Main St Ste 100
Belleville, IL 62217
(618) 236-4747
Rick.Tschudin@bankofbelleville.com
Judie Pratt
Loan Operations Manager
720 W Main St Ste 100
Belleville, IL 62217
(618) 236-4747
Judie.Pratt@bankofbelleville.com
Address
720 W Main St Ste 100
Belleville, IL
Contact
(618) 236-4747
Fax (301) 639-0804
Mona.Friederich@bankofbelleville.com
Address
720 W Main St Ste 100
Belleville, IL
Contact
(618) 236-4747
Fax (301) 639-0804
JoAnn.Bohnenstiehl@bankofbelleville.com
Address
720 W Main St Ste 100
Belleville, IL
Contact
(618) 236-4747
Fax (301) 639-0804
Jackie.Lemmon@bankofbelleville.com