Compare Today’s Refinance Rates for Baylis, Illinois 62314
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Baylis, Illinois 62314.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $1,940 over the lifetime of your mortgage, which translates to a monthly savings of $5 in Baylis and other areas of Pike 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 Baylis, Illinois 62314
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Interactive Refinance Rate Projections for Baylis, Illinois 62314
Pureloan has developed an interactive chart to monitor the five largest local lenders in Baylis, IL 62314, 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 Baylis, Illinois 62314 from 2024 - 2016
The following historical data provides insights into refinancing trends in Baylis, Illinois and the surrounding Pike 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 | 50.00% | 40.00% | 45.83% | 44.44% | 41.11% | 38.03% | 28.33% | 27.21% | |
avg refi rate | 4.11% | 3.74% | 3.90% | 4.45% | 3.42% | 3.83% | 4.41% | 4.77% | |
% 15 year fixed refinance | 28.57% | 52.00% | 33.33% | 38.89% | 41.11% | 42.96% | 49.17% | 47.06% | |
avg refi rate | 3.13% | 3.04% | 2.97% | 3.46% | 2.77% | 3.08% | 3.59% | 4.11% | |
Avg credit score | 726.43 | 741.36 | 750.58 | 721.78 | 761.51 | 764.54 | 767.75 | 772.63 | |
Avg LTV (loan to value) | 71.43% | 74.08% | 73.04% | 67.22% | 69.30% | 67.25% | 66.97% | 64.72% | |
Avg DTI (debt to income) | 29.79 | 31.44 | 30.04 | 32.94 | 31.11 | 29.46 | 29.66 | 28.21 | |
Avg refinance insurance % | 2.57% | 6.52% | 2.58% | 0.67% | 3.67% | 2.45% | 1.41% | 1.13% |
Best Refinance Brokers around Baylis, Illinois 62314
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Baylis, Illinois 62314, we have compiled a list of top refinance brokers to assist you in the process.
Nathan Frese
Mortgage Loan Officer
1132 Broadway St # 305
Quincy, IL 62314
(217) 223-7100
nfrese@bankofquincy.com
Mike Smith
Mortgage Loan Officer
1132 Broadway St # 305
Quincy, IL 62314
(217) 223-7100
msmith@bankofquincy.com
Michelle MIller
Mortgage Loan Officer
1132 Broadway St # 305
Quincy, IL 62314
(217) 223-7100
mmiller@bankofquincy.com
Troy Kemp
Commercial Loan Officer
1132 Broadway St # 305
Quincy, IL 62314
(217) 223-7100
tkemp@bankofquincy.com
Marcia Hardin
Commercial Loan Officer
1132 Broadway St # 305
Quincy, IL 62314
(217) 223-7100
mhardin@bankofquincy.com
Address
1132 Broadway St # 305
Quincy, IL
Contact
(217) 223-7100
Fax (301) 639-0804
nfrese@bankofquincy.com
Address
1132 Broadway St # 305
Quincy, IL
Contact
(217) 223-7100
Fax (301) 639-0804
msmith@bankofquincy.com
Address
1132 Broadway St # 305
Quincy, IL
Contact
(217) 223-7100
Fax (301) 639-0804
mmiller@bankofquincy.com