Compare Today’s Refinance Rates for Big Rock, Illinois 60511
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Big Rock, Illinois 60511.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $4,665 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Big Rock and other areas of Kane 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 Big Rock, Illinois 60511
Become a certified mortgage expert on Pureloan.com
in Big Rock, Illinois 60511
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Big Rock, Illinois 60511
Pureloan has developed an interactive chart to monitor the five largest local lenders in Big Rock, IL 60511, 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 Big Rock, Illinois 60511 from 2024 - 2016
The following historical data provides insights into refinancing trends in Big Rock, 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 Big Rock, Illinois 60511
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Big Rock, Illinois 60511, we have compiled a list of top refinance brokers to assist you in the process.
Mary Niego-McNamara
Loan Officer
900 Ogden Ave Ste 207
Downers Grove, IL 60511
(630) 971-1901
info@midam-mtg.com
Roger McGuire
President & CEO
900 Ogden Ave Ste 207
Downers Grove, IL 60511
(630) 971-1901
roger@midam-mtg.com
Lisa Durkin
Loan Officer
900 Ogden Ave Ste 207
Downers Grove, IL 60511
(630) 971-1901
lisa@midam-mtg.com
Jeff Thoreson
Mortgage Lender
2353 63rd St
Woodridge, IL 60511
(630) 241-5772
RelyOnJeff@gmail.com
Arvind Aggarwal
Loan Officer
6825 Hobson Valley Dr Ste 201
Woodridge, IL 60511
(630) 728-6712
realtyarvind@yahoo.com
Address
900 Ogden Ave Ste 207
Downers Grove, IL
Contact
(630) 971-1901
Fax (301) 639-0804
info@midam-mtg.com
Address
900 Ogden Ave Ste 207
Downers Grove, IL
Contact
(630) 971-1901
Fax (301) 639-0804
roger@midam-mtg.com
Address
900 Ogden Ave Ste 207
Downers Grove, IL
Contact
(630) 971-1901
Fax (301) 639-0804
lisa@midam-mtg.com