Compare Today’s Refinance Rates for Brookfield, Illinois 60513
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Brookfield, Illinois 60513.
With a 30-year amortization refinance in Brookfield and surrounding areas of Cook county, our calculations show that you can expect to save up to $4,961 over the lifetime of your mortgage, or a monthly savings of $14. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Brookfield, Illinois 60513.
Summary of Average Refinances in Brookfield, Illinois 60513
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Interactive Refinance Rate Projections for Brookfield, Illinois 60513
Pureloan has developed an interactive chart to monitor the five largest local lenders in Brookfield, IL 60513, 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 Brookfield, Illinois 60513 from 2024 - 2016
The following historical data provides insights into refinancing trends in Brookfield, Illinois and the surrounding Cook 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 Brookfield, Illinois 60513
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Brookfield, Illinois 60513, 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 60513
(630) 971-1901
info@midam-mtg.com
Roger McGuire
President & CEO
900 Ogden Ave Ste 207
Downers Grove, IL 60513
(630) 971-1901
roger@midam-mtg.com
Lisa Durkin
Loan Officer
900 Ogden Ave Ste 207
Downers Grove, IL 60513
(630) 971-1901
lisa@midam-mtg.com
Jeff Thoreson
Mortgage Lender
2353 63rd St
Woodridge, IL 60513
(630) 241-5772
RelyOnJeff@gmail.com
Arvind Aggarwal
Loan Officer
6825 Hobson Valley Dr Ste 201
Woodridge, IL 60513
(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