Compare Today’s Refinance Rates for Buffalo Grove, Illinois 60089
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Buffalo Grove, Illinois 60089.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Buffalo Grove, Illinois 60089. For 30-year amortization refinancing, you can expect lifetime cash savings of $6,437 or $18 per month in Buffalo Grove and other parts of Lake county.
Summary of Average Refinances in Buffalo Grove, Illinois 60089
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Interactive Refinance Rate Projections for Buffalo Grove, Illinois 60089
Pureloan has developed an interactive chart to monitor the five largest local lenders in Buffalo Grove, IL 60089, 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 Buffalo Grove, Illinois 60089 from 2024 - 2016
The following historical data provides insights into refinancing trends in Buffalo Grove, Illinois and the surrounding Lake 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 Buffalo Grove, Illinois 60089
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Buffalo Grove, Illinois 60089, we have compiled a list of top refinance brokers to assist you in the process.
Steve Siwinski
Loan Officer
1653 Barclay Blvd
Buffalo Grove, IL 60089
(847) 419-0010
ssiwinski@guaranteedrate.com
Cecilia Montero
Loan Officer
253 E Dundee Rd
Wheeling, IL 60089
(815) 370-2469
Cecilia.F.Montero@chase.com
Catherine French
Loan Officer
1200 Central Ave
Wilmette, IL 60089
(847) 853-2803
Catherine.L.French@chase.com
Steven Katz
Vice President
2 Northfield Plz Ste 320
Winnetka, IL 60089
(847) 239-7809
skatz@mteamgroup.com
Nicole Cunningham
Sr. Loan Officer/Consultant
2 Northfield Plz Ste 320
Winnetka, IL 60089
(847) 480-6100 Ext3330
nicole.cunningham@1amllc.com
Address
1653 Barclay Blvd
Buffalo Grove, IL
Contact
(847) 419-0010
Fax (301) 639-0804
ssiwinski@guaranteedrate.com
Address
253 E Dundee Rd
Wheeling, IL
Contact
(815) 370-2469
Fax (301) 639-0804
Cecilia.F.Montero@chase.com
Address
1200 Central Ave
Wilmette, IL
Contact
(847) 853-2803
Fax (301) 639-0804
Catherine.L.French@chase.com