Compare Today’s Refinance Rates for Chicago, Illinois

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Chicago, Illinois 60604. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Chicago and other areas of Cook county, expected lifetime cash savings are $3,037 or $8 / month.

For Chicago, Illinois 60604, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Chicago, Illinois 60604

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Chicago, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Chicago, IL 60604, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Chicago, IL

Refinance Rates for Chicago, Illinois 60604 from 2013 - 2020

Below are historical data on refinancing in Chicago, Illinois and around Cook county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 52.73% 43.03% 48.32% 48.09% 51.61% 52.95% 55.96% 48.73%
avg refi rate 4.78% 4.43% 3.87% 3.67% 4.46% 4.05% 3.84% 3.93%
% 15 year fixed refinance 33.52% 39.30% 35.64% 38.76% 35.06% 32.76% 31.09% 37.47%
avg refi rate 4.21% 3.76% 3.22% 2.96% 3.52% 3.25% 3.08% 3.11%
Avg credit score 770.82 771.52 773.60 769.69 758.18 760.50 761.54 759.40
Avg LTV (loan to value) 60.09% 60.90% 62.86% 64.93% 69.36% 70.65% 69.95% 69.84%
Avg DTI (debt to income) 31.14 30.73 30.34 30.71 33.36 32.97 32.82 34.01
Avg refinance insurance % 0.67% 0.92% 1.25% 2.18% 3.49% 4.22% 3.56% 3.78%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Chicago, Illinois 60604

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Chicago, Illinois 60604, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Karen Wisler

Loan Consultant

100 W Randolph St

Chicago, IL 60604

(888) 473-4858

karen@smartmtgs.net

Jerry Weller

Loan Consultant

100 W Randolph St

Chicago, IL 60604

(888) 473-4858

jerry@smartmtgs.net

Rosa Terrazas

Processor

100 W Randolph St

Chicago, IL 60604

(888) 473-4858

rosa@smartmtgs.net

Eduardo Prats

Loan Consultant - Habla Espa ol

100 W Randolph St

Chicago, IL 60604

(888) 473-4858

eduardo@smartmtgs.net

Alex Prats

Loan Consultant - Habla Espa ol

100 W Randolph St

Chicago, IL 60604

(888) 473-4858

alex@smartmtgs.net

Address

100 W Randolph St

Chicago, IL

Contact

(888) 473-4858

Fax (301) 639-0804

karen@smartmtgs.net

Address

100 W Randolph St

Chicago, IL

Contact

(888) 473-4858

Fax (301) 639-0804

jerry@smartmtgs.net

Address

100 W Randolph St

Chicago, IL

Contact

(888) 473-4858

Fax (301) 639-0804

rosa@smartmtgs.net

Refinancing News for Chicago, Illinois 60604