Compare Today’s Refinance Rates for Chicago, Illinois

Pureloan analyzes all refinance lenders to give you the best real-time home refi rates for Chicago, Illinois 60290. Search for lower interest rates, cash-out refi or a home equity loan. For 30-year amortization refinancing in Chicago and surrounding areas of Cook county, expected lifetime cash savings are $38,119 or $106 / month.

Our search engine analyzes all possible options including HELOC, positive equity refinancing, and short home refinancing for Chicago, Illinois 60290.

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Summary of Average Refinance Terms in Chicago, Illinois 60290

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Refinance Rates for Chicago, Illinois 60290 from 2012 - 2019

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.

2012 2013 2014 2015 2016 2017 2018 2019
% 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%
% 10 year fixed refinance 3.36% 6.72% 5.74% 5.32% 4.05% 1.60% 1.43% 1.10%
avg refi rate 4.03% 3.58% 3.07% 2.87% 3.34% 3.19% 3.04% 3.05%
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 Combined LTV (loan to value) 63.12% 63.90% 65.51% 67.36% 71.33% 72.04% 71.11% 71.06%
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 60290

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Chicago, Illinois 60290, 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 60290

(888) 473-4858

karen@smartmtgs.net

Jerry Weller

Loan Consultant

100 W Randolph St

Chicago, IL 60290

(888) 473-4858

jerry@smartmtgs.net

Rosa Terrazas

Processor

100 W Randolph St

Chicago, IL 60290

(888) 473-4858

rosa@smartmtgs.net

Eduardo Prats

Loan Consultant - Habla Espa ol

100 W Randolph St

Chicago, IL 60290

(888) 473-4858

eduardo@smartmtgs.net

Alex Prats

Loan Consultant - Habla Espa ol

100 W Randolph St

Chicago, IL 60290

(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 60290