Compare Today’s Refinance Rates for Crystal Lake, Illinois 60014
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Crystal Lake, Illinois 60014.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $5,034 over the lifetime of your mortgage, which translates to a monthly savings of $14 in Crystal Lake and other areas of Mchenry 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 Crystal Lake, Illinois 60014
Become a certified mortgage expert on Pureloan.com
in Crystal Lake, Illinois 60014
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Crystal Lake, Illinois 60014
Pureloan has developed an interactive chart to monitor the five largest local lenders in Crystal Lake, IL 60014, 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 Crystal Lake, Illinois 60014 from 2024 - 2016
The following historical data provides insights into refinancing trends in Crystal Lake, Illinois and the surrounding Mchenry 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 Crystal Lake, Illinois 60014
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Crystal Lake, Illinois 60014, we have compiled a list of top refinance brokers to assist you in the process.
Jim Sorenson
Loan officer
40 Grant Street
Crystal Lake, IL 60014
(815) 788-7861
jsorenson@homestateonline.com
Nancy Howley
Loan officer
40 Grant Street
Crystal Lake, IL 60014
(815) 788-7867
nhowley@homestateonline.com
Bradley Harding
Loan officer
40 Grant St.
Crystal Lake, IL 60014
(815) 479-6203
bharding@homestateonline.com
Greg Grojean
Loan officer
40 Grant Street
Crystal Lake, IL 60014
(815) 788-3340
ggrojean@homestateonline.com
Todd Helmick
Home Mortgage Consultant
5716 S Il Route 31
Crystal Lake, IL 60014
(815) 455-8836
todd.m.helmick@wellsfargo.com
Address
40 Grant Street
Crystal Lake, IL
Contact
(815) 788-7861
Fax (301) 639-0804
jsorenson@homestateonline.com
Address
40 Grant Street
Crystal Lake, IL
Contact
(815) 788-7867
Fax (301) 639-0804
nhowley@homestateonline.com
Address
40 Grant St.
Crystal Lake, IL
Contact
(815) 479-6203
Fax (301) 639-0804
bharding@homestateonline.com