Compare Today’s Refinance Rates for Decatur, Illinois

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Decatur, Illinois 62525. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $1,906 or $5 / month in Decatur and other areas of Macon county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Decatur, Illinois 62525.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Decatur, Illinois 62525

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Decatur, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Decatur, IL 62525, 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 Decatur, IL

Refinance Rates for Decatur, Illinois 62525 from 2013 - 2020

Below are historical data on refinancing in Decatur, Illinois and around Macon 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 54.27% 38.55% 40.34% 40.10% 49.84% 37.93% 43.72% 42.21%
avg refi rate 4.83% 4.53% 3.96% 3.74% 4.51% 4.11% 3.92% 3.95%
% 15 year fixed refinance 33.94% 40.15% 34.69% 35.17% 30.10% 33.70% 30.42% 37.19%
avg refi rate 4.21% 3.78% 3.24% 2.98% 3.54% 3.21% 3.12% 3.20%
Avg credit score 768.91 766.48 769.75 766.58 754.77 758.70 761.43 759.66
Avg LTV (loan to value) 68.97% 67.56% 69.70% 70.82% 75.36% 74.45% 74.63% 74.79%
Avg DTI (debt to income) 29.93 30.58 29.70 30.35 31.75 31.34 31.20 31.52
Avg refinance insurance % 2.04% 2.12% 2.79% 3.79% 5.41% 5.34% 5.82% 5.49%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Decatur, Illinois 62525

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Decatur, Illinois 62525, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Jeffrey Tucker

Mortgage Loan Officer

415 E Ash Ave d

Decatur, IL 62525

(217) 875-5870

jeff.tucker@cibbank.com

Jennifer Swinger

Mortgage Lender

350 N Water Street

Decatur, IL 62525

(217) 619-0953

jennifer.swinger@regions.com

Jill Lauchner

Loan Officer

415 E Ash Ave Ste B

Decatur, IL 62525

(618) 692-1558

jill.lauchner@1amllc.com

Melanie Binder

Loan Officer

415 E Ash Ave Ste B

Decatur, IL 62525

(217) 875-5870 Ext205

melanie.binder@1amllc.com

Cindy Shugart

Sr. Loan Officer

415 E Ash Ave Ste B

Decatur, IL 62525

(217) 875-5870 Ext203

cynthia.shugart@1amllc.com

Address

415 E Ash Ave d

Decatur, IL

Contact

(217) 875-5870

Fax (301) 639-0804

jeff.tucker@cibbank.com

Address

350 N Water Street

Decatur, IL

Contact

(217) 619-0953

Fax (301) 639-0804

jennifer.swinger@regions.com

Address

415 E Ash Ave Ste B

Decatur, IL

Contact

(618) 692-1558

Fax (301) 639-0804

jill.lauchner@1amllc.com

Refinancing News for Decatur, Illinois 62525