Compare Today’s Refinance Rates for Des Plaines, Illinois

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Des Plaines, Illinois 60016. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Des Plaines and surrounding areas of Cook county, your expected lifetime cash savings are $25,730 or $71 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Des Plaines, Illinois 60016.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Des Plaines, Illinois 60016

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Des Plaines, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Des Plaines, IL 60016, 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 Des Plaines, IL

Refinance Rates for Des Plaines, Illinois 60016 from 2013 - 2020

Below are historical data on refinancing in Des Plaines, 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 Des Plaines, Illinois 60016

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Des Plaines, Illinois 60016, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Shelly Straim

Mortgage Consultant

2720 S River Rd

Des Plaines, IL 60016

(847) 297-0737

sstraim@oneononefunding.com

Greg Schneider

Mortgage Loan Originator

1420 Waukegan Rd

Glenview, IL 60016

(847) 686-0158

greg.schneider@phhonline.com

Linda Frantz

Mortgage Loan Originator

1420 Waukegan Rd

Glenview, IL 60016

(847) 686-0158

linda.frantz@phhonline.com

Kevin Duffy

Loan Officer

2801 Pfingsten Rd

Glenview, IL 60016

(847) 562-8656

Kevin.Duffy@chase.com

Rozina Mevawalla

Loan Officer

2801 Pfingsten Rd

Glenview, IL 60016

(847) 562-9117

Rozina.I.Mevawalla@chase.com

Address

2720 S River Rd

Des Plaines, IL

Contact

(847) 297-0737

Fax (301) 639-0804

sstraim@oneononefunding.com

Address

1420 Waukegan Rd

Glenview, IL

Contact

(847) 686-0158

Fax (301) 639-0804

greg.schneider@phhonline.com

Address

1420 Waukegan Rd

Glenview, IL

Contact

(847) 686-0158

Fax (301) 639-0804

linda.frantz@phhonline.com

Refinancing News for Des Plaines, Illinois 60016