Compare Today’s Refinance Rates for Edwardsville, Illinois 62026
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Edwardsville, Illinois 62026.
With a 30-year amortization refinance in Edwardsville and surrounding areas of Madison county, our calculations show that you can expect to save up to $4,341 over the lifetime of your mortgage, or a monthly savings of $12. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Edwardsville, Illinois 62026.
Summary of Average Refinances in Edwardsville, Illinois 62026
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Interactive Refinance Rate Projections for Edwardsville, Illinois 62026
Pureloan has developed an interactive chart to monitor the five largest local lenders in Edwardsville, IL 62026, 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 Edwardsville, Illinois 62026 from 2024 - 2016
The following historical data provides insights into refinancing trends in Edwardsville, Illinois and the surrounding Madison 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 | 88.24% | 54.51% | 45.23% | 47.50% | 56.23% | 59.69% | 49.15% | 41.89% | 41.54% |
avg refi rate | 6.40% | 3.93% | 3.01% | 3.23% | 4.19% | 4.50% | 4.02% | 3.82% | 4.00% |
% 15 year fixed refinance | 11.76% | 33.48% | 36.37% | 35.19% | 25.22% | 28.57% | 33.56% | 28.42% | 33.46% |
avg refi rate | 5.94% | 2.94% | 2.38% | 2.65% | 3.64% | 3.96% | 3.26% | 3.00% | 3.16% |
Avg credit score | 739.47 | 736.56 | 753.23 | 761.33 | 752.13 | 792.89 | 745.51 | 752.77 | 753.18 |
Avg LTV (loan to value) | 65.29% | 67.77% | 70.12% | 71.76% | 73.11% | 69.98% | 72.46% | 73.53% | 72.53% |
Avg DTI (debt to income) | 37.41 | 31.35 | 30.48 | 29.95 | 32.02 | 31.13 | 31.42 | 30.92 | 31.10 |
Avg refinance insurance % | 5.29% | 2.15% | 3.11% | 4.19% | 5.27% | 3.16% | 4.30% | 5.43% | 5.01% |
Best Refinance Brokers around Edwardsville, Illinois 62026
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Edwardsville, Illinois 62026, we have compiled a list of top refinance brokers to assist you in the process.
Nathan Kerpan
Branch Manager/loan Officer
5170 North State Route 159 #B
Edwardsville, IL 62026
(618) 307-0439
nathan.kerpan@benchmark.us
Tom Detienne
Mortgage Banker
1002 N Main Street
Edwardsville, IL 62026
(800) 270-3416
tomdetienne@leader1.com
Don Engelke
Mortgage Lender
7301 Saint James Dr
Edwardsville, IL 62026
(618) 656-5015
dengelke@fnbstaunton.com
Tim Whitten
Mortgage Lender
7301 Saint James Dr
Edwardsville, IL 62026
(618) 656-5015
twhitten@fnbstaunton.com
John Dorsey
Mortgage Lender
7301 Saint James Dr
Edwardsville, IL 62026
(618) 656-5015
jdorsey@fnbstaunton.com
Address
5170 North State Route 159 #B
Edwardsville, IL
Contact
(618) 307-0439
Fax (301) 639-0804
nathan.kerpan@benchmark.us
Address
1002 N Main Street
Edwardsville, IL
Contact
(800) 270-3416
Fax (301) 639-0804
tomdetienne@leader1.com
Address
7301 Saint James Dr
Edwardsville, IL
Contact
(618) 656-5015
Fax (301) 639-0804
dengelke@fnbstaunton.com