Compare Today’s Refinance Rates for Ellis Grove, Illinois 62241
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Ellis Grove, Illinois 62241.
With a 30-year amortization refinance in Ellis Grove and surrounding areas of Randolph county, our calculations show that you can expect to save up to $3,175 over the lifetime of your mortgage, or a monthly savings of $9. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Ellis Grove, Illinois 62241.
Summary of Average Refinances in Ellis Grove, Illinois 62241
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Interactive Refinance Rate Projections for Ellis Grove, Illinois 62241
Pureloan has developed an interactive chart to monitor the five largest local lenders in Ellis Grove, IL 62241, 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 Ellis Grove, Illinois 62241 from 2024 - 2016
The following historical data provides insights into refinancing trends in Ellis Grove, Illinois and the surrounding Randolph 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 | 42.21% | 43.72% | 37.93% | 49.84% | 40.10% | 40.34% | 38.55% | 54.27% | |
avg refi rate | 3.95% | 3.92% | 4.11% | 4.51% | 3.74% | 3.96% | 4.53% | 4.83% | |
% 15 year fixed refinance | 37.19% | 30.42% | 33.70% | 30.10% | 35.17% | 34.69% | 40.15% | 33.94% | |
avg refi rate | 3.20% | 3.12% | 3.21% | 3.54% | 2.98% | 3.24% | 3.78% | 4.21% | |
Avg credit score | 759.66 | 761.43 | 758.70 | 754.77 | 766.58 | 769.75 | 766.48 | 768.91 | |
Avg LTV (loan to value) | 74.79% | 74.63% | 74.45% | 75.36% | 70.82% | 69.70% | 67.56% | 68.97% | |
Avg DTI (debt to income) | 31.52 | 31.20 | 31.34 | 31.75 | 30.35 | 29.70 | 30.58 | 29.93 | |
Avg refinance insurance % | 5.49% | 5.82% | 5.34% | 5.41% | 3.79% | 2.79% | 2.12% | 2.04% |
Best Refinance Brokers around Ellis Grove, Illinois 62241
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Ellis Grove, Illinois 62241, we have compiled a list of top refinance brokers to assist you in the process.
Wayne Steiner
Loan Officer
111 Walnut St
Highland, IL 62241
(618) 651-9090
wsteiner@fcbbanks.com
Karen Feldmann
Loan Officer
111 Walnut St
Highland, IL 62241
(618) 651-9090
kfeldmann@fcbbanks.com
Diana Cromeans
Loan Officer
201 N Commercial St
Albers, IL 62241
(618) 248-5176
dcromeans@fcbbanks.com
AnneMarie Toeben
Home Loan Consultant
550 N 2nd St Ofc
Breese, IL 62241
(618) 420-8274
annemarie.toeben@fbol.com
Jim Carlson
Loan Officer
14 E Hanover St
New Baden, IL 62241
(618) 588-3511
jcarlson@fcbbanks.com
Address
111 Walnut St
Highland, IL
Contact
(618) 651-9090
Fax (301) 639-0804
wsteiner@fcbbanks.com
Address
111 Walnut St
Highland, IL
Contact
(618) 651-9090
Fax (301) 639-0804
kfeldmann@fcbbanks.com
Address
201 N Commercial St
Albers, IL
Contact
(618) 248-5176
Fax (301) 639-0804
dcromeans@fcbbanks.com