Compare Today’s Refinance Rates for Granite City, Illinois 62040
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Granite City, Illinois 62040.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Granite City, Illinois 62040. For 30-year amortization refinancing, you can expect lifetime cash savings of $2,599 or $7 per month in Granite City and other parts of Madison county.
Summary of Average Refinances in Granite City, Illinois 62040
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Interactive Refinance Rate Projections for Granite City, Illinois 62040
Pureloan has developed an interactive chart to monitor the five largest local lenders in Granite City, IL 62040, 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 Granite City, Illinois 62040 from 2024 - 2016
The following historical data provides insights into refinancing trends in Granite City, 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 Granite City, Illinois 62040
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Granite City, Illinois 62040, we have compiled a list of top refinance brokers to assist you in the process.
Deb Kasten
Home Loan Consultant
3600 Nameoki Rd Ste A
Granite City, IL 62040
(618) 466-3726
deb.kasten@fbol.com
Dave Anderson
Mortgage loan officer
2245 Pontoon Rd
Granite City, IL 62040
(618) 931-3300
dave@4preferred.com
Larry Ziglar
Mortgage Lender
115 S Elm St
Staunton, IL 62040
(618) 635-2234
lziglar@fnbstaunton.com
Rory Makler
Mortgage Lender
115 S Elm St
Staunton, IL 62040
(618) 635-2234
rmakler@fnbstaunton.com
Anita Duda
Mortgage Lender
115 S Elm St
Staunton, IL 62040
(618) 635-2234
aduda@fnbstaunton.com
Address
3600 Nameoki Rd Ste A
Granite City, IL
Contact
(618) 466-3726
Fax (301) 639-0804
deb.kasten@fbol.com
Address
2245 Pontoon Rd
Granite City, IL
Contact
(618) 931-3300
Fax (301) 639-0804
dave@4preferred.com
Address
115 S Elm St
Staunton, IL
Contact
(618) 635-2234
Fax (301) 639-0804
lziglar@fnbstaunton.com