Compare Today’s Refinance Rates for Hoffman Estates, Illinois 60179
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Hoffman Estates, Illinois 60179.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Hoffman Estates, Illinois 60179. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,553 or $13 per month in Hoffman Estates and other parts of Cook county.
Summary of Average Refinances in Hoffman Estates, Illinois 60179
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Interactive Refinance Rate Projections for Hoffman Estates, Illinois 60179
Pureloan has developed an interactive chart to monitor the five largest local lenders in Hoffman Estates, IL 60179, 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 Hoffman Estates, Illinois 60179 from 2024 - 2016
The following historical data provides insights into refinancing trends in Hoffman Estates, Illinois and the surrounding Cook 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 | 49.21% | 52.87% | 51.72% | 47.59% | 46.81% | 46.03% | 42.51% | 52.05% | |
avg refi rate | 3.96% | 3.87% | 4.08% | 4.51% | 3.71% | 3.89% | 4.47% | 4.83% | |
% 15 year fixed refinance | 37.42% | 31.65% | 32.76% | 39.24% | 40.01% | 37.06% | 39.29% | 31.31% | |
avg refi rate | 3.21% | 3.12% | 3.30% | 3.56% | 2.99% | 3.26% | 3.80% | 4.24% | |
Avg credit score | 756.37 | 760.91 | 760.89 | 759.06 | 769.94 | 774.52 | 772.15 | 770.25 | |
Avg LTV (loan to value) | 72.76% | 72.65% | 72.90% | 70.83% | 67.80% | 65.82% | 63.53% | 63.19% | |
Avg DTI (debt to income) | 34.03 | 33.25 | 33.42 | 33.57 | 31.25 | 30.75 | 31.49 | 31.92 | |
Avg refinance insurance % | 4.47% | 4.56% | 4.77% | 4.02% | 2.69% | 1.57% | 0.97% | 0.80% |
Best Refinance Brokers around Hoffman Estates, Illinois 60179
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Hoffman Estates, Illinois 60179, we have compiled a list of top refinance brokers to assist you in the process.
Allan Freitag
Mortgage Partner
2356 Hassell Rd Ste A
Hoffman Estates, IL 60179
(847) 885-2020
ppfllc@thetowers.com
Matthew Dosen
Loan Officer
120 E Wesley St
Wheaton, IL 60179
(630) 221-4219
Matthew.L.Dosen@Chase.com
Luke Dean
Loan Officer
120 E Wesley St
Wheaton, IL 60179
(630) 221-4162
Luke.Dean@chase.com
Julie Kelsey
Lending Manager
120 E Wesley St
Wheaton, IL 60179
(163) 031-5241
Julie.Kelsey@chase.com
BYRON NAZAR
Mortgage Consultant
1403 N Main St
Wheaton, IL 60179
(630) 588-2199
byron.nazar@wellsfargo.com
Address
2356 Hassell Rd Ste A
Hoffman Estates, IL
Contact
(847) 885-2020
Fax (301) 639-0804
ppfllc@thetowers.com
Address
120 E Wesley St
Wheaton, IL
Contact
(630) 221-4219
Fax (301) 639-0804
Matthew.L.Dosen@Chase.com
Address
120 E Wesley St
Wheaton, IL
Contact
(630) 221-4162
Fax (301) 639-0804
Luke.Dean@chase.com