Compare Today’s Refinance Rates for Joliet, Illinois 60435
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Joliet, Illinois 60435.
With a 30-year amortization refinance in Joliet and surrounding areas of Will county, our calculations show that you can expect to save up to $5,108 over the lifetime of your mortgage, or a monthly savings of $14. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Joliet, Illinois 60435.
Summary of Average Refinances in Joliet, Illinois 60435
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Interactive Refinance Rate Projections for Joliet, Illinois 60435
Pureloan has developed an interactive chart to monitor the five largest local lenders in Joliet, IL 60435, 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 Joliet, Illinois 60435 from 2024 - 2016
The following historical data provides insights into refinancing trends in Joliet, Illinois and the surrounding Will 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 | 67.80% | 47.57% | 52.85% | 53.92% | 60.81% | 57.32% | 51.67% | 56.95% | 55.38% |
avg refi rate | 6.39% | 3.50% | 2.96% | 3.26% | 4.11% | 4.50% | 4.06% | 3.84% | 4.04% |
% 15 year fixed refinance | 20.34% | 36.49% | 30.40% | 29.04% | 24.87% | 31.45% | 36.24% | 30.21% | 31.03% |
avg refi rate | 5.62% | 2.67% | 2.42% | 2.77% | 3.56% | 3.83% | 3.25% | 3.09% | 3.25% |
Avg credit score | 749.39 | 756.47 | 766.07 | 769.86 | 760.35 | 753.65 | 757.72 | 762.30 | 761.35 |
Avg LTV (loan to value) | 60.42% | 63.24% | 66.82% | 68.79% | 71.17% | 68.06% | 69.36% | 69.49% | 69.88% |
Avg DTI (debt to income) | 36.63 | 34.29 | 32.36 | 31.70 | 34.13 | 35.05 | 34.12 | 32.90 | 33.11 |
Avg refinance insurance % | 1.73% | 1.20% | 2.31% | 3.01% | 4.54% | 3.01% | 3.51% | 3.24% | 3.85% |
Best Refinance Brokers around Joliet, Illinois 60435
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Joliet, Illinois 60435, we have compiled a list of top refinance brokers to assist you in the process.
FRANK MACIKAS
Mortgage Consultant
2405 Essington Rd Ste Hi
Joliet, IL 60435
(815) 267-4076
frank.macikas@wellsfargo.com
RENEE KRBEC
Mortgage Consultant
2405 Essington Rd Ste Hi
Joliet, IL 60435
(815) 267-4076
renee.krbec@wellsfargo.com
Jane Hopkins
Mortgage Broker
1300 W Jefferson St
Joliet, IL 60435
(815) 730-1900 Ext23
jhopkins@dowcompanies.com
Tim Brophy
Mortgage Broker
1300 W Jefferson St
Joliet, IL 60435
(815) 730-1900 Ext20
tbrophy@dowcompanies.com
Tom Mulvey
Mortgage Broker
1300 W Jefferson St
Joliet, IL 60435
(815) 730-1900 Ext22
tmulvey@dowcompanies.com
Address
2405 Essington Rd Ste Hi
Joliet, IL
Contact
(815) 267-4076
Fax (301) 639-0804
frank.macikas@wellsfargo.com
Address
2405 Essington Rd Ste Hi
Joliet, IL
Contact
(815) 267-4076
Fax (301) 639-0804
renee.krbec@wellsfargo.com
Address
1300 W Jefferson St
Joliet, IL
Contact
(815) 730-1900 Ext23
Fax (301) 639-0804
jhopkins@dowcompanies.com