Compare Today’s Refinance Rates for Laura, Illinois 61451
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Laura, Illinois 61451.
With a 30-year amortization refinance in Laura and surrounding areas of Peoria county, our calculations show that you can expect to save up to $3,357 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 Laura, Illinois 61451.
Summary of Average Refinances in Laura, Illinois 61451
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Interactive Refinance Rate Projections for Laura, Illinois 61451
Pureloan has developed an interactive chart to monitor the five largest local lenders in Laura, IL 61451, 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 Laura, Illinois 61451 from 2024 - 2016
The following historical data provides insights into refinancing trends in Laura, Illinois and the surrounding Peoria 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 | 89.47% | 46.48% | 38.95% | 39.11% | 51.84% | 62.75% | 47.58% | 36.68% | 39.77% |
avg refi rate | 6.43% | 3.76% | 2.98% | 3.20% | 4.24% | 4.55% | 4.11% | 3.79% | 3.97% |
% 15 year fixed refinance | 5.26% | 42.61% | 41.58% | 40.96% | 34.36% | 27.45% | 38.29% | 48.49% | 44.32% |
avg refi rate | 6.50% | 2.81% | 2.40% | 2.63% | 3.55% | 3.84% | 3.26% | 2.95% | 3.07% |
Avg credit score | 742.84 | 777.14 | 762.58 | 766.15 | 751.47 | 746.37 | 752.87 | 754.41 | 759.78 |
Avg LTV (loan to value) | 63.00% | 65.68% | 67.49% | 70.61% | 70.17% | 73.75% | 71.90% | 72.44% | 73.51% |
Avg DTI (debt to income) | 31.32 | 32.20 | 31.42 | 30.69 | 32.02 | 33.93 | 32.35 | 31.75 | 31.77 |
Avg refinance insurance % | 0.63% | 2.18% | 2.54% | 3.32% | 3.53% | 4.31% | 4.20% | 4.14% | 4.63% |
Best Refinance Brokers around Laura, Illinois 61451
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Laura, Illinois 61451, we have compiled a list of top refinance brokers to assist you in the process.
Leslie Westen
Loan Officer
440 N Lafayette St
Macomb, IL 61451
(309) 836-4261
leslie.westen@firstbankers.com
Tammy Caldwell
Lending Services Administrator
2901 E. Jackson St
Macomb, IL 61451
(309) 833-2302
tcaldwe@1stfarmcredit.com
Tiffiny Long
Financial Services Officer
2901 E. Jackson St
Macomb, IL 61451
(309) 833-2302
tlong@1stfarmcredit.com
June Harnacke
Loan Officer
134 S Sampson St
Tremont, IL 61451
(217) 445-2211
june@newhollandbank.com
Keith Garlish
Loans officer
7508 N. Kickapoo Edwards Road
Edwards, IL 61451
(309) 676-0069
kgarlis@1stfarmcredit.com
Address
440 N Lafayette St
Macomb, IL
Contact
(309) 836-4261
Fax (301) 639-0804
leslie.westen@firstbankers.com
Address
2901 E. Jackson St
Macomb, IL
Contact
(309) 833-2302
Fax (301) 639-0804
tcaldwe@1stfarmcredit.com
Address
2901 E. Jackson St
Macomb, IL
Contact
(309) 833-2302
Fax (301) 639-0804
tlong@1stfarmcredit.com