Compare Today’s Refinance Rates for Malden, Illinois 61337
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Malden, Illinois 61337.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Malden, Illinois 61337. For 30-year amortization refinancing, you can expect lifetime cash savings of $2,745 or $8 per month in Malden and other parts of Bureau county.
Summary of Average Refinances in Malden, Illinois 61337
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Interactive Refinance Rate Projections for Malden, Illinois 61337
Pureloan has developed an interactive chart to monitor the five largest local lenders in Malden, IL 61337, 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 Malden, Illinois 61337 from 2024 - 2016
The following historical data provides insights into refinancing trends in Malden, Illinois and the surrounding Bureau 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 Malden, Illinois 61337
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Malden, Illinois 61337, we have compiled a list of top refinance brokers to assist you in the process.
Betsy Westrick
Branch Mgr
1205 Washington Street
Mendota, IL 61337
(800) 345-2178
mendota@ffsbweb.com
KATHERINE ELMENDORF
Mortgage Consultant
1402 Columbus St
Ottawa, IL 61337
(815) 433-3715
katherine.elmendorf@wellsfargo.com
Jacob Chapman
Loans officer
3184 N State Route 23
Ottawa, IL 61337
(815) 433-1780
jchapma@1stfarmcredit.com
Aaron King
Loans officer
2950 N Main Street suite 1
Princeton, IL 61337
(815) 872-0067
aking@1stfarmcredit.com
Laurie Wood
Lending Services Administrator
2950 N Main Street suite 1
Princeton, IL 61337
(815) 872-0067
lwood@1stfarmcredit.com
Address
1205 Washington Street
Mendota, IL
Contact
(800) 345-2178
Fax (301) 639-0804
mendota@ffsbweb.com
Address
1402 Columbus St
Ottawa, IL
Contact
(815) 433-3715
Fax (301) 639-0804
katherine.elmendorf@wellsfargo.com
Address
3184 N State Route 23
Ottawa, IL
Contact
(815) 433-1780
Fax (301) 639-0804
jchapma@1stfarmcredit.com