Compare Today’s Refinance Rates for Matherville, Illinois 61263
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Matherville, Illinois 61263.
With a 30-year amortization refinance in Matherville and surrounding areas of Mercer county, our calculations show that you can expect to save up to $3,175 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 Matherville, Illinois 61263.
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Summary of Average Refinances in Matherville, Illinois 61263
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Matherville, Illinois 61263
Pureloan has developed an interactive chart to monitor the five largest local lenders in Matherville, IL 61263, 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 Matherville, Illinois 61263 from 2024 - 2016
The following historical data provides insights into refinancing trends in Matherville, Illinois and the surrounding Mercer 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 Matherville, Illinois 61263
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Matherville, Illinois 61263, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Cassel Danyel
Mortgage Consultant
201 10th Ave W
Milan, IL 61263
(309) 756-2540
CDanyel@ambankqc.com
Guyer Mandi
Mortgage Consultant
201 10th Ave W
Milan, IL 61263
(630) 365-4400
GMandi@ambankqc.com
Butler Laci
Mortgage Consultant
201 10th Ave W
Milan, IL 61263
(309) 756-2540
BLaci@ambankqc.com
Wendt Alan
Mortgage Consultant
201 10th Ave W
Milan, IL 61263
(309) 756-2540
WAlan@ambankqc.com
Anderson Kimberly
Mortgage Consultant
201 10th Ave W
Milan, IL 61263
(309) 756-2540
AKimberly@ambankqc.com
Address
201 10th Ave W
Milan, IL
Contact
(309) 756-2540
Fax (301) 639-0804
CDanyel@ambankqc.com
Address
201 10th Ave W
Milan, IL
Contact
(630) 365-4400
Fax (301) 639-0804
GMandi@ambankqc.com
Address
201 10th Ave W
Milan, IL
Contact
(309) 756-2540
Fax (301) 639-0804
BLaci@ambankqc.com