Compare Today’s Refinance Rates for Niles, Illinois 60714
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Niles, Illinois 60714.
With a 30-year amortization refinance in Niles and surrounding areas of Cook county, our calculations show that you can expect to save up to $5,407 over the lifetime of your mortgage, or a monthly savings of $15. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Niles, Illinois 60714.
Summary of Average Refinances in Niles, Illinois 60714
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Interactive Refinance Rate Projections for Niles, Illinois 60714
Pureloan has developed an interactive chart to monitor the five largest local lenders in Niles, IL 60714, 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 Niles, Illinois 60714 from 2024 - 2016
The following historical data provides insights into refinancing trends in Niles, 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 | 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 Niles, Illinois 60714
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Niles, Illinois 60714, we have compiled a list of top refinance brokers to assist you in the process.
Matthew Joseph
Mortgage Loan Specialist
7100 West Oakton Street
Niles, IL 60714
(847) 745-1472
dariush.kakvand@53.com
Brandt Hoffman
Mortgage Banker
7007 W Dempster St
Niles, IL 60714
(184) 796-5276
Brandt.Hoffman@chase.com
Paul Ponticell
Senior Loan Officer
6676 N Lincoln Ave
Lincolnwood, IL 60714
(847) 679-2265
pponticell@brickyardbank.net
Paul Koscielniak
Mortgage Banker
4223 N Harlem Ave
Harwood Heights, IL 60714
(177) 354-5277
Paul.Koscielniak@chase.com
Jeff Magee
Loan Officer
7544 W North Ave Ste 3
Elmwood Park, IL 60714
(708) 452-5151
jmagee@mrgloans.com
Address
7100 West Oakton Street
Niles, IL
Contact
(847) 745-1472
Fax (301) 639-0804
dariush.kakvand@53.com
Address
7007 W Dempster St
Niles, IL
Contact
(184) 796-5276
Fax (301) 639-0804
Brandt.Hoffman@chase.com
Address
6676 N Lincoln Ave
Lincolnwood, IL
Contact
(847) 679-2265
Fax (301) 639-0804
pponticell@brickyardbank.net