Compare Today’s Refinance Rates for Palatine, Illinois

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Palatine, Illinois 60094. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $4,428 or $12 / month in Palatine and other areas of Cook county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Palatine, Illinois 60094.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Palatine, Illinois 60094

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Palatine, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Palatine, IL 60094, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Palatine, IL

Refinance Rates for Palatine, Illinois 60094 from 2013 - 2020

Below are historical data on refinancing in Palatine, Illinois and around Cook county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 52.73% 43.03% 48.32% 48.09% 51.61% 52.95% 55.96% 48.73%
avg refi rate 4.78% 4.43% 3.87% 3.67% 4.46% 4.05% 3.84% 3.93%
% 15 year fixed refinance 33.52% 39.30% 35.64% 38.76% 35.06% 32.76% 31.09% 37.47%
avg refi rate 4.21% 3.76% 3.22% 2.96% 3.52% 3.25% 3.08% 3.11%
Avg credit score 770.82 771.52 773.60 769.69 758.18 760.50 761.54 759.40
Avg LTV (loan to value) 60.09% 60.90% 62.86% 64.93% 69.36% 70.65% 69.95% 69.84%
Avg DTI (debt to income) 31.14 30.73 30.34 30.71 33.36 32.97 32.82 34.01
Avg refinance insurance % 0.67% 0.92% 1.25% 2.18% 3.49% 4.22% 3.56% 3.78%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Palatine, Illinois 60094

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Palatine, Illinois 60094, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Matthew Walther

Loan Officer

800 E Northwest Hwyste 100

Palatine, IL 60094

(847) 776-7080

mattwalther@guaranteedrate.com

Don Prell

President

201 E Dundee Rd Ste 1

Palatine, IL 60094

(888) 234-2440 Ext221

dprell@sterlinghomemortgage.com

John Gillett

Loan Officer

1 W Northwest Hwy

Palatine, IL 60094

(847) 382-8220

jcg@barringtonmortgage.com

Dan Link

Loan Officer

1 W Northwest Hwy

Palatine, IL 60094

(847) 382-8220

dlink@barringtonmortgage.com

Richard Koros

Loan Officer

825 W Euclid Ave

Palatine, IL 60094

(847) 925-1291

Richard.J.Koros@chase.com

Address

800 E Northwest Hwyste 100

Palatine, IL

Contact

(847) 776-7080

Fax (301) 639-0804

mattwalther@guaranteedrate.com

Address

201 E Dundee Rd Ste 1

Palatine, IL

Contact

(888) 234-2440 Ext221

Fax (301) 639-0804

dprell@sterlinghomemortgage.com

Address

1 W Northwest Hwy

Palatine, IL

Contact

(847) 382-8220

Fax (301) 639-0804

jcg@barringtonmortgage.com

Refinancing News for Palatine, Illinois 60094