Compare Today’s Refinance Rates for Pecatonica, Illinois 61063
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Pecatonica, Illinois 61063.
With a 30-year amortization refinance in Pecatonica and surrounding areas of Winnebago county, our calculations show that you can expect to save up to $4,743 over the lifetime of your mortgage, or a monthly savings of $13. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Pecatonica, Illinois 61063.
Summary of Average Refinances in Pecatonica, Illinois 61063
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Interactive Refinance Rate Projections for Pecatonica, Illinois 61063
Pureloan has developed an interactive chart to monitor the five largest local lenders in Pecatonica, IL 61063, 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 Pecatonica, Illinois 61063 from 2024 - 2016
The following historical data provides insights into refinancing trends in Pecatonica, Illinois and the surrounding Winnebago 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 Pecatonica, Illinois 61063
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Pecatonica, Illinois 61063, we have compiled a list of top refinance brokers to assist you in the process.
Mike Anderson
Loans officer
1101 Pines Road
Oregon, IL 61063
(815) 732-7952
manders@1stfarmcredit.com
Patrick Ogorman
Rockford Mortgage Lenders
8492 East State Street
Rockford, IL 61063
(815) 332-8860
pato@stillmanbank.com
George Pleshkewych
Loan Officer
6000 E State St
Rockford, IL 61063
(815) 394-4649
George.B.Pleshkewych@chase.com
Ron Lawson
Branch Manager
420 Financial Court Suite 110
Rockford, IL 61063
(815) 312-5820
rlawson@republicmortgage.com
Robin Palmer
Rockford Mortgage Lenders
8492 East State Street
Rockford, IL 61063
(815) 332-8865
robinp@stillmanbank.com
Address
1101 Pines Road
Oregon, IL
Contact
(815) 732-7952
Fax (301) 639-0804
manders@1stfarmcredit.com
Address
8492 East State Street
Rockford, IL
Contact
(815) 332-8860
Fax (301) 639-0804
pato@stillmanbank.com
Address
6000 E State St
Rockford, IL
Contact
(815) 394-4649
Fax (301) 639-0804
George.B.Pleshkewych@chase.com