Compare Today’s Refinance Rates for Sailor Springs, Illinois 62879
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Sailor Springs, Illinois 62879.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $660 over the lifetime of your mortgage, which translates to a monthly savings of $2 in Sailor Springs and other areas of Clay county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Sailor Springs, Illinois 62879
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Interactive Refinance Rate Projections for Sailor Springs, Illinois 62879
Pureloan has developed an interactive chart to monitor the five largest local lenders in Sailor Springs, IL 62879, 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 Sailor Springs, Illinois 62879 from 2024 - 2016
The following historical data provides insights into refinancing trends in Sailor Springs, Illinois and the surrounding Clay 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 | 42.21% | 43.72% | 37.93% | 49.84% | 40.10% | 40.34% | 38.55% | 54.27% | |
avg refi rate | 3.95% | 3.92% | 4.11% | 4.51% | 3.74% | 3.96% | 4.53% | 4.83% | |
% 15 year fixed refinance | 37.19% | 30.42% | 33.70% | 30.10% | 35.17% | 34.69% | 40.15% | 33.94% | |
avg refi rate | 3.20% | 3.12% | 3.21% | 3.54% | 2.98% | 3.24% | 3.78% | 4.21% | |
Avg credit score | 759.66 | 761.43 | 758.70 | 754.77 | 766.58 | 769.75 | 766.48 | 768.91 | |
Avg LTV (loan to value) | 74.79% | 74.63% | 74.45% | 75.36% | 70.82% | 69.70% | 67.56% | 68.97% | |
Avg DTI (debt to income) | 31.52 | 31.20 | 31.34 | 31.75 | 30.35 | 29.70 | 30.58 | 29.93 | |
Avg refinance insurance % | 5.49% | 5.82% | 5.34% | 5.41% | 3.79% | 2.79% | 2.12% | 2.04% |
Best Refinance Brokers around Sailor Springs, Illinois 62879
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Sailor Springs, Illinois 62879, we have compiled a list of top refinance brokers to assist you in the process.
Mike Williams
Mortgage Lender
55 North Elm St
Alto Pass, IL 62879
(618) 893-2464
mwilliams@myfsb.com
Steve Thompson
Mortgage Lender
55 North Elm St
Alto Pass, IL 62879
(618) 893-2464
sthompson@myfsb.com
Brad Stokich
Mortgage Lender
55 North Elm St
Alto Pass, IL 62879
(618) 893-2464
bstokich@myfsb.com
Tom Jones
Mortgage Lender
55 North Elm St
Alto Pass, IL 62879
(618) 893-2464
tjones@myfsb.com
Mike Hopkins
Home Loans
300 Tower Square Plz
Marion, IL 62879
(618) 997-4341
mhopkins@bankofmarion.com
Address
55 North Elm St
Alto Pass, IL
Contact
(618) 893-2464
Fax (301) 639-0804
mwilliams@myfsb.com
Address
55 North Elm St
Alto Pass, IL
Contact
(618) 893-2464
Fax (301) 639-0804
sthompson@myfsb.com
Address
55 North Elm St
Alto Pass, IL
Contact
(618) 893-2464
Fax (301) 639-0804
bstokich@myfsb.com