Compare Today’s Refinance Rates for Sidney, Illinois 61877
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Sidney, Illinois 61877.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Sidney, Illinois 61877. For 30-year amortization refinancing, you can expect lifetime cash savings of $5,108 or $14 per month in Sidney and other parts of Champaign county.
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Summary of Average Refinances in Sidney, Illinois 61877
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Sidney, Illinois 61877
Pureloan has developed an interactive chart to monitor the five largest local lenders in Sidney, IL 61877, 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 Sidney, Illinois 61877 from 2024 - 2016
The following historical data provides insights into refinancing trends in Sidney, Illinois and the surrounding Champaign 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 Sidney, Illinois 61877
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Sidney, Illinois 61877, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Tonja Arthur
Loan Officer
PO Box 499
Mattoon, IL 61877
(217) 258-0437
TArthur@firstmid.com
Cassandra Fisher
Loan Officer
PO Box 499
Mattoon, IL 61877
(217) 258-0437
CFisher@firstmid.com
Michelle Hoffman
Loan Officer
PO Box 499
Mattoon, IL 61877
(217) 258-0437
MHoffman@firstmid.com
John Johannes
Loan Officer
PO Box 499
Mattoon, IL 61877
(217) 258-0437
JJohannes@firstmid.com
Pamela Koss
Loan Officer
PO Box 499
Mattoon, IL 61877
(217) 258-0437
PKoss@firstmid.com
Address
PO Box 499
Mattoon, IL
Contact
(217) 258-0437
Fax (301) 639-0804
TArthur@firstmid.com
Address
PO Box 499
Mattoon, IL
Contact
(217) 258-0437
Fax (301) 639-0804
CFisher@firstmid.com
Address
PO Box 499
Mattoon, IL
Contact
(217) 258-0437
Fax (301) 639-0804
MHoffman@firstmid.com