Compare Today’s Refinance Rates for Winchester, Illinois 62694
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Winchester, Illinois 62694.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $682 over the lifetime of your mortgage, which translates to a monthly savings of $2 in Winchester and other areas of Greene 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 Winchester, Illinois 62694
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Interactive Refinance Rate Projections for Winchester, Illinois 62694
Pureloan has developed an interactive chart to monitor the five largest local lenders in Winchester, IL 62694, 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 Winchester, Illinois 62694 from 2024 - 2016
The following historical data provides insights into refinancing trends in Winchester, Illinois and the surrounding Greene 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 Winchester, Illinois 62694
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Winchester, Illinois 62694, we have compiled a list of top refinance brokers to assist you in the process.
Michael Mathiot
Loan Officer
2600 Adlai Stevenson Dr
Springfield, IL 62694
(217) 529-5555
MMathiot@bankofspringfield.com
Brenda Poston
Loan Officer
2600 Adlai Stevenson Dr
Springfield, IL 62694
(217) 529-5555
BPoston@bankofspringfield.com
Andrew Tepavchevich
Mortgage Loan Originator
2040 W Iles Ave
Springfield, IL 62694
(217) 726-6864
andrew.tepavchevich@thedrmc.com
Joy Gilliland
Mortgage Lender
111 South Durkin
Springfield, IL 62694
(216) 718-6553
joy.gilliland@regions.com
Address
2600 Adlai Stevenson Dr
Springfield, IL
Contact
(217) 529-5555
Fax (301) 639-0804
MMathiot@bankofspringfield.com
Address
2600 Adlai Stevenson Dr
Springfield, IL
Contact
(217) 529-5555
Fax (301) 639-0804
BPoston@bankofspringfield.com
Address
2040 W Iles Ave
Springfield, IL
Contact
(217) 726-6864
Fax (301) 639-0804
andrew.tepavchevich@thedrmc.com