Jacksonville Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Jacksonville averaged 5.82% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.69% and one month ago for the week of 2022-05-19, the average rate was 5.36%.

Jacksonville's average rate one year ago was 3.23%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.86%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Jacksonville 30 Year Fixed Rate 2022-06-23 5.82%
Jacksonville 30 Year Fixed Rate Refi 2022-06-23 5.86%
Jacksonville 15 Year Fixed Rate 2022-06-23 5.72%
Jacksonville 15 Year Fixed Rate Refi 2022-06-23 5.03%
Jacksonville 30 Year FHA 2022-06-23 0.12%
Jacksonville 30 Year FHA Refi 2022-06-23 0.41%
Jacksonville 30 Year USDA 2022-06-23 0.32%
Jacksonville 30 Year USDA Refi 2022-06-23 -0.03%
Jacksonville 30 Year VA 2022-06-23 0.18%
Jacksonville 30 Year VA Refi 2022-06-23 -0.21%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Jacksonville, IL.

Jacksonville Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Jacksonville, IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
CNB Bank And Trust, N.A. 56 2.78% $2,372
Petefish, Skiles & Co. 29 2.99% $2,212
Town & Country Banc Mortgage Services, Inc. 23 3.21% $1,726
Prairie State Bank and Trust 18 2.93% $1,767
Bank of Springfield 13 2.98% $3,427
United Community Bank 13 3.13% $1,610
U.S. Bank 12 3.23% $2,158
QUICKEN LOANS, LLC 10 3.29% $4,063
HEARTLAND 6 2.96% $1,641
INB 5 2.98% $1,447
CITIZENS EQUITY FIRST 3 3.67% $834
FLAT BRANCH MORTGAGE, INC. 2 3.44% $3,210
PNC Bank 2 2.94% $2,131
UNITED WHOLESALE MORTGAGE, LLC 2 2.87% $5,221
BROKER SOLUTIONS, INC. 2 4.00% $2,751
MEMBER FIRST MORTGAGE, LLC 2 3.56% $2,510
Carrollton Bank 2 3.38% $1,387
Marine Bank 2 2.88% $1,795
Regions Bank 1 3.38% $3,497
TIAA, FSB 1 2.88% $843
TOTAL MORTGAGE SERVICES, LLC 1 3.38% $3,724
USAA Federal Savings Bank 1 3.88% $3,086
Wells Fargo Bank 1 3.63% $1,621
KeyBank 1 2.75% $1,386
CMG MORTGAGE, INC. 1 3.38% $4,238
Community Mortgage Banc Corporation 1 2.85% $2,601
DAS Acquisition Company, LLC 1 3.13% $2,731
First Bankers Trust Company 1 2.88% $2,142
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.00% $2,588
FIRST STATE MORTGAGE SERVICES, LLC 1 3.38% $2,304
GERSHMAN INVESTMENT CORP. 1 4.00% $1,963
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.50% $3,440
HomeBank 1 2.63% $1,124
HOME POINT FINANCIAL CORPORATION 1 2.99% $3,192
KELLER MORTGAGE, LLC 1 3.75% $4,005
AMERISAVE MORTGAGE CORPORATION 1 3.63% $2,195
Key Mortgage Services, Inc. 1 2.88% $2,974
LEADERONE FINANCIAL CORPORATION 1 3.75% $2,109
Legends Bank 1 4.88% $2,605
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.13% $2,912
Neighborhood Loans, Inc. 1 2.88% $2,644

Jacksonville, IL's 41 lenders originated 838 loans during 2021. The total origination value was $95,900,000, with an average loan value of $114,439.

The top Jacksonville lender as defined by loan originations is CNB Bank And Trust, N.A., with 56 loans originated. Their average total fees are $2,372, which is $161 higher than the next largest lender, Petefish, Skiles & Co..

The lowest fee Jacksonville lenders (with over 10 loans originated) are United Community Bank ($1,610), Town & Country Banc Mortgage Services, Inc. ($1,726), Prairie State Bank and Trust ($1,767), U.S. Bank ($2,158) and Petefish, Skiles & Co. ($2,212).

The lowest rate Jacksonville lenders (with over 10 loans originated) are CNB Bank And Trust, N.A. (2.78%), Prairie State Bank and Trust (2.93%), Bank of Springfield (2.98%), Petefish, Skiles & Co. (2.99%) and United Community Bank (3.13%).

Jacksonville, IL Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
CNB Bank And Trust, N.A. $35,010,000 $16,325,000 -53.4% 17.0%
Petefish, Skiles & Co. $4,790,000 $12,115,000 152.9% 12.6%
Town & Country Banc Mortgage Services, Inc. $15,485,000 $8,380,000 -45.9% 8.7%
Prairie State Bank and Trust $12,285,000 $7,705,000 -37.3% 8.0%
U.S. Bank $5,510,000 $5,990,000 8.7% 6.2%
Bank of Springfield $8,255,000 $5,490,000 -33.5% 5.7%
QUICKEN LOANS, LLC $3,615,000 $4,485,000 24.1% 4.7%
United Community Bank $4,760,000 $3,190,000 -33.0% 3.3%
Warren-Boynton State Bank $2,655,000 $2,905,000 9.4% 3.0%
INB $1,340,000 $2,180,000 62.7% 2.3%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $875,000 $1,745,000 99.4% 1.8%
West Central Bank $1,960,000 $1,550,000 -20.9% 1.6%
BROKER SOLUTIONS, INC. $3,085,000 $1,500,000 -51.4% 1.6%
HEARTLAND $905,000 $1,300,000 43.6% 1.4%
FREEDOM MORTGAGE CORPORATION $1,755,000 $1,110,000 -36.8% 1.2%
PENNYMAC LOAN SERVICES, LLC $185,000 $945,000 410.8% 1.0%
PNC Bank $970,000 $930,000 -4.1% 1.0%
Mortgage Research Center, LLC $780,000 $890,000 14.1% 0.9%
TOP FLITE FINANCIAL, INC. $660,000 $825,000 25.0% 0.9%
FLAT BRANCH MORTGAGE, INC. $725,000 $805,000 11.0% 0.8%
CMG MORTGAGE, INC. $95,000 $690,000 626.3% 0.7%
VILLAGE CAPITAL & INVESTMENT LLC $360,000 $655,000 81.9% 0.7%
LEADERONE FINANCIAL CORPORATION $310,000 $565,000 82.3% 0.6%
Community Mortgage Banc Corporation $1,400,000 $500,000 -64.3% 0.5%
NEW DAY FINANCIAL, LLC $495,000 n/a 0.5%
MEMBER FIRST MORTGAGE, LLC $460,000 n/a 0.5%
USAA Federal Savings Bank $670,000 $410,000 -38.8% 0.4%
Carrollton Bank $820,000 $395,000 -51.8% 0.4%
First State Bank $390,000 n/a 0.4%
Marine Bank $1,545,000 $390,000 -74.8% 0.4%
First Bankers Trust Company $365,000 $380,000 4.1% 0.4%
FIRST STATE MORTGAGE SERVICES, LLC $190,000 $375,000 97.4% 0.4%
GERSHMAN INVESTMENT CORP. $135,000 $360,000 166.7% 0.4%
CITIZENS EQUITY FIRST $975,000 $355,000 -63.6% 0.4%
Key Mortgage Services, Inc. $365,000 $350,000 -4.1% 0.4%
Town and Country Bank $825,000 $350,000 -57.6% 0.4%
Neighborhood Loans, Inc. $325,000 n/a 0.3%
AMERISAVE MORTGAGE CORPORATION $165,000 $310,000 87.9% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $170,000 $305,000 79.4% 0.3%
CALIBER HOME LOANS, INC. $175,000 $280,000 60.0% 0.3%
Bank of the West $265,000 n/a 0.3%
NAVY FEDERAL CREDIT UNION $350,000 $260,000 -25.7% 0.3%
HOME POINT FINANCIAL CORPORATION $395,000 $240,000 -39.2% 0.3%
JPMorgan Chase Bank $240,000 n/a 0.3%
MOVEMENT MORTGAGE, LLC $235,000 n/a 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $55,000 $225,000 309.1% 0.2%
Security Bank, s.b. $65,000 $220,000 238.5% 0.2%
UNITED WHOLESALE MORTGAGE, LLC $220,000 n/a 0.2%
Magnolia Bank $205,000 n/a 0.2%
Peoples National Bank , N.A. $195,000 n/a 0.2%
CLEARPATH LENDING $185,000 n/a 0.2%
Paramount Residential Mortgage Group, Inc. $185,000 n/a 0.2%
TIAA, FSB $175,000 n/a 0.2%
Ipava State Bank $170,000 n/a 0.2%
Nations Lending Corporation $125,000 $170,000 36.0% 0.2%
FIRST CENTENNIAL MORTGAGE CORPORATION $165,000 n/a 0.2%
NBKC BANK $165,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $125,000 $155,000 24.0% 0.2%
Bank & Trust Company $55,000 $145,000 163.6% 0.2%
Regions Bank $135,000 $145,000 7.4% 0.2%
21ST MORTGAGE CORPORATION $810,000 $140,000 -82.7% 0.1%
ROYAL UNITED MORTGAGE LLC $255,000 $140,000 -45.1% 0.1%
Bank of America $75,000 $135,000 80.0% 0.1%
Fifth Third Bank $135,000 n/a 0.1%
Wells Fargo Bank $120,000 $135,000 12.5% 0.1%
AMERICAN FINANCING CORPORATION $125,000 n/a 0.1%
GUARANTEED RATE, INC. $125,000 $125,000 0.0% 0.1%
KeyBank $125,000 n/a 0.1%
LOANDEPOT.COM, LLC $125,000 n/a 0.1%
1ST MIDAMERICA $125,000 $115,000 -8.0% 0.1%
COMMUNITYAMERICA $115,000 n/a 0.1%
CROSSCOUNTRY MORTGAGE, LLC $105,000 $115,000 9.5% 0.1%
IAA Credit Union $115,000 n/a 0.1%
STEARNS LENDING, LLC $115,000 n/a 0.1%
T2 FINANCIAL LLC $115,000 n/a 0.1%
DAS Acquisition Company, LLC $105,000 n/a 0.1%
GENEVA FINANCIAL, LLC $105,000 n/a 0.1%
TOTAL MORTGAGE SERVICES, LLC $105,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $95,000 $95,000 0.0% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $85,000 n/a 0.1%
KELLER MORTGAGE, LLC $85,000 n/a 0.1%
Legends Bank $85,000 n/a 0.1%
Midwest Community Bank $85,000 n/a 0.1%
Figure Lending LLC $80,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $75,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $75,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $45,000 $75,000 66.7% 0.1%
HomeBank $65,000 n/a 0.1%
Plains Commerce Bank $65,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $55,000 n/a 0.1%
Alliance Community Bank $375,000 $45,000 -88.0% 0.0%
Williamsville State Bank & Trust $45,000 n/a 0.0%
Pike Bancorp, Inc. $25,000 n/a 0.0%

Jacksonville's top lender by overall market share is CNB Bank And Trust, N.A., with 17.0% market share. In second place, with 12.6%, is Petefish, Skiles & Co., having originated $12,115,000 in loans. In third place, with 8.7%, is Town & Country Banc Mortgage Services, Inc., having originated $8,380,000 in loans. In third place, with 8.0%, is Prairie State Bank and Trust, having originated $7,705,000 in loans. In third place, with 6.2%, is U.S. Bank, having originated $5,990,000 in loans.


Jacksonville, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 394 $45,900,000 $116,497
Refi 264 $31,090,000 $117,765
Cash Out Refi 132 $16,250,000 $123,106
Other 26 $1,580,000 $60,769
Home Improvement 22 $1,080,000 $49,091

Jacksonville's most frequently cited loan purpose was Home Purchase, with 394 originations. The 2nd most popular reason was Refi, with 264 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 266 $31,220,000 $117,368
<2.5% 224 $26,260,000 $117,232
2.5-3% 218 $27,580,000 $126,514
4-5% 61 $4,915,000 $80,574
5-6% 16 $540,000 $33,750
Over 8% 8 $140,000 $17,500
7-8% 6 $170,000 $28,333
6-7% 1 $15,000 $15,000

During 2021, Jacksonville's most frequently originated rate bucket was 3-4%, with 266 originations.

Loan Sizing (Jacksonville, IL MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 425 $25,985,000 $61,141
$100k-200k 322 $44,480,000 $138,137
$200k-400k 83 $21,425,000 $258,133
$400k-600k 7 $3,315,000 $473,571
$600k-1000k 1 $695,000 $695,000

Jacksonville's loan sizing saw the bucket of loans from $100,000 or less with 425 originations, totaling $25,985,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 352 $44,080,000 $125,227
60-80% 268 $32,790,000 $122,351
40-60% 89 $7,635,000 $85,787
20-40% 41 $2,575,000 $62,805
Under 20% 29 $665,000 $22,931
Over 100% 5 $905,000 $181,000

Jacksonville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 352 originations, totaling $44,080,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Jacksonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $127,450 (18.1%) $141,924 (6.3%) 0.00 118
2018-02-01 $121,450 (13.8%) $142,419 (9.6%) 0.00 120
2018-03-01 $129,900 (8.3%) $149,695 (8.1%) 0.00 133
2018-04-01 $134,400 (12.1%) $154,884 (12.6%) 0.00 145
2018-05-01 $130,950 (9.2%) $148,306 (10.3%) 0.00 155
2018-06-01 $127,000 (5.9%) $146,193 (6.4%) 0.00 158
2018-07-01 $124,900 (4.2%) $143,737 (6.1%) 0.00 160
2018-08-01 $127,200 (6.1%) $145,225 (7.1%) 0.00 157
2018-09-01 $124,900 (4.2%) $139,690 (1.3%) 0.00 152
2018-10-01 $122,200 (-4.1%) $137,918 (-3.7%) 0.00 154
2018-11-01 $119,400 (-0.5%) $133,685 (-6.2%) 0.00 150
2018-12-01 $119,900 (4.3%) $133,343 (-1.2%) 0.00 141
2019-01-01 $117,900 (-7.5%) $132,367 (-6.7%) 0.00 126
2019-02-01 $117,950 (-2.9%) $134,001 (-5.9%) 0.00 114
2019-03-01 $118,757 (-8.6%) $137,694 (-8.0%) 0.00 112
2019-04-01 $119,900 (-10.8%) $141,203 (-8.8%) 0.00 112
2019-05-01 $134,400 (2.6%) $146,214 (-1.4%) 0.00 133
2019-06-01 $130,900 (3.1%) $142,134 (-2.8%) 0.00 169
2019-07-01 $136,200 (9.1%) $141,596 (-1.5%) 0.00 166
2019-08-01 $135,614 (6.6%) $142,976 (-1.6%) 0.00 166
2019-09-01 $129,900 (4.0%) $140,236 (0.4%) 0.00 175
2019-10-01 $122,450 (0.2%) $135,992 (-1.4%) 0.00 177
2019-11-01 $116,900 (-2.1%) $131,964 (-1.3%) 0.00 173
2019-12-01 $102,400 (-14.6%) $126,066 (-5.5%) 0.00 161
2020-01-01 $99,900 (-15.3%) $124,011 (-6.3%) 0.00 147
2020-02-01 $104,900 (-11.1%) $120,465 (-10.1%) 0.00 134
2020-03-01 $112,400 (-5.4%) $128,800 (-6.5%) 0.00 137
2020-04-01 $123,700 (3.2%) $130,873 (-7.3%) 0.00 131
2020-05-01 $119,900 (-10.8%) $131,586 (-10.0%) 0.00 126
2020-06-01 $124,200 (-5.1%) $135,564 (-4.6%) 0.00 115
2020-07-01 $119,900 (-12.0%) $134,524 (-5.0%) 0.00 114
2020-08-01 $113,500 (-16.3%) $127,249 (-11.0%) 0.00 105
2020-09-01 $96,450 (-25.8%) $116,204 (-17.1%) 0.00 94
2020-10-01 $104,900 (-14.3%) $111,345 (-18.1%) 0.00 99
2020-11-01 $107,400 (-8.1%) $111,668 (-15.4%) 0.00 85
2020-12-01 $104,900 (2.4%) $112,681 (-10.6%) 0.00 79
2021-01-01 $87,500 (-12.4%) $115,399 (-6.9%) 0.00 69
2021-02-01 $86,950 (-17.1%) $114,225 (-5.2%) 0.00 58
2021-03-01 $82,200 (-26.9%) $105,175 (-18.3%) 0.00 49
2021-04-01 $72,000 (-41.8%) $100,485 (-23.2%) 0.00 45
2021-05-01 $84,500 (-29.5%) $121,289 (-7.8%) 0.00 36
2021-06-01 $84,500 (-32.0%) $130,740 (-3.6%) 0.00 31
2021-07-01 $72,000 (-40.0%) $118,278 (-12.1%) 0.00 29
2021-08-01 $82,200 (-27.6%) $122,017 (-4.1%) 0.00 41
2021-09-01 $85,200 (-11.7%) $125,927 (8.4%) 0.00 40
2021-10-01 $84,900 (-19.1%) $128,974 (15.8%) 0.00 44
2021-11-01 $101,950 (-5.1%) $149,653 (34.0%) 0.00 49
2021-12-01 $101,999 (-2.8%) $130,453 (15.8%) 0.00 48
2022-01-01 $99,999 (14.3%) $132,226 (14.6%) 0.00 30
2022-02-01 $108,950 (25.3%) $129,020 (13.0%) 0.00 28
2022-03-01 $92,750 (12.8%) $109,376 (4.0%) 0.00 30
2022-04-01 $96,500 (34.0%) $120,121 (19.5%) 0.00 32
2022-05-01 $109,900 (30.1%) $130,996 (8.0%) 0.00 32
Jacksonville's median listing price for 2022-05-01 was $109,900, a difference of $25,400 (30.1%) versus the prior year and $13,400 versus the prior month.

Jacksonville's median listing price comes in at 0% of the national average.

Jacksonville's average listing price for 2022-05-01 was $130,996, a difference of $9,707 (8.0%) versus the prior year and $10,875 versus the prior month.

For the 2022-05-01 period, Jacksonville had 32 MLS listings, a difference of 0 listings (0%) versus the prior month and -4 listings (-11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Jacksonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,902 sqft
2018-02-01 0 days 1,865 sqft
2018-03-01 0 days 1,853 sqft
2018-04-01 0 days 1,884 sqft
2018-05-01 0 days 1,848 sqft
2018-06-01 0 days 1,845 sqft
2018-07-01 0 days 1,827 sqft
2018-08-01 0 days 1,853 sqft
2018-09-01 0 days 1,835 sqft
2018-10-01 0 days 1,735 sqft
2018-11-01 0 days 1,682 sqft
2018-12-01 0 days 1,670 sqft
2019-01-01 0 days 1,650 sqft
2019-02-01 0 days 1,636 sqft
2019-03-01 0 days 1,727 sqft
2019-04-01 0 days 1,838 sqft
2019-05-01 0 days 1,849 sqft
2019-06-01 0 days 1,850 sqft
2019-07-01 0 days 1,898 sqft
2019-08-01 0 days 1,872 sqft
2019-09-01 0 days 1,841 sqft
2019-10-01 0 days 1,777 sqft
2019-11-01 0 days 1,777 sqft
2019-12-01 0 days 1,683 sqft
2020-01-01 0 days 1,708 sqft
2020-02-01 0 days 1,683 sqft
2020-03-01 0 days 1,784 sqft
2020-04-01 0 days 1,808 sqft
2020-05-01 0 days 1,745 sqft
2020-06-01 0 days 1,745 sqft
2020-07-01 0 days 1,712 sqft
2020-08-01 0 days 1,683 sqft
2020-09-01 0 days 1,618 sqft
2020-10-01 0 days 1,600 sqft
2020-11-01 0 days 1,591 sqft
2020-12-01 0 days 1,576 sqft
2021-01-01 0 days 1,540 sqft
2021-02-01 0 days 1,576 sqft
2021-03-01 0 days 1,428 sqft
2021-04-01 0 days 1,385 sqft
2021-05-01 0 days 1,683 sqft
2021-06-01 0 days 1,232 sqft
2021-07-01 0 days 1,544 sqft
2021-08-01 0 days 1,586 sqft
2021-09-01 0 days 1,602 sqft
2021-10-01 0 days 1,651 sqft
2021-11-01 0 days 1,950 sqft
2021-12-01 0 days 1,780 sqft
2022-01-01 0 days 1,928 sqft
2022-02-01 0 days 1,923 sqft
2022-03-01 0 days 1,452 sqft
2022-04-01 0 days 1,686 sqft
2022-05-01 0 days 1,671 sqft
Jacksonville's median listing age (time on market) for 2022-05-01 was 0 days.

Jacksonville's median square footage for active listings during the 2022-05-01 period was 1,671 sqft. One year prior, the average listing was 1,683 sqft.