Mortgage Loans in Pekin, IL

Looking for the best mortgage rates in Pekin, IL? Compare offers from trusted local lenders to find rates that fit your budget and goals. Whether you’re a first-time buyer or refinancing, you’ll get clear options and friendly guidance tailored to Pekin’s housing market.

Start your homebuying journey with confidence by exploring competitive mortgage loans right here in Pekin. With access to exclusive local programs and expert advice, you can secure a great rate and smooth approval process. Let’s make your dream home more affordable and within reach.

PurchaseRefinanceData Analysis

Filters

Loan Type
Lender
Loan Type
Rate
APR
Term
Link
Info
penfed
Conv
6.25 %
6.446 %
30 Yrs
∞
psfcu
Conv
6.25 - 7 %
6.25 - 6.838 %
10 - 30 Yrs
∞

Today’s Mortgage Rates & Analysis - Updated on 2026-AUG-28

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%, unchanged from 7, 30, 60, and 90 days ago. When the Fed Funds rate is higher, it can put upward pressure on mortgage rates because lenders’ borrowing costs increase.

Credit Union Loan Rates - Trends & Analysis:

Pentagon offers a 30-year Conventional Fixed at 6.25% and a 30-year Conventional Refi at 6.125%, down 13 bp from a week ago but up 13 bp from 30 days ago. Their 30-year FHA and VA Fixed rates are both 5.75%, with FHA up 13 bp from a week ago. The Jumbo 30-year Fixed rate is steady at 6.25%. Polish & Slavic offers a 15-year fixed rate at 6.25% and a 30-year fixed rate at 6.5%, with the 30-year rate down 13 bp from a week ago. The only ARM rates listed are from July, with a 3-year and 5-year ARM today at 5.625%, a 7-year ARM at 6.125%, and a 10-year ARM at 6.75%.

Market Indicators - Data & Insights:

Today, Zillow's 30-year mortgage rate is 6.465%, slightly higher than Freddie Mac's 30-year rate at 6.650%. Zillow's 30-year rate is also higher than it was 7 days ago. These rates reflect current borrowing costs, which influence how many people can afford to buy homes and affect overall housing demand.

🏦 Local Lenders in Pekin, IL

See the full lender directory — hours, services & financials →

🏘️ All the Lenders Available in Tazewell County, IL

✅GALE CREDIT UNION
✅REDBRAND CREDIT UNION
✅COOPERATIVE CHOICE NETWORK CREDIT UNION
✅CITIZENS EQUITY FIRST CREDIT UNION

Compare other loan types in Pekin, IL

Why compare Mortgage Loans in Pekin, IL on LendMesh

If you’re searching for the best mortgage rates in Pekin, IL, it’s wise to explore multiple lenders before deciding. LendMesh makes it easy to compare a variety of loan options, helping you find competitive rates and terms that fit your needs. Taking the time to look around could uncover better deals and save you money, so keep comparing and stay informed throughout your homebuying or refinancing journey.

Consider subscribing to LendMesh for personalized mortgage alerts tailored to your target rate, whether it’s 4%, 5%, or another goal. You’ll receive timely notifications the moment offers fall below your set threshold, along with expert insights, rate trends, and curated loan deals delivered weekly or monthly. Join many Pekin borrowers who trust LendMesh to stay updated and seize the best opportunities without the hassle.

Customers are also interested in:

Mortgage Rates Best Rates