Grand Detour, Illinois Mortgage Rates

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Grand Detour Home Purchase Rates

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15 Year Rates in Grand Detour are even LOWER!

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Rates based on a Loan Amount of $315,000, Loan to Value (LTV) 70%, Credit FICO Score 770 Rates, terms, and fees as 2/24/2023 11:00 AM Central Standard Time and subject to change without notice. Rates are posted daily at 11am Monday – Friday.  Rates are not posted on the weekend. Call the Smart Mortgage rate lock line now (888) 999-1350.

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    Grand Detour is an unincorporated census-designated place in Ogle County, Illinois, United States. As of the 2010 census, its population was 429.[2] The village is named after an odd turn in the Rock River, which flows north past the village, rather than its normal southwestern course. John Deere invented the steel plow in Grand Detour, and the John Deere House and Shop is a U.S. National Historic Landmark.

    Grand Detour was founded in 1835 by Leonard Andrus (1805–1867) of Vermont.[3] In 1836 Andrus welcomed his friend and fellow Vermont native John Deere to the town, where Deere built a house and established a forge. Deere manufactured pitchforks and shovels, and in 1837 he invented the first successful steel plow. The first was sold in 1838.[4]