Current Mortgage Rates in Illinois

Friday, September 05, 2008



Current Mortgage Rates*

Loan Type
Illinois Average
30-yr. fixed6.38%
30-yr. fixed jumbo7.12%
15-yr. fixed5.88%
15-yr. fixed jumbo6.62%
7/1 ARM6.25%
7/1 ARM jumbo6.88%
5/1 ARM6.00%
5/1 ARM jumbo6.50%
3/1 ARM5.75%
3/1 ARM jumbo6.62%
1-yr. ARM5.88%
1-yr. ARM jumbo6.00%
1-yr. LIBOR ARM5.50%
*Mortgage Rates Updated: 09/04/2008

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Current Mortgage Rates in Illinois

Illinois 30-yr. fixed Mortgage Rates Illinois 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.83%8.44%4.79Citibank7.00%7.14%0.25
Bank of America6.80%6.94%0.72Bank of America7.00%7.10%0.08
Wachovia6.31%6.45%0.75Wells Fargo7.12%7.19%0.12
Wells Fargo6.75%6.99%0.25Chase6.88%6.94%0.25
Chase6.75%6.84%0.25Fifth Third Bank7.11%7.14%0.02
Fifth Third Bank6.50%6.56%0.32 
Illinois 15-yr. fixed Mortgage Rates Illinois 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.43%8.68%6.82Citibank6.75%6.89%0.00
Bank of America6.25%6.49%0.81Bank of America7.25%7.38%0.00
Wachovia5.76%6.02%0.87Wells Fargo7.83%7.96%0.44
Wells Fargo6.21%6.34%0.33Chase6.50%6.59%0.00
Chase6.38%6.48%0.12Fifth Third Bank6.29%6.33%0.02
Fifth Third Bank5.95%6.06%0.36 
Illinois 7/1 ARM Mortgage Rates Illinois 7/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.50%7.21%0.25Citibank7.00%7.46%0.00
Bank of America6.62%7.29%0.03Bank of America6.88%7.36%0.48
Wachovia5.69%5.75%0.64Wells Fargo6.62%7.22%0.38
Wells Fargo6.50%7.27%0.25Chase6.62%7.15%0.12
Chase6.62%7.11%0.00Fifth Third Bank6.78%6.36%0.00
Fifth Third Bank6.42%6.06%0.00 
Illinois 5/1 ARM Mortgage Rates Illinois 5/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.38%7.29%0.12Citibank6.88%7.47%0.00
Bank of America6.66%6.12%0.82Bank of America8.14%6.63%1.05
Wells Fargo6.38%7.27%0.38Wells Fargo6.38%7.24%0.25
Chase6.50%7.18%0.00Chase6.75%7.32%0.00
Fifth Third Bank6.18%5.92%0.29Fifth Third Bank6.72%6.28%0.00
Illinois 3/1 ARM Mortgage Rates Illinois 3/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.62%7.51%0.00Citibank7.00%7.62%0.00
Bank of America6.50%7.54%0.17Bank of America6.88%7.60%0.08
Wachovia5.50%5.57%0.48Wells Fargo6.75%7.52%0.12
Wells Fargo6.38%7.44%0.12Chase6.75%7.41%0.00
Chase6.75%7.37%0.00Fifth Third Bank6.63%6.20%0.00
Fifth Third Bank5.74%5.72%0.25 
Illinois 1-yr. ARM Mortgage Rates Illinois 1-yr. ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.76%0.00Citibank7.00%7.90%0.00
Bank of America6.88%7.66%0.04Wells Fargo7.25%7.74%0.12
Wells Fargo7.25%7.78%0.12Chase7.12%7.62%0.00
Chase6.12%7.53%0.12Fifth Third Bank6.55%6.16%0.01
Fifth Third Bank6.14%5.88%0.01 

Current Mortgage Rates by City

Index: A->B    B->C   C->D   D->F   F->H   H->L   L->M   M->N   N->P   P->S   S->T   T->W   W->Z   
   

Mortgage Statistics for Illinois

  Illinois USA
Population:
Population - The population of Illinois
 12,415,876 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Illinois mortgage.
 9,122,097 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Illinois mortgage.
 1,876,853 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Illinois mortgage.
 1,530,239 34,671,551
HouseHolds:
HouseHolds - The total number of households in Illinois, where you might buy a home.
 4,884,060 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Illinois, where you might apply for a Illinois mortgage.
 2 2
Average House Value:
Average House Value - The average house value in Illinois
 $140,271 $132,188
Income per Household:
Income per Household - The household income where you might compare Illinois mortgage interest rates.
 $48,706 $43,800