Current Mortgage Rates in Elgin, Illinois
Friday, November 20, 2009
Current Mortgage Rates*
Loan Type Elgin Average |
|
| 30-yr. fixed | 4.75% |
| 30-yr. fixed jumbo | 5.12% |
| 15-yr. fixed | 4.25% |
| 15-yr. fixed jumbo | 5.00% |
| 7/1 ARM | 4.50% |
| 7/1 ARM jumbo | 5.25% |
| 5/1 ARM | 4.12% |
| 5/1 ARM jumbo | 4.50% |
| 3/1 ARM | 4.00% |
| 3/1 ARM jumbo | 4.50% |
| 1-yr. ARM | 4.00% |
| 1-yr. ARM jumbo | 4.75% |
| 1-yr. LIBOR ARM | 4.25% |
*Mortgage Rates Updated: 11/20/2009
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Current Mortgage Rates in Elgin, Illinois
| Elgin 30-yr. fixed Mortgage Rates | Elgin 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 4.87% | 5.05% | 1.00 | Wells Fargo | 5.73% | 5.86% | 1.00 |
| Chase | 4.88% | 5.04% | 1.00 | Chase | 5.65% | 5.77% | 1.00 |
| Fifth Third Bank | 4.90% | 4.94% | 0.21 | Fifth Third Bank | 5.70% | 5.72% | 0.00 |
| Elgin 15-yr. fixed Mortgage Rates | Elgin 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 4.32% | 4.60% | 0.80 | Chase | 5.73% | 5.95% | 1.04 |
| Chase | 4.33% | 4.61% | 1.02 | Fifth Third Bank | 5.16% | 5.19% | 0.00 |
| Fifth Third Bank | 4.26% | 4.31% | 0.00 | ||||
| Elgin 7/1 ARM Mortgage Rates | Elgin 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.84% | 3.67% | 1.00 | Chase | 5.11% | 4.12% | 1.02 |
| Chase | 4.29% | 3.83% | 1.04 | Fifth Third Bank | 5.21% | 3.91% | 0.00 |
| Fifth Third Bank | 4.62% | 3.70% | 0.00 | ||||
| Elgin 5/1 ARM Mortgage Rates | Elgin 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.61% | 3.56% | 1.04 | Wells Fargo | 4.87% | 3.88% | 1.00 |
| Chase | 3.83% | 3.61% | 1.02 | Chase | 4.83% | 3.87% | 1.04 |
| Fifth Third Bank | 4.26% | 3.72% | 0.31 | Fifth Third Bank | 5.09% | 3.66% | 0.00 |
| Elgin 3/1 ARM Mortgage Rates | Elgin 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.98% | 3.60% | 1.00 | Chase | 5.56% | 3.84% | 1.02 |
| Chase | 4.20% | 3.63% | 1.00 | Fifth Third Bank | 4.96% | 3.42% | 0.00 |
| Fifth Third Bank | 4.12% | 3.53% | 0.11 | ||||
| Elgin 1-yr. ARM Mortgage Rates | Elgin 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Chase | 4.16% | 3.55% | 1.00 | Chase | 5.26% | 3.58% | 1.04 |
| Fifth Third Bank | 4.30% | 3.19% | 0.00 | Fifth Third Bank | 4.84% | 3.20% | 0.00 |
Banks in Elgin, Illinois
American National Bank of Elgin, 24 East Chicago Street, Elgin Illinois 60120Bank One, Elgin, 1130 North Mclean Boulevard, Elgin Illinois 60123
Efs Bank, 1695 Larkin Avenue, Elgin Illinois 60120
First Community Bank, 165 South Randall Road, Elgin Illinois 60123
First Federal of Elgin, F. , 28 North Grove Avenue, Elgin Illinois 60120
First Federal Savings and Loan Association of Elgin, 28 N Grove Ave, Elgin Illinois 60120
Home Federal Savings and Loan Association of Elgin, 16 N Spring St, Elgin Illinois 60120
Nbd Bank Elgin, 6 Fountain Square Plaza, Elgin Illinois 60120
The Elgin State Bank, 1001 South Randall Road, Elgin Illinois 60123
Union National Bank and Trust Company of Elgin, 101 East Chicago Street, Elgin Illinois 60120
Credit Unions in Elgin, Illinois
Church of The Brethren, 1505 Dundee Avenue, Elgin IL 60120 (847) 742-5180Corporate America Family, 2075 Big Timber Road, Elgin IL 60123 (847) 214-2000
Elgin Mental Health Center, 750 So State Street, Elgin IL 60123 (847) 742-1040
Elgin U.S. Can, 1717 Gifford Rd, Elgin IL 60120 (847) 888-5613
Mortgage Statistics for Elgin, Illinois
| Elgin | Illinois | USA | |
|---|---|---|---|
| Population: Population - The population of Elgin, IL  |
103,782 | 12,415,876 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Elgin mortgage. |
75,462 | 9,122,097 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Elgin mortgage. |
6,525 | 1,876,853 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Elgin mortgage. |
32,786 | 1,530,239 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Elgin, IL, where you might buy a home. |
35,856 | 4,884,060 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Elgin, where you might apply for a Elgin mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Elgin, IL |
$144,858 | $140,271 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Elgin mortgage interest rates. |
$55,330 | $48,706 | $43,800 |