Current Mortgage Rates in Illinois

Friday, October 10, 2008



Current Mortgage Rates*

Loan Type
Illinois Average
30-yr. fixed6.12%
30-yr. fixed jumbo7.62%
15-yr. fixed5.88%
15-yr. fixed jumbo6.88%
7/1 ARM6.25%
7/1 ARM jumbo7.00%
5/1 ARM6.00%
5/1 ARM jumbo6.88%
3/1 ARM5.88%
3/1 ARM jumbo6.25%
1-yr. ARM5.75%
1-yr. ARM jumbo5.50%
1-yr. LIBOR ARM6.12%
*Mortgage Rates Updated: 10/07/2008

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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
Citibank7.71%8.28%4.43Citibank7.00%7.14%0.25
Bank of America6.61%6.75%0.80Bank of America7.34%7.59%1.75
Wachovia6.24%6.38%0.71Wells Fargo9.31%9.38%0.26
Wells Fargo6.41%6.49%0.24Chase7.75%7.80%0.14
Chase6.31%6.39%0.08Fifth Third Bank7.10%7.13%0.02
Fifth Third Bank6.41%6.47%0.33 
Illinois 15-yr. fixed Mortgage Rates Illinois 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.37%8.59%6.62Citibank6.75%6.89%0.00
Bank of America6.23%6.49%0.90Bank of America7.23%7.62%1.54
Wachovia5.73%5.99%0.81Wells Fargo7.98%8.10%0.41
Wells Fargo6.16%6.29%0.33Chase6.50%6.59%0.00
Chase6.31%6.44%0.07Fifth Third Bank6.30%6.34%0.02
Fifth Third Bank5.87%5.98%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 America6.40%6.37%0.96Bank of America6.88%7.36%0.48
Wachovia5.79%5.84%0.59Wells Fargo8.45%7.48%0.29
Wells Fargo7.32%6.86%0.18Chase7.62%7.39%0.31
Chase6.84%6.42%0.04Fifth Third Bank6.76%6.22%0.00
Fifth Third Bank6.45%5.96%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 America6.43%6.14%0.88Bank of America8.14%6.63%1.05
Wells Fargo7.06%6.59%0.23Wells Fargo7.81%6.84%0.32
Chase6.79%6.27%0.03Chase7.76%6.66%0.00
Fifth Third Bank6.21%5.98%0.27Fifth Third Bank6.68%6.11%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 America5.98%6.15%0.93Bank of America6.88%7.60%0.08
Wachovia5.55%5.61%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 Bank6.59%6.02%0.00
Fifth Third Bank5.80%5.81%0.24 
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 America7.14%6.37%1.82Wells 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 Bank6.48%5.96%0.00
Fifth Third Bank6.11%5.72%0.00 

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