Current Mortgage Rates in Illinois

Monday, October 06, 2008



Current Mortgage Rates*

Loan Type
Illinois Average
30-yr. fixed6.25%
30-yr. fixed jumbo7.62%
15-yr. fixed5.88%
15-yr. fixed jumbo6.88%
7/1 ARM6.62%
7/1 ARM jumbo6.88%
5/1 ARM6.25%
5/1 ARM jumbo6.75%
3/1 ARM6.12%
3/1 ARM jumbo6.25%
1-yr. ARM5.75%
1-yr. ARM jumbo5.38%
1-yr. LIBOR ARM6.38%
*Mortgage Rates Updated: 10/03/2008

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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
Citibank7.73%8.30%4.48Citibank7.00%7.14%0.25
Bank of America6.64%6.78%0.80Bank of America7.27%7.52%1.70
Wachovia6.25%6.39%0.72Wells Fargo9.27%9.34%0.27
Wells Fargo6.41%6.50%0.27Chase7.73%7.78%0.18
Chase6.33%6.41%0.05Fifth Third Bank7.09%7.11%0.02
Fifth Third Bank6.42%6.49%0.33 
Illinois 15-yr. fixed Mortgage Rates Illinois 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.38%8.61%6.66Citibank6.75%6.89%0.00
Bank of America6.24%6.50%0.90Bank of America7.19%7.57%1.50
Wachovia5.73%5.99%0.84Wells Fargo7.96%8.08%0.42
Wells Fargo6.16%6.30%0.34Chase6.50%6.59%0.00
Chase6.31%6.44%0.08Fifth Third Bank6.29%6.33%0.02
Fifth Third Bank5.89%6.00%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 America6.45%6.36%0.98Bank of America6.88%7.36%0.48
Wachovia5.76%5.82%0.61Wells Fargo8.39%7.44%0.28
Wells Fargo7.27%6.83%0.19Chase6.62%7.15%0.12
Chase6.87%6.38%0.05Fifth Third Bank6.76%6.24%0.00
Fifth Third Bank6.44%5.97%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 America6.47%6.13%0.87Bank of America8.14%6.63%1.05
Wells Fargo7.02%6.54%0.26Wells Fargo7.80%6.81%0.35
Chase6.90%6.25%0.03Chase7.84%6.64%0.00
Fifth Third Bank6.21%5.96%0.27Fifth Third Bank6.69%6.13%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 America6.01%6.10%0.94Bank of America6.88%7.60%0.08
Wachovia5.53%5.60%0.49Wells 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 Bank6.58%6.04%0.00
Fifth Third Bank5.78%5.79%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 America7.12%6.30%1.81Wells 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%5.99%0.00
Fifth Third Bank6.12%5.74%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