Current Mortgage Rates in Illinois

Monday, October 13, 2008



Current Mortgage Rates*

Loan Type
Illinois Average
30-yr. fixed6.12%
30-yr. fixed jumbo7.50%
15-yr. fixed5.88%
15-yr. fixed jumbo7.12%
7/1 ARM6.62%
7/1 ARM jumbo7.25%
5/1 ARM6.38%
5/1 ARM jumbo7.12%
3/1 ARM6.25%
3/1 ARM jumbo6.75%
1-yr. ARM6.50%
1-yr. ARM jumbo6.12%
1-yr. LIBOR ARM6.25%
*Mortgage Rates Updated: 10/13/2008

Get Current Mortgage Rates
From Top Lenders

Property State
Type of Loan
Home Description
Your Credit Profile
Note: Your credit profile will not be run for this inquiry.


Current Mortgage Rates in Illinois

Illinois 30-yr. fixed Mortgage Rates Illinois 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.69%8.25%4.35Citibank7.00%7.14%0.25
Bank of America6.59%6.74%0.81Bank of America7.34%7.60%1.76
Wachovia6.22%6.36%0.72Wells Fargo9.43%9.49%0.26
Wells Fargo6.42%6.49%0.23Chase7.76%7.81%0.17
Chase6.34%6.42%0.08Fifth Third Bank7.12%7.14%0.01
Fifth Third Bank6.39%6.45%0.33 
Illinois 15-yr. fixed Mortgage Rates Illinois 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.35%8.55%6.52Citibank6.75%6.89%0.00
Bank of America6.23%6.49%0.93Bank of America7.27%7.66%1.55
Wachovia5.73%5.99%0.83Wells Fargo8.04%8.16%0.40
Wells Fargo6.17%6.30%0.32Chase6.50%6.59%0.00
Chase6.35%6.47%0.07Fifth Third Bank6.33%6.36%0.01
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 America6.47%6.44%0.95Bank of America6.88%7.36%0.48
Wachovia5.85%5.90%0.55Wells Fargo8.58%7.57%0.26
Wells Fargo7.26%6.84%0.16Chase8.22%7.50%0.38
Chase6.84%6.45%0.04Fifth Third Bank6.76%6.19%0.00
Fifth Third Bank6.45%5.94%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 America6.41%6.17%0.89Bank of America8.14%6.63%1.05
Wells Fargo7.02%6.63%0.24Wells Fargo7.86%6.89%0.33
Chase6.75%6.30%0.04Chase7.72%6.68%0.00
Fifth Third Bank6.23%6.02%0.28Fifth Third Bank6.69%6.08%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 America6.00%6.22%0.93Bank of America6.88%7.60%0.08
Wachovia5.59%5.65%0.45Wells 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%5.98%0.00
Fifth Third Bank5.85%5.87%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 America7.21%6.45%1.84Wells 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 Bank6.47%5.91%0.00
Fifth Third Bank6.12%5.68%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