Mortgage Rates

Loan ProgramRateAPRDiscount Points
30-Year Fixed4.550 %4.716 %0.00
15-Year Fixed4.000 %4.251 %0.00
7/1 ARM4.490 %4.975 %0.00
30-Year Fixed Jumbo4.500 %4.577 %0.00
30-Year Fixed FHA4.450 %4.316 %0.00
30-Year Fixed VA4.500 %4.765 %0.00

7/17/2018, as of 10:30 AM CST, Mortgage Bonds are down 8 basis points, while stocks are slightly higher.

With a meeting between U.S. and Russian Presidents later today, it is likely that we will see some market movements in response to what eventually transpires.

Typically, mortgage rates will improve as the price on mortgage bonds goes up. Expected news coming this week should push the bond market higher.

Mortgage rates can and do change daily.  If you are considering a purchase or a refinance, you should monitor interest rates very closely as small differences in rate can add up to thousands of dollars in interest over the life of the loan.

Get A Quote

Mortgage Rate Assumptions

*Annual Percentage Rate (APR) calculations assume single-family, detached, owner-occupied primary residence in Illinois; a loan-to-value ratio of 80% or less for conventional and 75% or less for jumbo loans; a minimum FICO score of 740 for conventional and jumbo, and a loan amount of $300,000 for conforming loans or $750,000 for jumbo loans, unless otherwise specified.

Rates are subject to change without notice; subject to underwriter approval; not all applicants will be approved; fees, charges, and restrictions may apply.