Mortgage Rates

Today’s Mortgage Rates in Chicago

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Today’s Mortgage Rates:

Loan ProgramRateAPR*
30-Year Fixed3.700%3.840%
15-Year Fixed3.125%3.491%
7/1 ARM3.500%4.100%
30-Year Fixed Jumbo4.250%4.324%
30-Year Fixed FHA3.490%4.364%
30-Year Fixed VA3.625%3.862%

As of 10:30AM CST, mortgage bonds are up 9 basis points. Expected news coming later this week should influence the market.

Typically, mortgage rates will decline as the price on mortgage bonds decreases.  So, if today’s trend continues, rates could drift upward.

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.

It’s the biggest purchase of your life. Talk to an expert.

Call us at 708-531-8388 or contact us below for a quote customized to your situation.