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Illinois Conventional Mortgage Rates

Updated: December 09, 2019

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Displaying rates for Mortgage Refinance in IL for $200,000

3.520%

APR
30 Year Fixed
3.500% Rate $899/mo
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3.647%

APR
30 Year Fixed
3.625% Rate $913/mo
  • Updated December 09, 2019
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3.636%

APR
30 Year Fixed
3.625% Rate $913/mo
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4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated December 09, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

3.721%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated December 09, 2019
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3.538%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated December 09, 2019
  • Compare up to 5 Offers, Against a Network of 1000s of Lenders
  • 3.411% APR
  • Fixed Rate 30yr
PRODUCTS RATES +/-
30 Year Fixed 3.73%
15 Year Fixed 3.40%
5/1 ARM 4.22%
Monday, December 09, 2019

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Mortgage rates for Illinois go down to 3.73%

Monday, December 9, 2019

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 3.73%. That dropped from 3.73% to 3.73%. The 15-year fixed rates are now at 3.40%. The 5/1 ARM mortgage for Illinois is now at 4.22%.

 

Conventional Mortgage Rates & Loan Limits in Illinois

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in Illinois or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages  have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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