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15 Year Fixed Mortgage Rates in Illinois

Updated: April 18, 2019

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

3.161%

APR
15 Year Fixed
3.125% Rate $1,394/mo
  • Updated April 18, 2019
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4.027%

APR
15 Year Fixed
3.625% Rate $1,442/mo
  • Updated April 18, 2019
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PRODUCTS RATES +/-
30 Year Fixed 4.22%
15 Year Fixed 3.78%
5/1 ARM 4.30%
Thursday, April 18, 2019

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Mortgage rates for Illinois go up to 4.22%

Thursday, April 18, 2019

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 4.22%. That increased from 4.21% to 4.22%. The 15-year fixed rates are now at 3.78%. The 5/1 ARM mortgage for Illinois is now at 4.30%.

15 Year Fixed Mortgage Rate Explained

15 year fixed mortgage is a loan program where the monthly payment (principal and interest) of the loan does not change during the 15 year life of the loan. Like the 30 year, and the loan is "amortized" so that it will be completely paid off by the end of 15 years. Above you will find 15-year fixed refinance rates for national and local lenders in Illinois. 

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